REKTcoin price today, REKT to USD live, marketcap and chart - Join The Lights

Over the last day, REKT has had 0% transparent volume and has been trading on 1 active markets with its highest volume trading pairs being . This is a community-led investigation by rekt.news readers. DAO Maker, after getting rekt for $7M and then $4M last year, proposed a compensation plan to the affected users. Desperate times call for desperate measures, such as propagandaposting from the European Central Bank Twitter account. The total dollar value of all transactions for this asset over the past 24 hours. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.

Available supply or circulating supply is the best approximation of coins or tokens in circulation and publicly available. A Token is a digital asset that operates on a parent blockchain or on another digital asset’s blockchain because it doesn’t have a blockchain of its own. The term “token” also tends to describe almost all other cryptocurrencies other than Bitcoin and Ethereum, the two largest cryptocurrencies in existence today. Originally the term was used in the gaming community to refer to a player who had been embarrassingly or easily defeated in a game. The Rekt price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.

When an asset loses a huge margin of its value or a market slides down significantly, the asset or market is said to be ‘rekt.’ For example, Sylvia trades on margin. Suddenly, the market crashes, and due to a steep fall in prices of the assets owned by Sylvia, she bears huge losses. Sylvia has to liquidate her assets, and we can say that Sylvia has got ‘rekt’. The slang may also describe an asset that lost too much of its value or a market that dropped significantly (e.g., “this coin is rekt,” or “the market is rekt”). Taking another example, imagine that Bob made a heavy investment on a cryptocurrency token through an ICO. But when the token finally hit the market, they were trading at a much lower price than Bob paid during the ICO crowd sale.

Beincrypto.com needs to review the security of your connection before proceeding. The more actions you have completed, the more tokens you are eligible for. Please note that we haven’t finalized the exact weights for each category. Weights are being tuned to ensure fair distributions for the network. We will be releasing our reproducible process as part of maximizing the integrity of the Rektdrop and to share a guide for the community. A hot wallet is a crypto wallet that secures crypto private keys within an interface that is connected to the internet.

But, the oldest use of the slang is perhaps the one originally found in British English, where rekt was used when referring to a person that got too drunk or messed up. To check Rekt’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

In such a scenario, we may say that the token got rekt, which resulted in Bob and all bagholders getting rekt as well. In the world of blockchain and cryptocurrencies, rekt is used to describe a severe financial loss, caused by a bad trade or investment. To illustrate, let’s suppose Alice is trading on margin and opens a big leveraged long position. If the market goes down and she gets liquidated, we may say “Alice got rekt.” So, rekt is often used to describe someone that got liquidated after losing a high-leveraged trade.

In the world of cryptocurrencies, it is taken to mean total or significant financial loss. The Rektdrop eligibility requirements have been designed to reward active users of the Cosmos and Ethereum ecosystems, but also make up for the year of the rekt. We have also outlined distributions to key organizations and individuals who have been critical to the development of Evmos, since they sacrificed time watching the markets to help move the space forward.

Rekt also describes crypto assets themselves, those that have suffered huge drops in value. Our gain and loss percentage calculator quickly tells you the percentage of your account balance where can i buy huh token that you have won or lost. As we get closer to mainnet, we will release more details and tools for the Rektdrop to make it possible for you to look up how much you are entitled to.