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What is altcoin?
An new alternative to the altcoins already available in the crypto currency scene.
Platinumcoin and limxcoin are altcoinatives to litecoin and darkcoin.
altcoin - meme gif
altcoin - video
Altcoin - what is it?
And alternative cryptocurrency to bitcoin. Bitcoin being the first cryptocurrency, any variation thereon is an Altcoin (or alt-coin)
"Litecoin is my favourite altcoin because it makes ASIC mining more difficulty"
"Namecoin is sort of an altcoin, but also a domain name system"