Cryptocurrency Q&A What is a Shil in crypto?

What is a Shil in crypto?

amelia_doe_explorer amelia_doe_explorer Thu Nov 14 2024 | 6 answers 1048
I'm trying to understand the term 'Shil' in the context of cryptocurrency. I've heard it being used but I'm not sure what it means or represents in this domain. What is a Shil in crypto?

6 answers

EclipseChaser EclipseChaser Fri Nov 15 2024
Shill or shilling represents a term used within the cryptocurrency community.

Was this helpful?

233
81
KatanaGlory KatanaGlory Fri Nov 15 2024
By increasing awareness, shills aim to boost the demand for the digital asset.

Was this helpful?

294
94
Valentina Valentina Fri Nov 15 2024
It refers to promoting bitcoin or an altcoin for personal gain.

Was this helpful?

187
73
KimonoGlitter KimonoGlitter Fri Nov 15 2024
A rise in demand can subsequently lead to an increase in the price of the cryptocurrency.

Was this helpful?

68
70
Silvia Silvia Fri Nov 15 2024
Individuals engaged in this activity are often referred to as shills.

Was this helpful?

104
85
Load 5 more related questions

Related questions

  1. What is a Shil in crypto?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts