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logonaut.eth 🎩🍖↑🔄
@logonaut.eth
coining a new meaning ... coincide verb | \ ˈkȯin-ˌsīd \ Finance / Cryptocurrency ⸻ Definition: To experience a sudden and irreversible collapse in value, particularly with reference to a cryptocurrency or digital token that becomes effectively worthless due to market dynamics, fraud, technical failure, or abandonment. ⸻ Etymology: Derived from coin (n., “a unit of cryptocurrency or digital value”) and -cide (from Latin caedere, “to kill”); literally, “the death of a coin.” ⸻ Usage in context: • “The token coincided after the protocol exploit drained all liquidity.” • “Investors were cautioned that low-volume assets could coincide without warning.” • “Several projects coincided in Q3 amid tighter regulatory scrutiny and developer exits.” ⸻ Grammatical forms: • coincides, coincided, coinciding • coincide may also be used as a noun in technical contexts: “The coincide of $TOKEN prompted a broader market reassessment.”
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