What should you know about altcoins?

Here are the two key things to know about altcoins. Altcoins are a highly speculative and volatile investment. Speculation is a powerful driver of the crypto markets so it's important to do your research before investing in any altcoin. Half-baked whims and trading based on rumors are exactly what the experts advise against.

What are AI cryptocurrencies?

AI cryptocurrencies are tokens that power AI blockchain platforms such as The Graph. Users spend tokens in order to use the platforms and the benefits of their integrated artificial intelligence. We’ve looked at some of the leading AI crypto projects according to their market caps to see how AI is being used within the sector.

What was the first altcoin?

The first altcoin was Namecoin, which is based on Bitcoin's code and was released in April 2011. Namecoin is integral to the history of altcoins in that it showed that there's enough room in the crypto markets for more than one kind of coin.

Are altcoins a fork?

Altcoins belong to the blockchains for which they were explicitly designed. Many are forks—a splitting of a blockchain that is not compatible with the original chain—from Bitcoin and Ethereum. These forks generally have more than one reason for occurring. Most of the time, a group of developers disagree with others and leave to make their own coin.