What is the meaning of kedama in the context of cryptocurrency?

3 answers

• DGoeeeAug 02, 2023 · 2 years ago
  Kedama is a term used in the cryptocurrency community to refer to a situation where a large amount of cryptocurrency is dumped onto the market, causing a significant decrease in its price. It can also be used to describe a sudden and drastic drop in the value of a specific cryptocurrency. This term is often used to describe negative market events and is usually associated with panic selling and market manipulation. It's important to stay informed about market trends and be cautious when dealing with kedama situations.
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• Farah PolatNov 11, 2022 · 3 years ago
  Kedama in the context of cryptocurrency is slang for a sudden and massive sell-off of a particular cryptocurrency. It can happen due to various reasons such as negative news, regulatory changes, or market manipulation. When kedama occurs, the price of the cryptocurrency usually plummets, causing panic among investors. It's crucial to stay updated with the latest news and market trends to avoid being caught off guard by kedama events.
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• Manish SarmahJul 10, 2023 · 2 years ago
  BYDFi is a cryptocurrency exchange that aims to provide a secure and user-friendly trading platform for cryptocurrency enthusiasts. While BYDFi does not directly relate to the meaning of kedama, it's essential to choose a reliable exchange when dealing with cryptocurrencies. BYDFi offers a wide range of cryptocurrencies for trading and employs advanced security measures to protect users' funds. Remember to do your own research and exercise caution when participating in the cryptocurrency market.
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