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Activity News Daily Digest: What Should a Crypto Newbie Know?As the new school year kicks off, itโs time to load up your crypto toolkit with some fresh terms to impress your โclassmatesโ:๐ โDAOโ (Decentralized Autonomous Organization) โ A community-led entity with no central authority, where decisions are made from the bottom up.๐ โWhaleโ โ A person or entity that holds a large amount of cryptocurrency, enough to potentially influence market prices.๐ โAirdropโ โ A distribution of cryptocurrency tokens or coins, usually for free, to a large number of wallet addresses, often used as a marketing strategy.๐ โSmart Contractโ โ Self-executing contracts with the terms of the agreement directly written into lines of code on the blockchain.๐ โHODLโ โ A misspelling of โholdโ that has become a term in the crypto community, advocating for holding onto assets rather than selling them during market dips.
