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CHRISTO DE WIT: Altcoins are champing at the bit

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Bitcoin began as the disrupter-in-chief in the brave new world of crypto, but some of the newcomers are making it look staid and plodding

19 December 2024 – 05:00

by Christo de Wit

Bitcoin is the original cryptocurrency, but “altcoins” — cryptocurrencies other than bitcoin — probably now number more than 20,000. While this number appears impressive, only a fraction of these have significant market capitalisation or meaningful utility.

Born from blockchain technology, these digital assets have proliferated to address various technological challenges, industry-specific needs and investment opportunities. ..

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