Once Bitcoin was emerging in the market, many companies started coming up with the same kind of concept in the form of alternative coins, which are commonly referred to as alt-coins.

What are Alt-coins?

Alt-coins, also called alternative cryptocurrency, are a type of digital coin like Bitcoin, but have different prices; all value of alt-coin depends on the market.

Total Alt coins in the market

There are more than 1200 Alt-coins in existence on the market, most of them are registered in coinmarketcap and these all alt-coins are traded in several exchanges in terms of bitcoin price.

Alt-coins vs Bitcoin

Alt-coins cover 50% of the cryptocurrency market and this is the most volatile market and its price varies with the price of the Bitcoin. Today these coins are traded in more than 100 exchanges.

Importance of Alt-coin

There are more than 1200 Alt-coins existing in the market, most of them are registered in coinmarketcap and all these alt-coins are traded in several exchanges in terms of Bitcoin price.

Alt-coin in the market

While Bitcoin currently leads the cryptocurrency market in terms of adoption and market cap, some argue that other, newer cryptos are actually a better investment. One proposed alternative is Litecoin. Sometimes referred to as the "Silver Bitcoin", this altcoin could prove superior based on four factors.
First, Litecoin's algorithm is far simpler than Bitcoin's, which makes it easier to run on graphics processing units (GPUs). This results in a lower barrier to entry for Litecoin miners in comparison to Bitcoin.
Second, Litecoin has a faster block generation speed. Processing a Litecoin block takes two-and-a-half minutes as opposed to Bitcoin's 10. This decreases transaction fees, making the Litecoin cryptocurrency more attractive to investors.

Difference to Bitcoin

In 2013 Bitcoin made its first prominent steps, where the value of a Bitcoin soared more than 10-fold in a two-month period, from $22 in February to a record $266 in April. In the same year, in November and December it made history again. In just couple of months it went from around $100 to a staggering price of $1152. The big bubble burst shortly afterwards and Bitcoin started another long walk from about $200 towards the new all-time high that happened in May 2017 ($2700). Soon after the price reached its peak, Bitcoin price plunged for almost $1000 just in two days. The price recovered quickly and reached a new all time high in June ($2980). From there it started a downtrend from June to mid July that found the bottom at around $1850. Whoever bought Bitcoin there was properly rewarded. A prolonged uptrend led the price of Bitcoin to a record breaking all time high of $5000. And more recently it topped $7000 with the proposed fork. However the cancellation of the controversial fork brought prices down, yet they are rallying again and alter too quickly to keep up to date with a written article such as this.

Alt-coin Prices


Ethereum. Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. ... Vitalik Buterin, a cryptocurrency researcher and programmer proposed Ethereum in late 2013.
While Bitcoin has captured the attention of currency traders and investors, the Ethereum ether blockchain was designed with additional features intended to appeal to the corporate world.


Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.
Litecoin prices' year-to-date (YTD) gain surpassed 2,000% earlier this weekend, after the cryptocurrency's price rose to fresh highs. The price of Litecoin reached $92.07 early in October's first week, according to CoinMarketCap. This upward movement pushed the digital currency's YTD gain to roughly 2,025%.