An ask price is the flip side of a bid price. It's the lowest price a seller is willing to accept for a particular coin or token. So if you're looking to buy some crypto, you'll want to look for the lowest ask price to get the best deal.
The ask price is constantly changing based on market demand and supply. When more people are looking to buy than sell, the ask price will go up. When more people are looking to sell than buy, the ask price will go down.
Example
"The ask price for Bitcoin is $50,000 right now, but I'm gonna wait and see if it drops a bit before I buy."
"I just put in a limit order to buy Ethereum at the ask price. Fingers crossed it gets filled soon!"
noun | ask prahys
The lowest price some greedy bastard is willing to sell their shitcoins or stonks for. It's like a game of financial chicken - who will blink first, the buyer or the seller? In a bull market, the ask price is just a suggestion. In a bear market, it's a cruel taunt.
Example
"Should I hit the ask price on this rare Pepe NFT, or do you think I can lowball the seller?"
"The ask price for Bitcoin just shot up to $100K. Looks like the HODL gang is feeling extra froggy today."
