The global digital currency market has lost $460 billion in value in two years

The global market value of altcoin has fallen from a peak of $554.5 billion in 2018 to $91.5 billion today, wiping more than 80 percent off its value.

Altcoin means that in addition to bitcoin, other subsequent digital currencies based on blockchain technology are all called “altcoin”.

“Altcoin” is not a counterfeit currency. It is based on Bitcoin source code or ideas. It has innovations and certain application scenarios.