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What does 'swept the floor' signify in the cryptocurrency industry?

avatarNurel KenjegulovDec 26, 2021 · 3 years ago3 answers

In the cryptocurrency industry, what does the phrase 'swept the floor' mean?

What does 'swept the floor' signify in the cryptocurrency industry?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When someone says that a cryptocurrency has 'swept the floor' in the industry, it means that the cryptocurrency has gained significant popularity and dominance. It has surpassed its competitors and become the leading choice for investors and traders. This can be due to various factors such as its technology, market performance, community support, and overall reputation. 'Sweeping the floor' signifies that the cryptocurrency has established itself as a frontrunner in the industry and is considered a strong contender for investment.
  • avatarDec 26, 2021 · 3 years ago
    Ah, 'swept the floor' in the cryptocurrency industry is like being the prom king or queen. It means that a particular cryptocurrency has become the talk of the town and everyone wants a piece of it. It's like the cool kid in school who everyone wants to be friends with. So, when a cryptocurrency 'sweeps the floor', it means that it has gained massive popularity and is considered the top choice among investors and traders. It's like the Beyoncé of cryptocurrencies, if you will.
  • avatarDec 26, 2021 · 3 years ago
    When a cryptocurrency 'sweeps the floor' in the industry, it means that it has achieved a significant milestone or accomplishment that sets it apart from its competitors. It could be a breakthrough technology, a successful partnership, a major adoption by institutions, or a remarkable increase in market value. 'Sweeping the floor' signifies that the cryptocurrency has outperformed others and has become a dominant force in the industry. It's like winning the gold medal in the Olympics of cryptocurrencies.