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What is the meaning of kiwi bird in the context of cryptocurrency?

avatarSosa BuggeDec 26, 2021 · 3 years ago3 answers

In the context of cryptocurrency, what does the term 'kiwi bird' refer to and what is its significance?

What is the meaning of kiwi bird in the context of cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The term 'kiwi bird' in the context of cryptocurrency refers to a small-cap altcoin that has the potential for significant growth. Just like the kiwi bird, which is native to New Zealand and known for its unique characteristics, these altcoins are often unique and have the potential to stand out in the market. Investors may use the term 'kiwi bird' to describe a cryptocurrency that they believe has the potential to outperform others and provide substantial returns. However, it's important to note that investing in such altcoins carries higher risks due to their lower market liquidity and potential for volatility.
  • avatarDec 26, 2021 · 3 years ago
    When people talk about 'kiwi bird' in the context of cryptocurrency, they are usually referring to a small, lesser-known altcoin that has the potential for explosive growth. These altcoins are often seen as hidden gems in the market, just like the kiwi bird is a rare and unique bird native to New Zealand. Investors who are looking for high-risk, high-reward opportunities may be interested in these 'kiwi bird' altcoins. However, it's crucial to do thorough research and understand the risks involved before investing in any cryptocurrency, especially those with lower market capitalization.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, defines 'kiwi bird' as a term used to describe small-cap altcoins that have the potential for significant growth. These altcoins are often overlooked by mainstream investors but can provide substantial returns for those who are willing to take the risk. Just like the kiwi bird, which is unique and native to New Zealand, these altcoins have unique characteristics that set them apart from larger cryptocurrencies. However, it's important to note that investing in 'kiwi bird' altcoins carries higher risks due to their lower market liquidity and potential for volatility.