Wrapped Token
A wrapped token is a digital asset representing another cryptocurrency on a different blockchain, enhancing interoperability, liquidity, and transaction efficiency.
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A wrapped token is a digital asset representing another cryptocurrency on a different blockchain, enhancing interoperability, liquidity, and transaction efficiency.
A liquidity crisis in cryptocurrency occurs when there is a severe shortage of liquid assets, impacting prices, investor confidence, and market stability.
Liquidity in cryptocurrency refers to how easily an asset can be bought or sold without affecting its price, ensuring market efficiency and price stability.