Stablecoin
By CoinGecko | Updated on Mar 03, 2020
Stablecoins are designed to mimic commodity assets or fiat currency whilst exisiting as a cryptocurrency. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.
Related Terms
Non-custodial
It is a decentralized type-of-wallet, where the users owns its private keys.
Sell wall
Anomalously large sell order(s) at a single price point that reflects as a "wall" in the order book.
Dead Cat Bounce
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.
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
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