Dutch Auction
By CoinGecko | Updated on Sep 01, 2021
A Dutch Auction, also know as an "inverted" auction, starts off with high asking price that decays over time until a pre-determined floor price. This style of auction allows users to enter only when the price matches their desired comfort level.
Related Terms
Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Bear Market
Contrary to bull market, it indicates the direction of the market going for downward trend.
Wallet Address
The address in which cryptocurrency can be stored, sent to and receive.
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
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