What is the meaning of 'inception to date' in the context of cryptocurrencies?
Norman ParsonsDec 19, 2021 · 3 years ago3 answers
Can you explain the meaning of 'inception to date' when it comes to cryptocurrencies? I've come across this term in some discussions and articles, but I'm not entirely sure what it refers to.
3 answers
- Dec 19, 2021 · 3 years agoIn the context of cryptocurrencies, 'inception to date' refers to the period from the creation of a particular cryptocurrency until the present day. It encompasses the entire lifespan of the cryptocurrency, including its launch, subsequent developments, and current status. It is often used to evaluate the performance and progress of a cryptocurrency over time. For example, if someone says that a cryptocurrency has gained 1000% 'inception to date,' it means that its value has increased by 10 times since its creation.
- Dec 19, 2021 · 3 years agoWhen people talk about 'inception to date' in relation to cryptocurrencies, they are essentially referring to the entire history of a cryptocurrency from its inception until the present moment. It includes all the events, milestones, and changes that have occurred during that time. This term is commonly used to assess the growth and performance of a cryptocurrency over its lifespan. It provides a holistic view of how the cryptocurrency has evolved and whether it has been successful or not.
- Dec 19, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, defines 'inception to date' as the period from the launch of a cryptocurrency until the present time. It encompasses all the developments, market fluctuations, and user adoption that have taken place during that period. 'Inception to date' is an important metric for evaluating the overall performance and success of a cryptocurrency. It allows investors and enthusiasts to track the progress of a cryptocurrency from its early stages to its current state, providing valuable insights into its potential future prospects.
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