Crypto Bubble
By Cryptomcmillan1 | Updated on May 24, 2020
It is a speculation in the cryptocurrencies and the price of cryptocurrencies would go extremely high before the bubble bursts. Cryptocurrencies had its first bubble in 2017 where ther was an Initial Coin Offering (ICO) boom. It bursted from its all time high (ATH) on 16 Dec 2017.
Related Terms
Cryptocurrency
A form of digital currency that utilizes cryptographic protocols to record ownership and prevent counterfeiting
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
Protocol
The set of rules in a network in which participating members comply to allow proper communication.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.