Utility tokens are used to provide services within a 

network such as to purchase services, pay network fees, or redeem rewards.

 

Utility tokens unlike security tokens do not pay dividends or part with an ownership stake. 

Filecoin, which is used to purchase storage space on a network, is an example of an utility token. 

Ethereum has been said to be the most popular altcoin, 

using the full name (Ethereum) when talking 

about the broader block-chain network but Ether (ETH) to discuss the currency itself. 

Other top altcoins aside Ethereum (ETH) include Solana (S.O.L.), Polkadot (D.O.T.), Dogecoin (DOGE), Ripple (X.R.P.), Litecoin (L.T.C.), Shiba Inu (SHIB), SafeMoon (SAFEMOON), among others.

Below are some examples of Altcoins.

Ethereum is a type of bitcoin that provides a software 

platform that provides intelligent contracts or, better still, digital contacts and decentralized applications 

known as dApps. It is a platform that offers a stage to 

everyone regardless of state, religion, and caste. 

This platform is secured from frauds and forgeries.

Litecoin was introduced by an Ex google engineer 

known as Charlie Lee. This currency is the second to 

Bitcoin's or the silver coin after Bitcoin's gold; this 

currency took effect in the family of cryptocurrencies in 2011. Litecoin is not under any national or central 

federation; it is an independent network and is the same as Bitcoin in many ways; the global generation rate is also excellent.

XRP was invented in 2012, having a market cap of $39 billion. This type of currency has proven very effective in transactions from one country to another. It also offers payments in different currencies. XRP is a US-based technology company specialising in gross settlement systems, currency exchange, and remittance networks.

As a newbie, you should understand that the market cap and trust in Bitcoin are much higher than that of some altcoins classes, so people prefer Bitcoin over altcoin. 

However, the main point that makes altcoins unique 

from Bitcoin is that they are here in the market to resist 

the volatility found in the cryptocurrency.