How does the LTM acronym relate to cryptocurrency?

3 answers

• PopeyeMay 21, 2023 · 3 years ago
  LTM stands for Long-Term Mining, which refers to the practice of holding onto mined cryptocurrencies for an extended period of time. This strategy is based on the belief that the value of cryptocurrencies will increase over time. By holding onto the mined coins, investors hope to benefit from potential price appreciation in the long run. It is a popular approach among cryptocurrency enthusiasts who believe in the future potential of digital currencies.
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• Naz GullJul 01, 2021 · 5 years ago
  LTM is an acronym for Last Trade Market, which is a term commonly used in the cryptocurrency trading industry. It refers to the last price at which a particular cryptocurrency was traded on a specific market. The LTM price is often used as a reference point for traders and investors to analyze market trends and make informed trading decisions. It provides valuable information about the recent trading activity and sentiment surrounding a particular cryptocurrency.
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• KevinBDec 30, 2022 · 3 years ago
  BYDFi, a digital currency exchange, uses the LTM acronym to refer to its unique feature called 'Liquidity Token Mining.' This feature allows users to earn additional tokens by providing liquidity to the exchange's trading pairs. Users can stake their tokens and earn rewards based on the trading volume generated by their liquidity. The LTM acronym in this context relates to the incentivized mining of liquidity tokens, which aims to enhance the liquidity of the exchange and provide benefits to token holders.
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