Dump
By CoinGecko | Updated on Mar 03, 2020
A common term used to describe downward market movement, or to describe the action of selling an individuals holdings.
"The market is dumping!"
"I'm dumping all of my tokens"
Related Terms
Lightning Network
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. Payments on this network do not need block confirmation and it will be instant.
Pump and Dump Scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
Hard Fork
It is a permanent divergence of a blockchain into two blockhains. The original blockchain does not recognize the new version.
ERC-20
ERC-20 is one of the most widely used token standards in Ethereum to create fungible, exchangeable tokens.
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