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2024-08-06 14:07:28

GelatoEconomist on Nostr: WORD OF THE DAY: "HOT POTATO" Hot potato - an asset/money/token/product that is ...

WORD OF THE DAY: "HOT POTATO"

Hot potato - an asset/money/token/product that is flipped/sold/exchanged/spent/passed on
quite quickly/frequently in order to achieve maximum profits in a short period of time & to prevent from depreciation in value over time or a financial loss. People holding a hot potato often have a clear exit strategy.
(If) hot potato eaten = (then) rug pull occured.

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npub14qhjrk9vx078x74qc5hnm8ur0t48tveapv6h75jhpcwl6f444srs7m7tet