Terminology
Last updated
Last updated
Address - a place where you can send cryptocurrency and from where, in the form of a string of letters and numbers. Example of solana wallet: 9tuRvqUEaxRmqvbCrV8nTVNrGorsfDdPkVGvnR21aHoX
Presale - sale of memcoins before its public offering to specific investors.
Supply - total number of coins
Dev - Short for developer, the person who made the memecoin
Deriv - Derivative of a memecoin, for example dogecoin was very hyped, so similar memecoins started popping up, these memecoins are derivatives of dogecoin
Jeet - Selling everything
CT - Crypto Twitter, essentially the Crypto Twitter Community
Dip - Coin is dipping in price
FUD - Negative propaganda
FOMO - Fear of lost profits
Fade - Deciding not to buy a coin
KOL - key opinion leader and refers to influencers who are highly trusted and well-respected in their community
Burning - Cryptocurrency tokens or coins are considered “burned” when they have been intentionally and permanently withdrawn from circulation and destroyed.
NFA - Not Financial Advice
DYOR - Do Your Own Research
Paper Hands - investors who sell all assets at the first opportunity or bad news
Shilling - act of enthusiasm in promoting a particular project
Honeypot – A scam where users can buy a token but cannot sell it.
Unlocked Liquidity - means that the liquidity pool of a token is not locked in a smart contract, allowing the developers to remove or manipulate it at any time. This is a major risk because if liquidity is pulled, the token becomes untradeable, leading to a complete price collapse (rugpull). Always check if liquidity is locked before investing in a memecoin.
Rugpull – When developers suddenly remove liquidity, making the token worthless. Example:
CTO (Community Takeover) – When the original team abandons a project, and the community takes over its development and promotion.
KOL (Key Opinion Leader) – Influencers who drive narratives and market sentiment.
Liquidity – The amount of available assets in a trading pair to facilitate buying and selling.
Raydium/Meteora/Jupiter – A major decentralized exchange (DEX) on Solana.
Stop Loss & Take Profit – Automated orders to limit losses or secure profits in trading.
Snipers – Bots or traders who buy new tokens at launch for quick profits.
Node – A computer that helps validate transactions on the blockchain. Node maintenance costs thousands of dollars, and rent costs hundreds of dollars per day.
CA (Contract Address) – The unique identifier of a token’s smart contract. Example: 3UtsHQ2W956tht8bnnjRG3p1rNMGt3qqUAVMRVRJpump (last 4 letters are pump, it means that token launched on PumpFun)
MC (Market Cap) – The total value of a cryptocurrency, calculated as price × circulating supply.
Whale/Insider/Influencer – Large holders (whales), people with inside information (insiders), and public figures driving hype (influencers).
PNL (Profit & Loss) – the performance of a trade or portfolio.
Bluechip – A well-established, reputable token with strong community backing. Examples of Bluchips:
Holder – Someone holding tokens.
Copytrade – A strategy where traders replicate the trades of successful wallets.
Migration – in memcoins very popular migration from PumpFun to Radyum. It means that when coin gets 80k MC, it migrates on Raydium and automatilcy shows on every DEX
MEV (Maximal Extractable Value) – The profit that bots or validators extract by prioritizing or reordering transactions.
Slippage – price difference between order placement and execution, caused by market volatility and liquidity. A higher slippage tolerance ensures transactions go through but may result in worse prices, while a lower tolerance can cause failed trades.
Ticker – The short symbol of a token (e.g., $DOGE, $BONK).
Fee (Transaction Fee) – The cost of executing a trade or transfer on the blockchain.