Hey kids! Ever heard of altcoins? They're like different types of cryptocurrency, besides Bitcoin and Ethereum. Recently, there's been some drama in the altcoin world! Some people think memecoins (cryptocurrencies based on funny internet memes) and how they're launched might have caused some altcoin prices to go down.
- Some altcoins are like memecoins but with fancy tech.
- Lots of altcoins appeared, making it hard to pick the best ones.
- Big investors sometimes help altcoin prices stay up.
- Altcoin prices went way down in April 2024, then went up again later in the year.
| Fact | Number |
|---|---|
| Altcoin market high (March 2024) | $788 billion |
| Month altcoins crashed | April 2024 |
