Meaning of "altcoin"

Al-Teu-Ko-In

altcoin알트코인#IT/개발#경제/재테크2010s Meme

A collective term for all cryptocurrencies other than Bitcoin

"These days, investors are flocking to the market amid rumors that altcoins have surged in value."

Meme coinThis refers to cryptocurrencies that originate from internet memes, trending jokes, or online community culture, and whose prices are prone to sharp fluctuations based on public interest and participation.Seed moneyThis refers to the initial capital invested at the start of an investment, such as in cryptocurrency, or the seed money used to get started.I got bittenThis refers to a situation where, after the market price has fallen significantly below the purchase price, resulting in a loss, the investor is unable to cut their losses easily and ends up holding the position involuntarily for an extended period.Half-lifeA period or phenomenon in a blockchain network during which the amount of mining rewards is halved at regular intervals, which can slow the rate of new supply and thereby affect pricesRug PullThis refers to a type of fraud in which a party involved in a joint project suddenly disappears, causing the project to be halted, while simultaneously misappropriating the victim’s assets without returning any investment or funds.Mindless buyingThis refers to an investment behavior in which investors blindly follow others' buying decisions without any analysis or judgmentHard forkWe are implementing a major technical change that introduces rules incompatible with the existing blockchain, thereby splitting the same network into separate new chains for operation.AirdropWe are conducting a promotion to distribute coins free of charge to those who have held a specific coin or participated in the project’s marketing and engagement activities.