Meaning of "Stablecoin"
It is a virtual asset designed to reduce price volatility by pegging its value to specific assets, such as the U.S. dollar, at a 1:1 ratio.
"When market volatility increases, investors turn to stablecoins to reduce conversion costs and minimize price fluctuations."
Related slang words
DeFiThis refers to a decentralized financial service (or ecosystem) that allows users to deposit and lend assets on a blockchain, exchange interest and trading profits, and generate returns—all without the need for centralized financial institutions.EscapeThe act of successfully cashing out a cryptocurrency that was either in a steep decline or had been held at a loss once it reaches the break-even point or a profit-taking level (or that state)Delisting BeamThis refers to a phenomenon where a coin slated for delisting experiences a temporary surge in price at the very end, driven by factors such as "manipulation by market players" or short-term positive supply-and-demand dynamics.Hard forkWe are implementing a major technical change that introduces rules incompatible with the existing blockchain, thereby splitting the same network into separate new chains for operation.PenthouseA term used to describe a situation where investors buy stocks (or other assets) based solely on the expectation that prices will rise further from their all-time highs, leaving them stuck at the "highest point" and unable to exit the marketMindless buyingThis refers to an investment behavior in which investors blindly follow others' buying decisions without any analysis or judgmentDomhwang TeaA meme that playfully twists the pronunciation of "run away," jokingly warning people to evacuate before stock prices plummetI got bittenThis refers to a situation where, after the market price has fallen significantly below the purchase price, resulting in a loss, the investor is unable to cut their losses easily and ends up holding the position involuntarily for an extended period.