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nuke

What does nuke mean?

To crash hard and fast. When a chart 'gets nuked', the price collapses steeply in a short span.

"The whole market nuked 15% in an hour after the news broke."

Origin

Crypto trading slang for a violent downside move.

Frequently asked questions

What does nuke mean in crypto?
It means a sharp, violent price crash, where a chart collapses steeply in a very short span of time.
Is nuke the opposite of pump?
Roughly, yes; a pump is a fast rise in price while a nuke is a fast, brutal drop, though 'dump' is the more direct opposite.
How do you use nuke in a sentence?
You might say 'the market nuked 15% in an hour after the news', describing a sudden steep decline in price.
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Slang definitions: FreeDict original editorial.