altcoin
noun
alt·coin
ˈȯlt-ˌkȯin 
plural altcoins
: any of various cryptocurrencies that are regarded as alternatives to established cryptocurrencies and especially to Bitcoin
Since then, thousands of new altcoins … have been created and added into the crypto ecosystem. "Altcoin" refers to any type of cryptocurrency other than Bitcoin.—
Meghan DeMatteo
Meghan DeMatteoEthereum's surge has triggered wider interest in the altcoin universe from retail investors with cash to burn …—Postmedia Breaking News
Postmedia Breaking News… major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins …—benzinga.com
benzinga.comExamples of altcoin in a Sentence
Recent Examples on the Web
Expect the approval of ETFs for leading altcoins like Solana (SOL) and other Layer 1 tokens, boosting institutional adoption.
6.
—Alexander S. Blume, Forbes, 19 Dec. 2024
Major altcoins are rallying too: Solana (SOL) touched $262.93, surpassing its 2021 peak.
—Nina Bambysheva, Forbes, 25 Nov. 2024
Despite that, the market is also made up of numerous altcoins that symbolize different blockchain advancements, protocols, and uses - ranging from smart contract platforms to decentralized applications, each with unique technological approaches and market behaviors.
—Roomy Khan, Forbes, 28 Oct. 2024
Bitcoin went down 60 percent—but the other altcoins went down much farther than that.
—Gian M. Volpicelli, WIRED, 17 June 2022
The overall crypto market followed suit, with altcoins including Solana (SOL), Dogecoin, and Cardano gaining 8.5%, 4.9%, and 5.9%, respectively, over the past week.
—Vinamrata Chaturvedi, Quartz, 23 Sep. 2024
The crypto market is extremely volatile, with prices swinging wildly in short periods, i.e., in the past 3 months alone, Bitcoin is down 17.99%, and Ethereum is down 36%, while altcoins are down even more dramatically in 2024.
—Roomy Khan, Forbes, 18 Sep. 2024
Although there’s talk of issuing products based on large-cap altcoins like Solana Solana +3%, the law of diminishing returns will inevitably kick in as the focus moves toward assets of decreasing liquidity.
—Nimrod Lehavi, Forbes, 3 Sep. 2024
Gaining Institutional Trust Solana's price increase in the altcoin market also proves there's a shift among investors.
—Tyler Shepherd, The Courier-Journal, 12 June 2024
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Alexander S. Blume, Forbes, 19 Dec. 2024
Major altcoins are rallying too: Solana (SOL) touched $262.93, surpassing its 2021 peak.
—Nina Bambysheva, Forbes, 25 Nov. 2024
Despite that, the market is also made up of numerous altcoins that symbolize different blockchain advancements, protocols, and uses - ranging from smart contract platforms to decentralized applications, each with unique technological approaches and market behaviors.
—Roomy Khan, Forbes, 28 Oct. 2024
Bitcoin went down 60 percent—but the other altcoins went down much farther than that.
—Gian M. Volpicelli, WIRED, 17 June 2022
The overall crypto market followed suit, with altcoins including Solana (SOL), Dogecoin, and Cardano gaining 8.5%, 4.9%, and 5.9%, respectively, over the past week.
—Vinamrata Chaturvedi, Quartz, 23 Sep. 2024
The crypto market is extremely volatile, with prices swinging wildly in short periods, i.e., in the past 3 months alone, Bitcoin is down 17.99%, and Ethereum is down 36%, while altcoins are down even more dramatically in 2024.
—Roomy Khan, Forbes, 18 Sep. 2024
Although there’s talk of issuing products based on large-cap altcoins like Solana Solana +3%, the law of diminishing returns will inevitably kick in as the focus moves toward assets of decreasing liquidity.
—Nimrod Lehavi, Forbes, 3 Sep. 2024
Gaining Institutional Trust Solana's price increase in the altcoin market also proves there's a shift among investors.
—Tyler Shepherd, The Courier-Journal, 12 June 2024
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Cite this Entry
“Altcoin.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/altcoin. Accessed 30 Dec. 2024.
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