Altcoins in 5 Minutes: From Theory to Practice

ConsensusDissenter · 2025-11-17T03:03:53+00:00

Altcoins are specialized cryptocurrencies solving various problems beyond Bitcoin, including platforms for apps, DeFi coins, stablecoins, and meme coins. Key altcoins to consider are Ethereum, Solana, Polkadot, Cardano, and Chainlink. To avoid losses, verify projects' real-world applications and stay informed.

ConsensusDissenter

2025-11-17 03:03:53

Abstract generation in progress

People often ask: “What to do with coins besides Bitcoin?” The short answer: the choice is enormous. And each altcoin solves its own problems.

What are altcoins really?

Think of altcoins as “specialized cryptocurrencies”. If Bitcoin is the “gold” of the blockchain, then altcoins are tools for specific tasks:

Platforms for Programs (Ethereum, Solana) — allow developers to create decentralized applications, like an “AppStore for blockchain”.

DeFi-coins (Uniswap, Aave) — cryptocurrencies that operate as “banking without banks”.

Stable coins (USDT) are pegged to real money to avoid crazy price fluctuations.

Meme coins (Dogecoin) — started as a joke, but some have gained real value.

Which altcoin should you pay attention to right now?

Ethereum (ETH) — the king of platforms. After switching to Proof-of-Stake, it became 99.95% more energy-efficient. Most DeFi projects and NFTs operate on it.

Solana (SOL) — the “fast elevator” of the blockchain. It processes 65,000 transactions per second compared to 15 in Ethereum. Ideal for those who want low fees.

Polkadot (DOT) — a “bridge” between blockchains. It solves the problem of incompatibility between different networks, allowing them to communicate.

Cardano (ADA) — science in its purest form. The developers are not in a hurry, but each update is well-tested. Smart contracts can already be created on it.

Chainlink (LINK) — does an unforgettable job: it takes data from the real world and transmits it to smart contracts. Without it, half of the DeFi projects would not function.

How not to lose money on altcoins?

✓ Check if the project solves a real problem. ✓ Understand who is behind the project — whether it is a serious team with experience. ✓ Stay updated on the network's developments. ✓ Remember: the cryptocurrency market is wild, prices can drop as quickly as they rise.

conclusion

Altcoins are not an “alternative” to Bitcoin, but rather a complement to it. Ethereum, Solana, Polkadot, Cardano, and Chainlink - each of them does something unique. The main thing is not to invest in what you do not understand. Analyze, read whitepapers, engage in the community. Only then will your choice be informed.

ETH0,23%

SOL-0,28%

UNI-4,6%

AAVE-2,17%

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