Dominance
By CoinGecko | Updated on Mar 03, 2020
In the cryptocurrency world, dominance commonly refers to the measure of how dominant a particular cryptocurrency is relative to the others for a given parameter.
One example is the Bitcoin market capitalization dominance, which measures Bitcoins market capitalization % relative to other measured cryptocurrencies. Dominance can also be applied on trading volume, or any other measurable metrics.
Related Terms
REKT
A shorthand slang for “wrecked”, typically describes bad trades that results in losses.
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Liquidity
The ease of which cryptocurrency can be bought and sold without impacting the overall market price.
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