Drawdown

Chance to recover

Cryptocurrency is a digital asset and at the same time a payment system that uses cryptographic functions to encrypt records. At the core of cryptocurrencies lies the technology of distributed ledger — blockchain. Cryptocurrency is considered an alternative to fiat money, which is issued by the government.

Stablecoin is a token with a fixed exchange rate. Most often, the quotes of such coins are tied to the dollar. There are other options as well. For example, the company Tether issued the stablecoin XAUT, which is worth one troy ounce of gold.

Token is a digital asset that relates to a specific project and is issued based on cryptocurrency. For example, on the Ethereum blockchain platform, ERC20 standard tokens can be created, among which the well-known stablecoin USDT is included.

Shitcoin is a coin issued by fraudsters. It is also used to refer to unpromising cryptocurrencies.

Ether, Ethereum (Ethereum) is the leading altcoin by market capitalization. It was released by developer Vitalik Buterin in 2015.