With Bitcoin traders slowly coming into terms with the highly volatile nature, another name is on the rise these days – Altcoin. As the name indicates, it is an alternative crypto currency option for Bitcoin. A number of Altcoins have gained interest these days – Monero, Zcash, Stellar, IOTA, Bitcoin Cash and to name a few. Many of the above mentioned ones have gained quite a lot these days. The coming days will definitely decide, which one would topple Bitcoin from the pole position.
The market cap of Bitcoin met with the figure of $233B last week. The figure, which is its all time lowest figure for Bitcoin, also resulted in its market capitalization stooping to a 33.7% of all the crypto currencies.