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.
6 answers
EclipseChaser
Fri Nov 15 2024
Shill or shilling represents a term used within the cryptocurrency community.
KatanaGlory
Fri Nov 15 2024
By increasing awareness, shills aim to boost the demand for the digital asset.
Valentina
Fri Nov 15 2024
It refers to promoting bitcoin or an altcoin for personal gain.
KimonoGlitter
Fri Nov 15 2024
A rise in demand can subsequently lead to an increase in the price of the cryptocurrency.
Silvia
Fri Nov 15 2024
Individuals engaged in this activity are often referred to as shills.