DYOR abbreviation
UK /ˌdiː.waɪ.əʊˈɑːʳ/ US /ˌdiː.waɪ.oʊˈɑːr/
abbreviation of “do your own research”: a basic principle of the cryptocurrency market, encouraging buyers to research and understand all the risks and benefits of a cryptocurrency deal before they invest in it
As we enter the bull market, keep in mind that “DYOR” isn’t just some disclaimer-like catchphrase – it’s an essential practice that separates savvy crypto users from gamblers. Done correctly, DYOR should help inform crucial crypto decisions, mitigate risks, and maximize opportunities.
[coinmarketcap.com, 18 December 2023]
crypto agility noun [U]
UK /ˌkrɪp.təʊ əˈdʒɪl.ə.ti/ US /ˌkrɪp.toʊ əˈdʒɪl.ə.t̬i/
the ability of an organization to quickly adapt and change the methods it uses to encrypt its data to protect it from cyberattacks
Once a niche concern for IT professionals, crypto agility has evolved into a critical issue that impacts all organizations and employees, from executives to interns … As cyber threats evolve, particularly with quantum computing, crypto agility helps keep your systems secure.
[fastcompany.com, 6 November 2024]
meme coin noun [C]
/ˈmiːm kɔɪn/
a type of cryptocurrency based on an internet meme or other online trend and usually created to be amusing rather than for its value as an investment
Welcome to the $100 billion market for meme coins, crypto’s wildest — and dumbest — moneymaking craze. Nearly 13 million coins have already been created in 2024. The best-known meme coin, Dogecoin — inspired by a Shiba Inu dog — is the sixth-most-valuable cryptocurrency in the world. But it’s not for the faint of heart: Meme coins have no intrinsic value, an incredibly short shelf life, and are even more volatile than bitcoin.
[forbes.com, 13 November 2024]