Ansem: A well-known influencer in the crypto community who holds significant power in his picks. ( https://x.com/blknoiz06 )
Ape: To buy a lot of something
CA (Contract Address): The unique identifier for a smart contract on a blockchain, used to interact with a specific token or decentralized application. People will usually be like “yo what is the CA” in which you would send them the contract address.
Community Token: Certain memecoins are created to build community and foster engagement among holders. These tokens may offer voting rights, rewards, or governance features, allowing holders to be involved in the project’s decision-making.
Contract Renounced: When the creator of a smart contract relinquishes control over it, making it immutable and unable to be altered by anyone, including the original developer.
CTO (Community Takeover): When the community members of a project take control of its development and direction through social media apps like Twitter, Telegram, and Discord, often after the original team steps back or fails.
Cult: A term for a highly devoted and sometimes fanatical group of supporters around a particular cryptocurrency or memecoin.
Example: Retardio, HarryPotterObamaSonictenInu, Gigachad, Sigma
DexScreener/Birdeye: Tools or platforms used to track and analyze trades, price movements, and liquidity on decentralized exchanges (DEXs).
DYOR: "Do Your Own Research" (DYOR) is a common phrase in crypto that stresses the importance of thoroughly investigating a memecoin before investing. It encourages investors to examine the project’s fundamentals, team, community, and market conditions before making decisions.
FOMO: Fear of Missing Out (FOMO) is the anxiety that drives people to invest in a memecoin due to the fear of missing potential profits. This often results in impulsive buying, spurred by hype and social media trends.
Gas Fees: Transaction fees paid to miners or validators to process and confirm transactions on a blockchain, used on Solana and Ethereum networks.
HODL: HODL, which stands for “Hold On for Dear Life" has become a popular strategy in the crypto world. It means holding onto your memecoins for the long haul, regardless of market ups and downs, instead of panic selling.
HYPE: The easiest app to trade memecoins. Download the HYPE App
Jeeting: Selling a cryptocurrency or memecoin quickly for a small profit, often viewed negatively by those who HODL.
Liquidity Pool: A liquidity pool is a collection of funds secured in a smart contract that enables trading and ensures liquidity for a memecoin. It allows users to trade the coin without depending on traditional exchanges, helping to keep the market stable and efficient.
LP Burnt: Refers to the permanent removal of liquidity pool (LP) tokens from circulation. This action locks the liquidity in the pool forever, ensuring that it cannot be withdrawn, which helps build trust in a project by preventing potential rug pulls.
Market Cap: Market capitalization (market cap) represents the total value of a memecoin’s circulating supply. It’s calculated by multiplying the coin’s current price by the total number of coins in circulation, offering a snapshot of the coin’s overall market value and helping to compare different assets.
Memecoin: A memecoin is a type of cryptocurrency that originates from or is closely linked to internet memes. These coins usually lack serious technology or a real purpose but gain value through their popularity and meme-based branding.
Mogging: Dominating or outperforming others. Simply being better. Connects with the $MOG coin
Moonbag: A stash of cryptocurrency kept after selling off some of it for profit, allowing the holder to still benefit if the coin’s value skyrockets.
Mooning: When a memecoin’s price shoots up rapidly, it’s said to be "mooning." The term is derived from the phrase "to the moon," symbolizing a significant price increase.
Paperhand/Diamond Hand:
Paperhand: Selling a cryptocurrency at the first sign of trouble or loss, sign of a wimp.
Diamond Hand: Holding onto a cryptocurrency no matter the market volatility, believing in long-term gains, real dawgs do this.
Pump and Dump: This refers to a manipulative tactic where certain individuals or groups artificially boost a memecoin’s price through deceptive or exaggerated information. After the price increases, they sell their coins quickly, leading to a sharp price drop and resulting in losses for other investors.
Pump.fun: A website where you can create your own memecoin. (https://pump.fun/board )
Retardio: In latin, it means Return to God. That’s what retardio means forsure.. Also a coin $RETARDIO
Rug Pull: A rug pull happens when the developers or creators of a memecoin suddenly exit the project or sell off their coins, causing the price to plummet. This leaves investors with coins of little to no value, often referred to as "holding the bag."
Searching $TICKER on Twitter: Looking up a specific cryptocurrency by its ticker symbol on Twitter to gauge public sentiment or find the latest news and memes about it.
Shilling: Shilling is the practice of actively promoting a memecoin to boost its value. Promoters often use social media to generate positive buzz and encourage others to invest in the coin.
Volume: The amount of buy and sell $ amount a coin has. High volume means there are either a lot of people trading the coin or a lot of whales buying and selling it. This can be manipulated so watch out, but volume usually is a good indication of interest in a coin.
Wallet: A wallet is a digital tool or device that securely stores your memecoins. It provides a unique address for sending and receiving coins, making the choice of a trustworthy wallet essential for safeguarding your assets.
Whale: In the memecoin space, a whale is someone or an entity that owns a large quantity of a particular coin. Their significant holdings give them the power to influence the market by placing large buy or sell orders.
Wicks/God Candles:
Wicks: The thin lines above and below the body of a candlestick on a price chart, representing the high and low prices within a specific period.
God Candles: Extremely large candlesticks indicating significant price movements, often seen as powerful or dramatic market shifts.