Discover and read the best of Twitter Threads about #cryptocoins

Most recents (2)

Airdrop

When #cryptocurrency projects distribute their native #tokens straight to their customers' wallets.

[#web3 glossary thread]
Alpha

Important or insider knowledge, notably about the value of #digital assets such as #cryptocurrencies and #NFTs; a measure of an investment's return over and above that of the market or other benchmark.

[#web3 glossary thread]
Altcoin

Formerly used to describe any #cryptocurrency that wasn't #Bitcoin; however, #altcoin is now used to describe any new cryptocurrency with a low market valuation.

[#web3 glossary thread]
Read 102 tweets
The misconception about Coins and Tokens in #Crypto

A thread 🧵🧵

#Crypto #web3 #cryptocoins #cryptotokens #Bitcoin #ethereum #solana #BinanceSmartChain #NFT
Many people find it difficult to distinguish between

Coins and Tokens, and as a result, there are many

misconceptions about the two. Some people refer to

Coins as Tokens, while others refer to Tokens as Coins,

and vice versa.
Prior to discussing what coins and tokens are, allow me to give this analogy.

Let’s take a look at a tree. A seed is first planted, which then sprouts roots, forms a plant, and then matures into a tree. The tree will then have roots that serve as its base
Read 14 tweets

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