What are the most popular altcoins?

Today, altcoins are accounted for more than 40% of the total cryptocurrency market, with over 10,000 cryptocurrencies and counting. Some of these include utility coins, stablecoins, security coins, and meme coins. Still, the highest altcoins by market cap remain to be Ether, Tether, Binance Coin, and even Dogecoin

What is an altcoin?

In other words, any cryptocurrency that are alternative to Bitcoin are classified as Altcoins. That includes Ethereum’s Ether and Ripple’s XRP. Altcoin deviates from the monopolization of Bitcoin and offers a cheaper alternative for digital transactions.

Are cheaper altcoins still a good investment?

As a result of the recent sell-off in digital currencies, cheaper altcoins might look like attractive assets due to their potential upside. Therefore, today I’ll discuss seven low-cost cryptos that still have solid upside potential in the rest of the year.

Do all exchanges support all altcoins?

Not all exchanges support all altcoins and most crypto exchanges only support a limited list of altcoins with a substantial market cap. Another crucial component of trading any digital assets or DeFi tokens is opening or registering a digital wallet.