maybe you are already familiar with some cryptocurrency terms such as blockchain, satoshi, ether, and others. but some of these terms are very foreign to most people, even some traders may not know them.
some of the terms this time are generally widely used in discussions on cryptocurrency community forums, and wild maniacs also know it.
1. Hidden Diamond
the first is Hiden Diamond, this term refers to cryptocurrencies that have the potential to experience significant price increases in a short time and their prices tend to rise continuously and their existence is unknown to many people.
if on price tracking sites like CMC and CoinGecko, then this coin is usually in the hundreds or thousands and the profile is also normal.
2. Scam Coin
This term is certainly not foreign to many people, this coin comes from a project that was so long ago but there is also a very promising one, such as bitconnect. the ordinary fraudster will make a coin with a name that generally resembles a famous coin with very promising frills.
besides that they generally have a short life cycle, hype at the start then suddenly dies, because the perpetrator takes the money from the sale of coins. you can see a list of scam coins on the coinospy site
3. Dead Coin
This type of coin is almost the same as a scam but the case is different, this coin arises because the developer decides to stop the development of the coin for various reasons, and then the coin will lose its price quickly or slowly.
the characteristics of this coin can generally be seen with prices that are not updated for several days and social sites that are very quiet and blocked/deleted
3. Zombie Coins
Coin Zombie is a coin that has been abandoned by the original developer (but some have changed developers) but fans of this coin still have a price and continue to be active even though it is different from its original purpose. this type of coin comes from smart contract migration or update.
An example of this type of coin is Iron Titanium, which initially DEFI turned into a meme
4. Shit Coin
This type of coin has been popping up a lot lately with animal themes and deflation/tax. This coin is characterized by a very low price and a large enough supply and a very serious developer. This coin is often found on the dex exchange and some are on CEX and are generally often promoted by their fans (shill).
examples of these coins are FEG, SHIBA, and PIG
You can read the Indonesian version here
