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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.

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Related Terms

Decentralized
A system where there are no centralized points of failure or organization with no central authority figure.
Derivatives Market
A market for derivatives which are instruments such as futures or options whose value is derived from an underlying asset.
Public Blockchain
An open sourced blockchain where participation is public and permissionless
Rug Pull
Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.
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