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FOMO (Fear of Missing Out)
The feeling of urgency to invest in a rapidly appreciating asset.
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FUD (Fear, Uncertainty, Doubt)
Negative information or sentiment that may cause panic selling or discourage investment in a cryptocurrency.
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Genesis Block
The first block in a blockchain, which serves as the foundation for all subsequent blocks.
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HODL
A slang term in the cryptocurrency community meaning to hold onto your investments rather than selling, even during market volatility.
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ICO (Initial Coin Offering)
A fundraising method in which new projects sell their underlying cryptocurrency tokens in exchange for Bitcoin or Ethereum.
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KYC (Know Your Customer)
The process of verifying the identity of customers, often required by regulations for financial institutions.
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Liquidity
The ease with which an asset can be converted into cash without affecting its market price.
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Mainnet
The primary network where actual transactions take place, as opposed to a testnet used for development and testing.
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Market Cap
The total value of a cryptocurrency, calculated by multiplying the current price by the total supply.
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Merkle Tree
A data structure used in blockchain technology to efficiently and securely verify the integrity of large sets of data.