What does 'est' stand for in the context of cryptocurrency?

3 answers

• Treat ResortsOct 27, 2024 · 9 months ago
  In the context of cryptocurrency, 'est' stands for 'estimated'. It is often used to indicate the estimated value or price of a cryptocurrency. For example, if you see 'BTC/USD est $50,000', it means that the estimated price of Bitcoin against the US dollar is $50,000. This estimation is based on various factors such as market trends, trading volume, and investor sentiment.
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• gnoveeAug 28, 2023 · 2 years ago
  When it comes to cryptocurrency, 'est' is short for 'estimate'. It is commonly used to represent the estimated value or price of a digital currency. For instance, if you come across 'ETH/BTC est 0.05', it means that the estimated exchange rate between Ethereum and Bitcoin is 0.05. This estimation is derived from market data and can fluctuate based on market conditions.
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• Ibrahim AbrahamApr 19, 2024 · a year ago
  In the context of cryptocurrency, 'est' refers to 'estimated'. It is a term used to indicate the approximate value or price of a specific cryptocurrency. For example, if you see 'LTC/ETH est 0.02', it means that the estimated exchange rate between Litecoin and Ethereum is 0.02. This estimation is based on market analysis and can serve as a reference for traders and investors.
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