COMMONLY USED CRYPTO ACRONYMS AND MEANING (DAY 4)

...Cont'd

#ICO = Initial Coin Offering.

You can think of an ICO as an instrument for raising funds to support crypto projects through minting and selling native digital tokens.

#ATH = All Time High.

This is the highest price of an asset in terms of market capitalization. In other words, ATH could denote the highest price paid for the concerned crypto asset.

#BTD = Buy The Dip.

refers to a crypto trading phenomenon focused on encouraging the purchase of an asset following a drop in market pricing. It implies the necessity of capitalizing on the opportunity to lock in an asset at a lower price.

#FOMO = Fear Of Missing Out.

phenomenon that creates hype about new crypto assets, thereby encouraging new investors to seek better opportunities for returns.