What is
Explore the colorful and often confusing world of cryptocurrency jargon. From adoption to work, we've got you covered.
Word of the Day
10·x
To achieve tenfold returns on an investment. Also used as a target for exponential growth potential in crypto projects.
"Investors hoped the new token would 10x within a year of its launch."
a·dopt·ion
The process of cryptocurrencies or blockchain technology becoming more widely accepted and used in mainstream applications and society.
"The adoption of Bitcoin by major corporations has significantly increased its mainstream acceptance."
al·pha
Insider or early information about a cryptocurrency project that could lead to profitable trading opportunities.
"Traders with alpha on the upcoming token launch were able to buy in at a lower price."
A data structure containing a batch of validated transactions that is permanently recorded on a blockchain.
"The miner successfully added a new block to the Bitcoin blockchain."
The active process of a token transitioning from its initial distribution phase to being available on a decentralized exchange.
"Investors eagerly waited to bond their tokens on the new decentralized exchange."
An automated program that executes trades or performs other actions in cryptocurrency markets.
"The trader used a bot to automatically buy tokens at the lowest price points."
bot·tom
The lowest price point in a cryptocurrency's downward trend, often used when speculating on whether a price decline has ended.
"Many investors believed the token had hit its bottom and started buying in."
To transfer cryptocurrency assets between different blockchain networks.
"She used a cross-chain protocol to bridge her tokens from Ethereum to Binance Smart Chain."
To develop or create a project, product, or platform within the crypto space, often involving technical development and community engagement.
"The team worked hard to build a decentralized platform that empowers users."
bun·dle
A collection or package of assets or tokens grouped together, typically offered for investment or sale as a single unit.
"The platform offered a bundle of tokens from promising new projects at a discounted price."
To acquire cryptocurrency using fiat currency or other cryptocurrencies.
"He decided to buy Ethereum when its price dipped below $2,000."
cen·tral·ized
Describes a system, exchange, or process controlled by a single authority, where decision-making and operations are managed centrally.
"Many prefer decentralized exchanges over centralized platforms due to security concerns."
Short for Centralized Exchange, a cryptocurrency trading platform operated by a single organization that manages user funds and transactions.
"Binance is a popular CEX where users can trade a wide variety of cryptocurrencies."
Short for blockchain, a decentralized ledger that records transactions across a distributed network of computers.
"The chain’s immutability ensures that transactions cannot be altered once recorded."
A visual representation of price movements and trading activity over time.
"The trader analyzed the chart to identify potential support and resistance levels."
A cryptocurrency that typically operates on its own blockchain, serving as a medium of exchange, store of value, or unit of account.
"Bitcoin is the first and most well-known coin in the cryptocurrency space."
cold·wal·let
A cryptocurrency storage method where private keys are kept offline for enhanced security against hacking attempts.
"For maximum security, he stored his Bitcoin in a cold-wallet disconnected from the internet."
Short for 'communications'. Often used in crypto communities to request project updates or news from the development team.
"The community demanded better comms from the team after weeks of silence."
The act of convincing oneself that a failing investment will eventually turn around. Often used to describe irrational justifications for holding onto losing positions.
"Despite the token’s 90% drop, he continued to cope by insisting it would recover soon."
cop·y·trad·ing
The practice of automatically replicating the trades of experienced or successful traders through dedicated platforms or services.
"New traders used copy-trading to follow the moves of top crypto investors."
A sudden and severe drop in price, more dramatic than a dip or correction. Often accompanied by panic selling.
"The market experienced a crash, wiping out billions in value within hours."
cross·chain
Describes protocols or operations that enable the transfer of assets or data between different blockchain networks to enhance interoperability.
"The cross-chain bridge allowed users to transfer tokens between Ethereum and Solana."
C·T
Crypto Twitter. The community of cryptocurrency enthusiasts, traders, and influencers on Twitter who discuss crypto-related topics.
"CT was buzzing with speculation about the upcoming Bitcoin halving event."
C·T·O
Stands for Community Takeover, referring to scenarios where a decentralized community assumes control or direction of a project in the absence of strong centralized leadership.
"After the developers abandoned the project, a CTO revitalized it under community leadership."
de·cen·tral·ized
Refers to systems or networks where control and decision-making are distributed across multiple participants, reducing reliance on a single authority.
"Bitcoin is a decentralized currency, free from government or bank control."
de·peg
When a stablecoin loses its 1:1 parity with the underlying asset (typically USD), trading significantly above or below its intended peg.
"The stablecoin experienced a depeg, causing panic among holders as its value dropped."
Short for developer. Refers to the programmers and technical team members working on a cryptocurrency project.
"The dev team promised to release a major update to improve the blockchain’s scalability."
Abbreviation for Decentralized Exchange, a platform that facilitates peer-to-peer cryptocurrency trading without a central authority.
"Uniswap is a leading DEX that allows users to trade tokens directly from their wallets."
do·main
A web address associated with a cryptocurrency project or platform.
"Always check the domain of a crypto project to ensure it’s not a phishing scam."
Indicates that an individual's personal or private information has been publicly exposed, often through investigative or malicious actions.
"The anonymous developer was doxxed, revealing their true identity to the community."
D·Y·O·R
Do Your Own Research. A common phrase encouraging investors to investigate and understand a project before investing.
"Before investing in the new token, he reminded himself to DYOR to avoid potential scams."
ex·tract
The process of converting or redeeming value from a digital token, typically through exchanges, smart contracts, or decentralized applications.
"She used a decentralized app to extract profits from her staked tokens."
The cost associated with making transactions or interacting with smart contracts on a blockchain network.
"High Ethereum gas fees made it expensive to execute transactions during the network congestion."
To overwhelm a chat or social media platform with messages about a particular cryptocurrency.
"Shillers flooded the Telegram group with messages hyping up the new token."
FO·MO
Fear Of Missing Out. The anxiety that an investor might miss out on a potentially profitable investment opportunity.
"FOMO drove many investors to buy the token at its peak, only to see it crash later."
foun·da·tion
An organization that oversees the development and promotion of a cryptocurrency project.
"The Ethereum Foundation plays a crucial role in funding and guiding the blockchain’s development."
gen·wealth
Short for generational wealth, referring to the long-term accumulation of wealth that can be passed down through generations, often through smart investments.
"Investing early in Bitcoin helped him build gen-wealth for his family’s future."
gen·er·a·tion·al
Relating to or affecting several generations. When used in the context of generational wealth, it refers to wealth substantial enough to benefit not only the current generation but also future generations, creating long-lasting financial stability or legacy.
"Investing wisely in cryptocurrencies could lead to generational wealth for his family."
git·hub
A web-based platform for version control and collaborative software development, widely used by crypto projects to host and share open-source code.
"The project’s code was publicly available on GitHub, allowing developers to audit it."
G·M
Originally meaning 'good morning', evolved to also mean 'Gonna Make it'. Used as both a greeting and an expression of confidence.
"He started his day with a cheerful 'GM' on Crypto Twitter, expressing optimism about the market."
Refers to a system or account that has been compromised by unauthorized access, leading to security breaches or loss of funds.
"The exchange was hacked, resulting in the loss of millions of dollars in user funds."
hot·wal·let
A cryptocurrency wallet connected to the internet, enabling convenient but less secure access to digital assets.
"She used a hot-wallet for daily transactions but kept most of her funds offline."
house·mon·ey
Funds viewed as less risky because they originate from trading profits rather than the investor's original capital.
"After doubling his investment, he traded with house-money, reducing his risk."
K·Y·C
Acronym for 'Know Your Customer'; identity verification procedures used by financial institutions to prevent fraud.
"The exchange required KYC verification before allowing users to withdraw funds."
Live Action Role Playing. Refers to individuals or projects pretending to be something they're not.
"The team was accused of LARPing as experienced developers to attract investors."
lay·er
Refers to different levels of blockchain architecture, such as Layer 1 (base chains) and Layer 2 (scaling solutions).
"Ethereum’s Layer 2 solutions help reduce transaction costs and improve scalability."
liq·ui·date
To forcibly close a leveraged trading position due to insufficient funds.
"His leveraged position was liquidated when the market turned against him."
To restrict access to tokens for a specific period, often used in vesting schedules.
"The team decided to lock their tokens for a year to build investor confidence."
The backstory, history, or accumulated knowledge about a particular cryptocurrency project.
"The project’s lore, filled with memes and community stories, attracted a loyal following."
L·P
Liquidity Pool. A collection of funds locked in a smart contract that enables trading on decentralized exchanges.
"She added her tokens to the LP to earn rewards from trading fees."
mar·ket
The overall cryptocurrency trading environment or a specific trading pair.
"The crypto market experienced a surge in volatility due to regulatory news."
meme·coin
A cryptocurrency that gains popularity primarily through internet memes and community hype rather than through technological innovation or utility.
"Dogecoin, the original memecoin, surged in value after viral social media campaigns."
Short for 'mediocre'. Used to describe a cryptocurrency or project that is considered average or unremarkable.
"The project’s features were deemed mid, failing to stand out in a crowded market."
mi·grate
The process of moving tokens or contracts from one blockchain or platform to another.
"The project announced plans to migrate its tokens to a faster blockchain network."
mix·er
A service that obscures the origin of cryptocurrency transactions by combining multiple transactions together.
"He used a mixer to enhance the privacy of his Bitcoin transactions."
mul·ti·sig
Short for multi-signature; a security protocol requiring multiple cryptographic signatures to authorize a blockchain transaction.
"The project implemented a multi-sig wallet to enhance security for its treasury funds."
N·F·T
Non-Fungible Token. A unique digital asset on a blockchain, representing ownership of a specific item, often used for art, collectibles, or virtual goods.
"She bought an NFT of a rare digital artwork, hoping its value would increase over time."
nor·mie
A slang term for someone who is not deeply involved in crypto culture, often considered mainstream and lacking insider knowledge.
"The normie investor bought Bitcoin at its peak, unaware of market cycles."
Slang for profit, representing the earnings or gains achieved through trading or investments.
"After selling his tokens, he celebrated the P he made on the trade."
When an investment provides good returns or 'pays out' well.
"Her investment in the new token finally paid off with a 300% return."
A cryptocurrency chosen for investment, often based on analysis or recommendation.
"Ethereum was his top pick for long-term investment due to its strong fundamentals."
P·N·L
Profit and Loss. The financial performance of a trade or investment over a specific period.
"His PNL improved significantly after selling his tokens at the market peak."
Short for portfolio. The collection of cryptocurrency investments held by an individual.
"She diversified her port by adding several promising altcoins."
When a cryptocurrency investment is generating significant profits consistently.
"His investment in the memecoin was printing money as the price soared."
pri·vate·key
A secret cryptographic code that allows access to specific blockchain assets and must be kept secure by the owner.
"Losing your private-key means losing access to your cryptocurrency forever."
pub·lic·key
A cryptographic code paired with a private-key, publicly shared to receive cryptocurrency transactions.
"He shared his public-key to receive Ethereum donations for his project."
A rapid increase in price, often due to coordinated buying or positive news.
"The token pumped 200% after being listed on a major exchange."
P·V·P
Refers to competitive interactions among insiders in the crypto community, where experienced traders or stakeholders vie against one another.
"The PVP environment among crypto whales can lead to intense market manipulation."
re·vive
When a seemingly dead project shows signs of life and renewed activity.
"The project was revived by a new team of developers who brought fresh ideas."
Describes aggressive price movement, either upward or downward.
"The token ripped upward after a major partnership announcement."
rug·pull
To abruptly withdraw liquidity or abandon a project, effectively scamming investors by leaving them with valueless tokens.
"The developers rug-pulled the project, disappearing with millions in investor funds."
A sustained period of price increase or positive momentum.
"The token enjoyed a strong run, gaining 500% over two months."
To exchange cryptocurrency for fiat currency or other cryptocurrencies.
"She decided to sell her Bitcoin holdings to lock in profits before a potential dip."
To promote a cryptocurrency project, often aggressively or with bias.
"The influencer was accused of shilling a low-quality token for personal gain."
shit·coin
A derogatory term for cryptocurrencies perceived to have little to no value or purpose.
"Many dismissed the new token as just another shitcoin with no real utility."
To bet against an asset by borrowing and selling it, hoping to repurchase later at a lower price and profit from the difference.
"He decided to short Bitcoin during its peak, expecting a correction."
The cryptographic process of authorizing a blockchain transaction using a private key to create a digital signature.
"She had to sign the transaction with her private key to transfer the tokens."
sig·nal
An indicator suggesting a potential trading opportunity.
"The moving average crossover was a strong signal to buy the token."
When a cryptocurrency's price drops significantly.
"The token began to sink after negative news about the project surfaced."
To miss or ignore a potentially profitable opportunity.
"He slept on the token’s presale and missed out on massive gains."
slip·page
The difference between expected and actual price execution in a trade.
"High slippage during the token launch caused traders to pay more than expected."
Describing gradual price movement or network transaction speeds.
"The slow transaction speeds on the network frustrated users during peak times."
smart·con·tract
Self-executing code deployed on a blockchain that automatically enforces agreement terms when predetermined conditions are met.
"The decentralized app uses a smart-contract to automatically distribute rewards to users."
sta·ble
To convert volatile crypto assets into stablecoins to secure profits or reduce risk.
"She decided to stable her portfolio by converting her gains into USDT."
strat·e·gy
A planned approach to cryptocurrency trading or investing.
"Her strategy of buying during dips and holding long-term paid off handsomely."
sup·ply
The total number of tokens or coins available or in circulation.
"The token’s limited supply contributed to its rapid price increase."
sup·port
A price level where buying pressure typically prevents further price decline.
"The token found support at $1, preventing it from falling further."
Short for 'suspicious'. Used to describe potentially fraudulent or questionable behavior.
"The project’s anonymous team and lack of transparency were considered sus by investors."
To realize profits by selling a cryptocurrency position.
"He decided to take profits after the token doubled in value."
tel·e·gram
A messaging platform widely used in the crypto community.
"The project’s Telegram group was buzzing with excitement about the upcoming launch."
T·G
Short for Telegram, a messaging app used in the crypto community.
"Join the project’s TG to stay updated on the latest announcements."
to·ken
A unit of cryptocurrency, typically built on an existing blockchain.
"The new token was launched on the Ethereum blockchain to fund the project."
The highest price point in a cryptocurrency's upward trend.
"Traders tried to predict the top of the bull run to sell at the peak."
T·P·S
Transactions Per Second, a measure of blockchain network speed.
"The new blockchain boasted a TPS rate of 10,000, far surpassing its competitors."
track·er
A tool for monitoring cryptocurrency prices, portfolios, or transactions.
"She used a portfolio tracker to monitor the performance of her crypto investments."
TRAD·FI
An abbreviation for Traditional Finance, denoting conventional financial systems and institutions as contrasted with decentralized or crypto-based alternatives.
"Many crypto enthusiasts aim to disrupt TRADFI with decentralized finance solutions."
twit·ter
A social media platform crucial for cryptocurrency news and discussion.
"Crypto Twitter was abuzz with news of the latest token launch."
V·C
Voice communications or Venture Capital, depending on context.
"The project secured funding from a prominent VC firm to fuel its development."
vol·ume
The total amount of a cryptocurrency traded within a specific time frame.
"The token’s trading volume spiked after a major exchange listing."
WAG·MI
We're All Gonna Make It. An expression of optimism in crypto markets.
"Despite the market dip, the community cheered 'WAGMI' to boost morale."
wal·let
A software or hardware tool for storing and managing cryptocurrencies.
"He transferred his tokens to a cold wallet for added security."
An individual or entity holding a large amount of a particular cryptocurrency.
"A whale moved 10,000 Bitcoin, causing speculation about market manipulation."
To actively contribute to or promote projects one has invested in.
"He worked tirelessly to promote the project on social media to boost its visibility."