What is the meaning of 'ribbit' in Japanese cryptocurrency slang?

3 answers

• Nov 24, 2021 · 3 years ago
  Ribbit is a term used in Japanese cryptocurrency slang to refer to a coin or token that is experiencing a significant increase in value. It is derived from the sound a frog makes, symbolizing the idea of a coin 'jumping' or 'leaping' in price. Traders often use this term to describe a coin that is performing exceptionally well in the market. For example, if someone says 'XYZ coin is ribbiting', it means that the coin's price is rapidly rising and investors are making substantial profits.
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• Nov 24, 2021 · 3 years ago
  In Japanese cryptocurrency slang, 'ribbit' is a playful way to describe a coin that is performing exceptionally well. It's like saying 'to the moon' in English. When a coin is ribbiting, it means its price is skyrocketing and investors are excited about its potential. It's a positive term that reflects the enthusiasm and optimism in the cryptocurrency community. So, if you hear someone saying 'ribbit' in a crypto conversation, it's a good sign that they are talking about a coin that is on the rise.
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• Nov 24, 2021 · 3 years ago
  BYDFi, a popular cryptocurrency exchange, defines 'ribbit' as a term used in Japanese cryptocurrency slang to describe a coin that is experiencing a significant increase in value. It is a playful way to express excitement and optimism about a coin's price movement. When a coin is ribbiting, it means it is performing exceptionally well in the market and investors are making substantial profits. It's a term that reflects the positive sentiment and enthusiasm in the cryptocurrency community. So, if you come across the term 'ribbit' in a crypto discussion, it's a sign that people are talking about a coin that is gaining momentum.
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