REKT
By CoinGecko | Updated on Mar 03, 2020
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Outside of the crypto trading world, rekt is essentially the slang used to describe a bad situation.
Related Terms
Delegated Proof-of-Stake (dPOS)
A consensus mechanism where selected members of a network are voted as delegates to validate transactions and produce blocks on a blockchain.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Total Supply
All the tokens and coins that will exist in a cryptocurrency network.
Market Maker
Participant of the market who creates buy and orders
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