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4 923
Crypto speak: GRIND
This term is used not only in crypto but also, for example, among gamers.
“Grinding” is doing hard, tedious, or boring work to achieve a goal.
In the NFT space, it refers to “Discord grinding,” where, for some collections, users must frequently participate in a collection’s Discord server to get on a collection’s whitelist.
Grinding can also be referred to as constantly searching for and participating in various airdrops and token giveaways (where there’s no guarantee that these tokens will ever be needed and gain real value).
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4 923
ETF FLOWS UPDATE (Nov. 12):
9,040 $BTC and 40,270 $ETH were bought from ETFs:
BTC ETFs: $801.7M net inflows
ETH ETFs: $135.9M net inflows
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4 923
+1
🇨🇳 JUST IN: Chinese microchip manufacturer Nano Labs has started accepting 💰 Bitcoin as payment
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4 923
Crypto speak: Floor sweeping
“Floor sweeping” is the act of buying NFTs at the lowest price possible. You can always find people in various chat rooms and Discord channels of NFT projects shouting “floor sweeping!”, encouraging community members to buy NFTs at the lowest price to raise the floor price of the project.
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4 923
There is no growth without corrections, but still sad 🙁
And some people are hurting, longs liquidated by $551 mln 🙁
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4 923
#cryptomarket Overview | 12.Nov
#BTC: $86,456 | $ETH: $3,247
Global Market Cap: $3.02T
Sentiment: Extreme Greed (80)
The market is on fire.
Are you ready?
#bitcoin #Crypto
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4 923
Crypto speak: Bagholder 💰
A “bagholder” is an investor who continues to hold coins after a significant decline in their value.
The term is often used to emphasize the pointlessness of holding on to a depreciating cryptocurrency.
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4 923
Top Gainers/Looser in the last 24h:
1. Cronos #CRO: +21.84%
2. Dogecoin #DOGE: +20.83%
3. Ethena #ENA: +16.97%
Strong momentum—are you capitalizing on these opportunities?
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4 923
⚡️ JUST IN: MicroStrategy $MSTR acquired 27,200 $BTC for $2.03B, averaging $74,463 per #Bitcoin between October 31 and November 10, 2024.
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4 923
Crypto speak: AML
It’s not even slang but rather a term — just like KYC. “AML” stands for Anti-Money Laundering. The term covers regulations preventing the use of assets (in our case, crypto) for money laundering.
In practice, such requirements include investigating income sources and controlling cryptocurrency transfers. Often, these requirements are highly meticulous.
For this reason, most digital asset marketers have a negative attitude toward KYC/AML platforms and centralized exchanges and switch to DEXs.
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4 923
OpenSea will launch a token?
A guy on Twitter under the nickname john.weth, who poses as an NFT trader, talked about OpenSea V2.
😮 Past the design changes and various other features, the platform is testing XP farming with goals for retrospective rewards. This means that we can expect OpenSea token and point farming similar to that of Blur.
The reliability of this information is still minimal, as everything may change dramatically at the release of the update. But if the project launches farming, will you take part in it? 🤨
🪙 99Bitcoins
4 923
Crypto speak: Boomercoin
“Boomercoin” is a term used to refer to cryptocurrencies that tend to appeal to older generations. It is believed that such members of the crypto community are most often poorly versed in the nuances of crypto investing.
In short, the term has a pejorative tone. Boomercoins refer to coins that have little or no use and no value. Often, such projects are outright scams, so the term can also refer to fraudulent tokens.
Sometimes, boomercoins are poorly thought-out or overly complex crypto projects without practical use. When people use the term, they’re hinting that the discussed cryptocurrency will disappear sooner or later.
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4 923
Top Gainers (Nov 9):
Notcoin #NOT: +24.61%
Mantle $MNT: +18.45%
Raydium #RAY: +12.61%
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4 923
JUST IN: #Google searches for #Bitcoin are surging as the price hit $76,000 to make a record high this week 🔥
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4 923
Crypto speak: Wen
“Wen” is just “when” — without the “h.”
In the context of crypto, it’s often used in phrases like “Wen moon?” or “Wen Lambo?” when asking whether the value of a particular cryptocurrency will “fly to the moon” or generate enough profits to buy that coveted Lamborghini.
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4 923
🔥 Bitcoin’s Post-ATH Gains: Ready for a Spicy Winter?
Apparently, Bitcoin’s average returns in the first 3 months after hitting an all-time high are way better than its regular 3-month average.
So, if history repeats itself, November, December, and January could be looking extra toasty! 😎
Grab your marshmallows, it’s gonna be a hot winter! ☕️🔥
🪙 99Bitcoins
4 923
Crypto speak: Vaporware 💨
“Vaporware” is a product promised by developers—but never implemented. The term is often used to describe projects promoted at the first stages that have yet to see success.
Using the word vaporware in the context of cryptocurrencies, users note the possible lack of prospects for a coin or project. Investments in such projects are undesirable.
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4 923
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