An altcoin is every cryptocurrency other than Bitcoin. Initially, developers forked the open-source code to create new cryptos. With time, these altcoins began to diverge further, with different visions or purposes and new capabilities.
Several bitcoin alternatives that are all over the altcoin news. The reason is simple: altcoins improve upon the perceived limitations of whichever cryptocurrency and blockchain they are forked from or competing with. As a result, they have higher survivability, and you get thousands of altcoins to choose from.
Understanding the mechanism of each altcoin is tricky, and using one as an investment tool is even trickier when you are unaware of crypto market trends.
Cryptocurrencies are extremely volatile, and it is often difficult to predict which altcoin will become popular. Follow daily altcoin news to always be on top of recent developments in the crypto space.