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

3 answers

• Denis SkuridinMar 15, 2024 · 2 years ago
  Squanch is a term that originated from the popular TV show 'Rick and Morty' and has been adopted by the cryptocurrency community. In this context, 'squanch' is often used as a playful slang term to describe a sudden and significant increase in the value of a cryptocurrency. It can be used to express excitement or enthusiasm about a particular coin or token experiencing a rapid price surge. For example, someone might say 'Wow, Bitcoin just squanched to a new all-time high!' to convey the idea of a sudden and substantial price increase.
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• daumDec 01, 2021 · 4 years ago
  When it comes to cryptocurrency, 'squanch' is a term that has gained popularity among enthusiasts and traders. It refers to a sudden and substantial increase in the value of a digital asset. Similar to the concept of a 'moonshot' or 'pump', 'squanch' is often used to describe a significant price surge that can happen within a short period of time. It's important to note that 'squanch' is a slang term and not a technical or official term used in the cryptocurrency industry.
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• Raseem YJan 18, 2021 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, defines 'squanch' as a term used to describe a sudden and significant increase in the value of a cryptocurrency. It is often associated with a rapid price surge and can be seen as a positive development for investors. However, it's important to approach such price movements with caution and conduct thorough research before making any investment decisions. The cryptocurrency market is highly volatile, and 'squanch' can also refer to sudden price drops, so it's crucial to stay informed and manage risks effectively.
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