How does NFT slang differ from traditional cryptocurrency slang?

1 answers

• Mar 15, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that NFT slang and traditional cryptocurrency slang have their own distinct vocabulary. NFT slang often includes terms like 'NFT drop' (the release of new NFTs), 'floor price' (the lowest price for an NFT on the market), and 'rarity' (the uniqueness of an NFT). Traditional cryptocurrency slang, on the other hand, includes terms like 'whale' (someone with a large amount of cryptocurrency), 'DYOR' (do your own research), and 'shilling' (promoting a cryptocurrency for personal gain). Understanding the differences in slang can help you navigate the digital asset space more effectively.
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