Post
Topic
Board Altcoin Discussion
Re: What role have altcoins played in cryptocurrency industry
by
shinratensei_
on 02/06/2023, 23:15:50 UTC
Altcoins offer additional investment opportunities for crypto investors. The high returns of altcoins have attracted more investors to join, and some altcoins have also achieved huge growth, allowing early investors to obtain considerable profits.
these altcoins in general as acts like good flavour for the whole industry.
even though many of altcoins are speculative and might also just a tool for gaining some profits, even much frequently being manipulated by whales, still it opens up opportunity of getting huge returns in some of the investment.
that with a fact that many of the people that invested also know very well what they invested in, which incur high risk of losing the investment, other than that, maybe it brings up some innovation.

i couldn't imagine how the cryptocurrency industry without the presence of altcoin like ethereum which further enhance the capabilities of blockchain technology through leveraging their smart contract technology.
it just so good that it makes blockchain find it potential use case and there are many of these use cases in which gonna make blockchain technology even seems more interesting.