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Is Ethereum still a popular altcoin?
Despite the exponential growth in this last year of competing blockchains, such as Solana, Ethereum is still the one most widely used by crypto project developers for new altcoins.What are some examples of altcoins?
For example, some of the biggest altcoins you may have heard of include Ether, Ripple, Bitcoin Cash, Litecoin, and Monero. Ether: Ether is the cryptocurrency generated by the Ethereum platform, so this cryptocurrency is often also called Ethereum. The Ethereum platform is a ledger technology other companies can build on.What are altcoins & how are they related to bitcoin?
But, as we've explained before, Bitcoin has a lot of problems as a currency. The term "altcoin" refers to any other cryptocurrency that's not Bitcoin---in other words, they're alt ernatives to Bit coin. What Are Altcoins, and How Are They Related to Bitcoin?Is Ethereum a store-of-Value (SOV)?
NFTs are popular in the sale of digital assets. Ethereum’s supply has no cap, like Bitcoin’s supply. As The Wall Street Journal points out, it’s determined by members of Ethereum’s community. Bitcoin has a limit of 21 million coins, period. As a result, Ethereum can be both a store-of-value (SOV) and also a medium-of-exchange (MOE).