Altcoin News
The crypto market started off with Bitcoin’s debut, and the philosophy behind it led to the arrival of Ethereum (ETH), the pioneer altcoin asset. Once Ethereum grew in popularity due to its blockchain offering a whole new suite of possibilities to unlock within the crypto and web3 realms, others began to be inspired, thereby leading to a spark in innovative development, which brought in more altcoins.
Since then, more and more blockchains have been introduced, each with their own missions and visions, working towards improving the world as we know it. Ethereum introduced smart contracts, DeFi, crypto gaming, Non-Fungible Tokens (NFTs), and much more. However, all that activity led to congestion, meaning high transaction fees and slow transactions. While other blockchains worked to provide decentralization, speed, security, and scalability, almost none were able to meet all requirements.
Cardano (ADA) seems to be the only blockchain at the moment that is truly decentralized, gaining a lot of attention. With more blockchains gaining popularity, their native altcoins began to pump in price. Some of the most popular altcoins in the crypto market include Etehreum (ETH), Cardano (ADA), Ripple (XRP), VeChain (VET), Polkadot (DOT), and Litecoin (LTC), to name a few.
Some tokens grew popular despite not being native cryptocurrencies like Shiba Inu (SHIB). Similarly, some memecoins gained so much popularity that they started to be recognized as altcoins rather than memecoins, like Dogecoin (DOGE). No doubt, since Etheeum’s debut, the crypto market has welcomed hundreds of altcoins all coming from a variety of crypto projects, including the DeFi, AI, and blockchain gaming realms.
Altcoin prices always tend to rise after Bitcoin (BTC) makes its bull cycle top prices. This phase, when altcoins surge and set a string of new ATH prices themselves, is known as altseason. Every bull cycle remains incomplete without the altseason peak phase, and this phase is usually led by Etehreum (ETH), when the pioneer altcoin pumps to set new ATH prices of its own, triggering a crypto market-wide price surge.
Coinbullet prides itself on keeping a vigilant eye on all altcoin prices to find and share bullish altcoin news so our readers are always informed of price fluctuations or other market moves that could greatly affect altcoin prices. Our dedicated reporters will cover altcoin news pertaining to legacy altcoins, new altcoins, and popular altcoins across the entire crypto market.