An altcoin is an alternative to bitcoin – the crypto that started it all. Most of the altcoins that've been
released are built on the blockchain technology that spawned bitcoin, and this technology is already
supporting more secure and efficient ways of transacting business and transferring assets.
Here are a
list of some altcoins and their prices:
| Altcoin Name | Price | Description |
|---|---|---|
| Litecoin | Around $270 as of 5/2/21 | Litecoin (LTC) was launched in 2011 by Charlie Lee, a former Google employee. The software that Litecoin runs on is incredibly similar to that of bitcoin, although Litecoin’s is faster. This is one of the reasons for Litecoin’s staying power. |
| NEO | Around $105 as of 5/2/21 | Headquartered in China, NEO has an ambitious vision to help create and support a new digital ‘smart economy.' Its network structure enables the development of decentralised applications or ‘dapps’ that can facilitate a whole host of secure and quick transactions, via smart contracts. |
| Stellar | Around $0.52 as of 5/2/21 | The aim of Stellar – founded in early 2014 by Joyce Kim and Jed McCaleb – is to seamlessly, quickly and securely link banks, customers and payment systems. Its platform is designed to facilitate the near-instantaneous exchange of funds around the globe – with its cryptocurrency, XLM, acting as a bridging mechanism between fiat currencies. |
| Dogecoin | Around $0.40 as of 5/2/21 | Dogecoin is the last altcoin that we’ve include in this article and it’s perhaps one of the newest to achieve mainstream attention. This attention is due in part to social media hype, spurred on by celebrities like Elon Musk, Snoop Dogg and Gene Simmons. |
| BitTorrent | Around $0.007 as of 5/2/21 | The BTT coin is for individuals needing faster download and upload speeds and other services which would otherwise be unavailable to them as free users. The system ultimately improves the quality of service and lays the foundation for the platform’s future growth. |