Terminology in the Crypto World

  • Ape / Bid / Gamble: To buy a token.
  • Bearish / Bear: A feeling of negativity towards the market or a specific token.
  • BE (Break Even): The point at which you sell your tokens to avoid any further risk. Often recommended to set your Take Profit (TP) at 100% and sell 50% of your tokens to achieve a break-even position, ensuring no further losses.
  • Bonding Curve: A percentage indicating how close a token is to migrating to Raydium.
  • Bot: An automated tool designed to assist with trading, making it faster and easier than manual trading.
  • Bubble Map: A visual representation showing the distribution of tokens among holders.
  • Bullish / Bull: A feeling of positivity towards the market or a specific token.
  • Bundled: Refers to the situation where most of a token's supply is concentrated in wallets linked to the development team. The distribution may appear clean, but a Bubble Map often reveals interconnected wallets controlled by the dev.
  • DAO (Decentralized Autonomous Organization): A group or community that makes decisions collectively based on its members' votes. For example, MakerDAO, which governs the DAI token.
  • dApp (Decentralized Application): An application that operates on a decentralized network.
  • DCA (Dollar Cost Averaging): A strategy where investors buy more tokens at a lower price than their previous purchase to reduce the average entry price.
  • DeFi (Decentralized Finance): Financial systems that operate without centralized intermediaries. Trading shitcoins falls under DeFi as it involves direct swapping of tokens.
  • Dev (Developer): The creator or developer of a token.
  • Distro (Distribution): The allocation of tokens among different holders.
  • Dump: A rapid decline in a token's value, usually caused by mass selling.
  • DYOR (Do Your Own Research): A reminder to conduct your own research before investing.
  • Farming / Farm: A tactic where a developer launches many coins, accumulates most of the supply, and then sells off (dumps) their holdings.
  • HP/Honeypot: A token that, due to the developer's code, cannot be sold after purchase.
  • Jeet: Selling a token quickly for a small profit; often viewed negatively.
  • MC (Market Cap): The total market value of a token.
  • Memecoin: A type of shitcoin based on a meme, often with a high potential for rapid value increase (pumping). For example, PEPE is a memecoin that reached a $1 billion market cap.
  • MEV Bot: Bots that execute sandwich attacks when high slippage is detected. They front-run transactions using very high fees and then sell immediately for small profits. If you got "MEV'd," it means you were exploited by these bots.
  • Pay Dex: Paying for a Dexscreener update, which is considered bullish because it shows someone is willing to spend around 300 USDC to update a token's data.
  • Phantom: A Solana wallet for storing tokens.
  • PnL (Profit and Loss): Indicates the profit or loss from a trade.
  • Pump: A rapid increase in a token's value, often driven by a sudden influx of trading volume.
  • RAYD (Raydium): Indicates that a token has reached Raydium after completing the bonding curve.
  • Rug: When a developer withdraws all liquidity, rendering the token worthless.
  • Shitcoin: A token typically launched by unknown individuals, often with low market cap and liquidity. Most tokens on PumpFun are considered shitcoins.
  • Slippage: The acceptable percentage loss on a transaction. Higher slippage means a transaction is more likely to go through but may result in receiving fewer tokens due to volatility.
  • SL (Stop Loss): A predefined point to sell all your tokens at a loss.
  • SOL: Refers to Solana, a blockchain platform.
  • Ticker: The abbreviated name of a token, such as BTC for Bitcoin or SOL for Solana.
  • Topblast: Buying a token at its peak value, often resulting in losses.
  • TP (Take Profit): A predetermined point to sell all your tokens for a profit.
  • TX (Transaction): A transaction conducted on a blockchain.
  • WAGMI (We Are Gonna Make It): A bullish phrase expressing optimism.
  • Whale: A very wealthy individual in the crypto space.