Q31. What is a crypto airdrop?
Correct: Free distribution of tokens
Airdrops promote new projects by giving tokens to holders.
Q32. Which cryptocurrency uses Cardano?
Correct: ADA
ADA is the native token of the Cardano blockchain.
Q33. What is layer 2 in blockchain?
Correct: Solutions built on top of layer 1 for scalability
Layer 2 like Lightning Network improves speed and cost.
Q34. What does FOMO mean in crypto?
Correct: Fear Of Missing Out
FOMO drives impulsive buying during price surges.
Q35. Which is a hardware wallet brand?
Correct: Ledger
Ledger provides offline storage for crypto keys.
Q36. What is tokenomics?
Correct: Economics of a token's supply and demand
Tokenomics studies distribution, utility, and incentives.
Q37. Which crypto is associated with Solana?
Correct: SOL
SOL powers transactions on the high-speed Solana network.
Q38. What is a rug pull?
Correct: Scam where developers abandon project
In rug pulls, liquidity is removed, crashing the token value.
Q39. What does KYC stand for?
Correct: Know Your Customer
KYC is a regulatory process to verify user identities.
Q40. Which is a decentralized exchange?
Correct: Uniswap
Uniswap allows peer-to-peer trading without intermediaries.
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