Batch Auction
By CoinGecko | Updated on Sep 01, 2021
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool. The token price is then determined based on the total amount raised at the end of the auction.
Related Terms
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An expression used by investors to ask when the price of a coin would hit a peak
Shitcoin
A coin with no obvious potential value or usage.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Market capitalization (market cap)
In Crypto, market cap is measured by multiplication of the circulating supply of tokens or currency and its current price
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