To my knowledge the first cryptocurrency was Bitcoin. Do you agree?
Since 2009 Bitcoin was launched by a person on behalf of Satoshi Nakamoto (aka) there have been very many positive things that have been obtained by people in the cryptocurrency space. Because Bitcoin has a limited stock, thus making the price of BTC expensive and then in anticipation of people being able to invest in crypto, Altcoins were born as an alternative.
Please give suggestions if my post is not correct.
After the launch of Bitcoin and seeing the success of Bitcoin in digital exchanges and starting to be trusted by many investors, even to the lowest level, other altcoins were born. Maybe the second coin after Bitcoin is Litecoin, please correct me if I'm wrong. Litecoin was launched in October 2011. This means that it is only 2 years after Bitcoin. And there are several other altcoins. However I see the success rate of other coins is much lower compared to Bitcoin.
If only the reason Bitcoin is because of the first coin so the success rate is higher compared to the others. However we see Ethereum is much younger than Litecoin and Ripple, but Ethereum adoption is much higher.