Archives: glossary

What is dumping?

A rapid drop in a coin’s price due to a sudden unprecedented sell-off of the coin. Dumping occurs when holders of a token/coin sell-off large quantities of the token in ...

What is ERC-20?

An Ethereum-based technical standard or guideline for creating and issuing smart contracts on the Ethereum network. The Long Explanation The ERC-20 is an Ethereum token standard that was proposed in ...

What is fungible?

Fungibility in cryptocurrency refers to the state of an asset (coin or token) which can be replaced by any other identical coin or token. The Long Explanation ‘Fungible’ is defined ...

What is a bull market?

The term is used to define the crypto and NFT market when it experiences substantial growth and there is positive investor sentiment in the market. The Long Explanation It refers ...

What is a bear market?

An extended period where crypto and NFT prices continue to decline and there is negative investor sentiment on the market. The Long Explanation It is a relatively short or cyclical ...

What is DYOR?

DYOR is an acronym for ‘Do Your Own Research’. It is a phrase used to tell crypto and web3 investors to complete their due diligence and take full responsibility for ...

What is “doxed”?

Doxing is the act of revealing personal information, such as names, workplace, phone number, address, etc., about a person online without their permission. In web3, it tends to whether the ...

What is deflation?

Deflation refers to a general reduction in the prices of goods or services in an economy. In the world of cryptocurrency, it refers to an increase in the value of ...

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