A non-fixed buy/sell tax that permits contract owners to adjust the tax rate at will.
Share this term
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.
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.