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Utility Token

A token purchased with the expectation that it would offer the buyers certain privileges to consumer products.

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Burn

Burning refers to the process of permanently removing a cryptocurrency coin or token from circulation, effectively making it unusable. This is typically achieved by sending the tokens to a specialised wallet address, known as a "burn address," which is designed to be inaccessible.

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Bullish

The term bullish refers to a positive market sentiment where investors or traders anticipate a price increase for a cryptocurrency or other asset. When a cryptocurrency is described as bullish, it indicates widespread optimism and confidence that its value will rise, often based on favourable market trends, news, or technical indicators.

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