Sentences with phrase «joke coin»
The phrase "joke coin" refers to a type of cryptocurrency that is not meant to be taken seriously. It is created as a humorous or ironic form of virtual currency, rather than a legitimate investment or means of exchange. Its value and purpose are often not backed by any tangible or substantial factors. Full definition
And it isn't the only joke coin ICO this year to attract real money.
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That's a big problem, especially if the ICO is anything like the numerous American joke coins that always intended to just make off with foolish investors» cash.
Initially introduced as a «joke coin» by programmer Billy Markus, it has become, as many say, one of the best cryptocurrencies on the market with its low fees, fast transactions and stable inflation rate.
This joke coin surely seized with being a joke as it is one of the most stabile cryptocurrencies that is collecting even more interest than Bitcoin in the current days; and even though the revolution and dizzy increase of Bitcoin stopped, DogeCoin seemed to keep going!
But what's behind the scenes anyways and how come this joke coin managed to reach such proportions when it comes to value increase?
Sure, there are more than a few «joke coins» out there (for instance, Jesus Coin and Useless Ethereum Token).
That's a really impressive feat for something tagged as a joke coin.
The coin is a sort of self - proclaimed «joke coin» which has gained a lot of popularity.