- Many altcoins, with their unique and distinct features, have become major players in the digital currency market
- Avalanche boasts near-instant, low-cost transactions
- Litecoin offers extremely low transaction fees, making it suitable for micro transactions
To address issues related to Bitcoin, many altcoins were created, which sought to build upon or improve what the world’s numero uno crypto set out to do.
The year 2021 witnessed a spectacular rise in demand for altcoins as investors looked for alternate sources of income. Many altcoins have risen to prominence and have become key players in the crypto space.