The alphabetical characters that represent cryptocurrencies, often their shortened names.

A ticker is the shortened name of a cryptocurrency and is usually composed of block letters. Examples of tickers are BTC (Bitcoin), BNB (Build N Build), ETH (Ether), USDT (Tether USD), SOL (Solana), and DOGE (Dogecoin).

Not all tickers are intuitively derived from the cryptocurrency's name. Polygon's ticker is MATIC. Others like this are Cosmos (ATOM), Monero (XMR) Stellar (XLM), Cardano (ADA) and Oasis Network (ROSE).

A term used to describe cryptocurrencies with specific use on their native blockchain networks.

A token is a digital unit used to represent value. It is a type of cryptocurrency that is designed to have a specific value other than just trading and exchange. Nevertheless, it can be used to substitute investment rights, as a digital receptacle for value storage, or to make transactions. Essentially, every cryptocurrency (referring to crypto coins) is a crypto token, but not all tokens are coins.

There are generally only four major serious types of tokens, corresponding to purposes for tokens. These are utility, payment, security, and stablecoin. A fifth, the meme token has its greatest examples in Dogecoin and Shiba Inu. The vast majority of tokens are created merely as speculative instruments and most become obsolete in a few weeks or months.

Every token on a blockchain uses the same creation protocol to ensure compatibility. For example, tokens on the Ethereum network use the ERC-20 protocol. Tokens on one network cannot generally be exchanged for tokens on another network without a bridge or using a centralized exchange.

A term used to describe negative trading outcomes, especially unforeseen drops in prices.

Tank is a term that is widely used in corporate finance to describe unfavorable market conditions and outcomes, particularly with reference to prices. The term is used as a verb—to tank—to describe the process of an asset’s price falling below the support level. It could also be used in a descriptive sense—a tanked asset—to identify an asset whose price has been down for too long or is not expected to rise by much for a long time.

Tanking especially describes sudden price declines. The reverse condition—where prices rise abruptly—is referred to as rallying.

Ticker

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