As a professional financial terminology bank, the Financial Dictionary is designed for our users looking to enhance their financial knowledge.
XRP, introduced in 2012, is the native currency of the XRP Ledger (XRPL), which is a public, open-source, permissionless, and decentralized blockchain that anyone can contribute to or use for transactions.
A Wrapped Token is a type of cryptocurrency that is valued at a 1:1 ratio with another token. The values of both tokens are identical, with one token's value supporting the other.
The Winklevoss Twins, Cameron and Tyler, are American investors and entrepreneurs who established the Gemini cryptocurrency exchange in 2014.
The Weekly or 1W signifies data from the last 7 days represented as a single data point.
Web 3.0 represents the next stage in the evolution of the Internet. To grasp the concept of Web 3.0, we must reflect on Web 1.0 and also consider the current state of the Internet, known as Web 2.0.
WAGMI is a term that stands for “We’re all gonna make it.” It serves as a motivational phrase, commonly found on social media platforms like Twitter, aimed at fostering optimism and confidence in the cryptocurrency markets, particularly when positive news emerges.