🎁 Exclusive offer: Get EXTRA Bits and Celebrate Bybit's 6th Birthday With $2.2M Prize Pool. Act now!
Crypto Terms:  Letter D
Jul 07, 2023 |
updated: Apr 02, 2024

What is Dildo?

Dildo Meaning:
Dildo - a vertical green or red line on a graph that represents crypto price movements.
easy
1 minute

Let's find out Dildo meaning, definition in crypto, what is Dildo, and all other detailed facts.

Even though the term can be used for an entirely different topic, in the context of crypto, dildos are vertical lines (candles) on graphs that showcase the min and max exchange rate of a cryptocurrency in question. These lines can be either red or green.

In other words, dildos essentially show how the price is performing on charts linked to cryptocurrency. In a number of crypto graphs, individuals will see red or green candles spread along every axis. Moreover, these candles represent the variety of prices for a particular asset or the exchange rate during a particular time period.

When the price of a coin rises dramatically, such a line on a candlestick chart soars up to the sky. And that's, essentially, where the name comes from. As funny as it sounds, people associate this phenomenon with a dildo.

If you're curious to see how a dildo looks on a crypto chart, you can take a look at individual price charts of crypto assets on exchanges like Binance or Bybit. Or, you could also check out our BitDegree crypto tracker.