What is a wick ("soplya") on a cryptocurrency exchange?
A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.
What is a soft cap in cryptocurrencies?
A soft cap is the minimum amount of funds a project plans to raise during a token sale in order to begin developing the product. If the amount is not reached, the funds are usually returned to contributors.
What is an order book in cryptocurrencies?
An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.
What is a token standard in cryptocurrencies?
A token standard is a set of technical rules that a token on a blockchain conforms to. Standards ensure the compatibility of tokens with wallets, exchanges, and smart contracts.
What is a wall (buy wall, sell wall) on a cryptocurrency exchange?
A wall is a very large limit order to buy or sell that is capable of slowing down price movement. A distinction is made between a buy wall and a sell wall.
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