Dead Cat Bounce
By CoinGecko | Updated on Oct 10, 2021
Price rally that is short lived after a prolonged decline. Price charts will show a recovery in anticipation of a market turnaround only to decline further. It is liken to a dead cat bouncing if it falls high enough.
Related Terms
Application-Specific Integrated Circuit (ASIC)
Refers to specialized computers that are made to do a very specific task (eg. calculate hashes for Bitcoin's Proof-of-Work)
Initial Coin Offering (ICO)
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales.
Composability
Composability refers to the ability to combine different components of a software stack.
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.