Although bitcoin is the leading cryptocurrency on the market, there are several different alternative altcoin coins are available on the market.
Altcoins have the similar background as bitcoin, they are all based on blockchain altcoin although different technical algorithms and features are associated with each trading.
As of today there are almost thousand different altcoins have been issued to the market. The number of alternative digital altcoin is growing every week as new coins hit the market through the ICO altcoin the Initial Coin Offering processes. The altcoins are placed to market through ICOs which becoming more and more popular for startups to raise money and for investors to jump into hot investment opportunities.
The initial coin offering process is the trading during the altcoins are issued to the market for first public purchases. It is similar to the IPOs on the exchanges, however during an ICO in stead of shares, a new cryptocurrency is issued to the market.
The process begins with issuing a white paper, trading the owners of the new digital coin details the features and specifics of the cryptocurrency that will be placed to the market along with the initial prices. You can check the ICO Calendar for the newest altcoins, or altcoin follow the Bitcoin Talk forum thread about emerging altcoins. Investors can purchase new altcoins through pre-orders and once all the funds have been raised the new altcoin is available to trade on the altcoin market.
The most important altcoins are listed altcoin Coin Market Cap. Read More