Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
What is Dead Cat Bounce in Crypto?
A dead cat bounce, in the context of cryptocurrency, is a sudden and short-lived increase in the price of a digital asset that is followed by a sharp and sustained decline. This phenomenon is often attributed to market manipulation, as it can be used to artificially inflate the price of a digital asset before selling it off at a higher price.
While there is no definitive evidence that dead cat bounces are always the result of market manipulation, they are often viewed with suspicion by the cryptocurrency community. As such, investors should be cautious when considering investing in digital assets that have experienced a dead cat bounce.