ALGORITHMIC STABLECOIN

What Does ALGORITHMIC STABLECOIN Mean?

ALGORITHMIC STABLECOIN means "Cryptocurrency with Value Based on Algorithm."

An algorithmic stablecoin is a type of cryptocurrency, the value of which is based on an algorithm that can issue more coins when its price increases and buy them off the market when the price decreases.

Image for ALGORITHMIC STABLECOIN

When I write ALGORITHMIC STABLECOIN, I mean this:

meaning of ALGORITHMIC STABLECOIN

"Cryptocurrency with Value Based on Algorithm"

Summary of Key Points

"Cryptocurrency with Value Based on Algorithm" is the most common definition for ALGORITHMIC STABLECOIN on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
ALGORITHMIC STABLECOIN
Definition:Cryptocurrency with Value Based on Algorithm
Type:Word
Guessability:guessability level 3

3: Guessable

Typical Users:typical user
Adults and Teenagers

Example of ALGORITHMIC STABLECOIN Used in a Text

ALGORITHMIC STABLECOIN
author logo

This page is maintained by the Cyber Definitions Editorial Team.

Help Us Improve Cyber Definitions

  • Do you disagree with something on this page?
  • Did you spot a typo?
  • Do you know a slang term that we've missed?
Please tell us using this form.

See Also

Glossary of Cryptocurrency Terms Currency Symbols ALTCOINS (alternative currencies (cryptocurrency term)) BTFD (buy the f*cking dip (cryptocurrency term)) FIAT (government supported currency) HODL (hold on for dear life (cryptocurrency term)) ICO (initial coin offering (cryptocurrency term)) REKT (financially ruined (cryptocurrency term)) SATOSHI (smallest unit of bitcoin (cryptocurrency term))

Quiz

Try our fun quiz to test your knowledge of slang and texting abbreviations.
gold cup
Gold

gold cup
Silver

gold cup
Bronze

0
  • This test has questions.
  • A correct answer is worth 5 points.
  • You can get up to 5 bonus points for a speedy answer.
  • Some questions demand more than one answer. You must get every part right.
  • Beware! Wrong answers score 0 points.
  • 🏆 If you beat one of the top 3 scores, you will be invited to apply for the Hall of Fame.
Scoring System

Cyber Guru (+)
Cyber Hero (+)
Cyber Captain (+)
Cyber Sergeant (+)
Cyber Recruit (+)