"Joon’ing" generally refers to the act of selling a large quantity of a particular coin, often all at once. This can happen for a variety of reasons, such as a sudden drop in the value of the coin, a change in market conditions, or a decision by the seller to divest their holdings. When a large quantity of a coin is dumped onto the market, it can cause the price to drop rapidly, leading to a "Jooning" in the value of the coin. This can be a concern for investors, as it can result in significant losses if they are holding a coin that is being Jooned. It is important for investors to carefully consider their risk tolerance and to be aware of potential market risks when investing in cryptocurrency.
by Craft on behalf of Joon January 5, 2023