crypto dictionary

Welcome to the ultimate crypto slang dictionary! Whether you’re chasing 1000x moonshots or avoiding rug pulls, this guide decodes the jargon, exposes scams, and levels up your trading game. 🚀

crypto slang dictionary

Crypto Lingo Guide

Basic Crypto Lingo

HODL

Meaning: Mistyped “hold,” now slang for holding assets long-term.

Example: “HODL Bitcoin through the dip—it always bounces back!”

FOMO (Fear of Missing Out)

Meaning: Panic-buying due to hype. Often leads to buying tops.

Red Flag: FOMOing into a +300% pump usually ends in tears.

Whale

Meaning: Holder of massive crypto amounts; can manipulate markets.

Example: “Whales dumped ETH, crashing the price 20%.”

Shill

Meaning: Aggressively promoting a coin (often for personal gain).

Tip: If an influencer shills a coin with “guaranteed 100x,” DYOR.

Rekt

Meaning: Wiped out by bad trades.

Example: “Got rekt shorting Dogecoin—never bet against Elon.”

DYOR (Do Your Own Research)

Meaning: Don’t blindly trust others; verify claims yourself.

Pro Tip: DYOR includes checking contracts, dev teams, and liquidity.

NGMI (Not Gonna Make It)

Meaning: Mocking poor decisions (e.g., panic-selling).

Example: “Sold SOL at $20? NGMI, fam.”

WAGMI (We All Gonna Make It)

Meaning: Optimistic rallying cry for the crypto community.

Use Case: Posting “WAGMI” after a brutal market crash.

GM/GN (Good Morning/Good Night)

Meaning: Greetings in crypto Twitter (CT) circles.

Example: “GM degens! Ready to ape into some alts?”

ATH (All-Time High)

Meaning: Peak price of an asset.

Example: “Bitcoin hit a $73K ATH—time to take profits?”

Trading & Market Terms

Bull Market

Meaning: Rising prices, euphoric sentiment.

Strategy: “Buy dips, stack alts, and ride the bull.”

Bear Market

Meaning: Prolonged price declines.

Survival Tip: “DCA into BTC and avoid leverage in bears.”

Stop-Loss

Meaning: Automatic sell order to limit losses.

Example: “Set a 10% stop-loss to avoid getting rekt.”

Limit Order

Meaning: Buy/sell at a specific price.

Pro Tip: “Use limit orders to snipe entries during volatility.”

Slippage

Meaning: Price difference between order and execution.

Red Flag: High slippage = low liquidity (avoid!).

Arbitrage

Meaning: Profiting from price differences across exchanges.

Example: “Buy SOL on Coinbase, sell on Binance for 2% profit.”

Leverage

Meaning: Borrowed funds to amplify trades (high risk!).

Warning: “10x leverage can liquidate you in minutes.”

Shorting

Meaning: Betting on price drops.

Example: “Shorted PEPE after the influencer dump—easy 30% gain.”

Resistance/Support

Meaning: Price levels where assets struggle to rise (resistance) or fall (support).

Chart Tip: “BTC bounced off $60K support—bullish signal.”

Candlestick

Meaning: Chart showing price action (open, close, highs, lows).

Pattern: “Green candle = bullish, red candle = bearish.”

Memecoin Culture

Shitcoin

Meaning: Low-value, high-risk coin (often memecoins).

Example: “Aped $100 into a shitcoin—either 100x or $0.”

Degen (Degenerate)

Meaning: High-risk trader chasing moonshots.

Motto: “YOLO into low MC coins and pray.”

Wen Lambo?

Meaning: Joke about getting rich enough to buy a Lamborghini.

Response: “After the next bull run, WAGMI!”

To the Moon

Meaning: Rapid price surge.

Example: “DOGE to the moon! Elon tweeted again.”

Pumpamentals

Meaning: Hype-driven price pumps (no real fundamentals).

Red Flag: “This coin’s only pumpamental is a TikTok trend.”

Scams & Red Flags

Dusting Attack

Meaning: Sending tiny amounts of crypto to track wallets.

Defense: Ignore suspicious airdrops; don’t interact.

Exit Scam

Meaning: Devs abandon project and disappear with funds.

Red Flag: Anonymous team + unlocked liquidity = avoid.

Fake Volume

Meaning: Wash trading to inflate exchange volume.

Tip: Use CoinGecko’s “Trust Score” to spot fake volume.

Phishing

Meaning: Scammers impersonate telegrams to steal keys.

Defense: Watch what you click; never click pump.fun/telegram links.

SIM Swap

Meaning: Hijacking phone numbers to bypass 2FA.

Protect: Use hardware wallets and Google Authenticator.

DeFi & Blockchain Tech

Smart Contract

Meaning: Self-executing code on blockchains like Ethereum.

Example: “Uniswap uses smart contracts for decentralized trading.”

APY (Annual Percentage Yield)

Meaning: Returns from staking or liquidity pools.

Risk: High APY often = high risk (e.g., depegging).

Impermanent Loss

Meaning: Loss from providing liquidity in volatile pools.

Example: “Lost 20% on my ETH/ALT pool due to IL.”

Oracle

Meaning: Tool feeding real-world data to blockchains.

Use Case: “Chainlink oracles power DeFi price feeds.”

Layer 2

Meaning: Scaling solution built on top of a blockchain (e.g., Polygon).

Benefit: “Layer 2s like Arbitrum cut Ethereum gas fees by 90%.”

NFT Jargon

Minting

Meaning: Creating an NFT on the blockchain.

Example: “Minted a Bored Ape for 0.08 ETH—now worth 100 ETH!”

Floor Price

Meaning: Lowest price for an NFT in a collection.

Strategy: “Buy the floor, sell the hype.”

Blue Chip NFT

Meaning: High-value, established project (e.g., CryptoPunks).

Example: “Blue chips like Pudgy Penguins survive bear markets.”

Gas War

Meaning: Competing to mint NFTs during high demand.

Result: “Spent $500 in gas fees and missed the mint—NGMI.”

Royalties

Meaning: Fees paid to creators on secondary sales.

Controversy: “OpenSea slashed royalties—artists are furious.”

Social Media & Community

CT (Crypto Twitter)

Meaning: Crypto-focused community on Twitter/X.

Culture: “CT is 50% alpha, 50% memes, 100% chaos.”

Alpha

Meaning: Exclusive, profitable information.

Example: “Got alpha on a Solana stealth launch—loading up!”

Ape In

Meaning: Investing heavily without research.

Risk: “Aped into a meme coin; lost 80% in an hour.”

Normie

Meaning: Casual investor unaware of crypto culture.

Example: “Normies buying DOGE because Elon tweeted a dog pic.”

Wen Moon?

Meaning: Ironic question about when a coin will pump.

Response: “Wen devs deliver the roadmap? Then moon.”

Tools & Bots

Dexscreener

Meaning: Tool tracking decentralized exchange (DEX) activity.

Pro Tip: “Use Dexscreener to spot volume spikes early.”

MEV (Maximal Extractable Value)

Meaning: Profits bots earn by front-running trades.

Example: “MEV bots sniped my Pepe trade—cost me 5%.”

Sniffer Bot

Meaning: Bot detecting new token launches.

Use Case: “Sniffer Bot found a Solana meme coin pre-pump!”

Rug Pull Checker

Meaning: Tool scanning contracts for scam risks.

Red Flag: “Rug pull checker flagged unlocked liquidity—avoid!”

Portfolio Tracker

Meaning: App monitoring crypto holdings (e.g., PepeBoostBot).

Tip: “Track your PNL—or stay blissfully ignorant.”

Advanced Trading Strategies

Snipe

Meaning: Buying a token immediately after launch for quick gains.

Tool: “Use Pump.fun bots to snipe Solana meme coins at $0 MC.”

Front-Running

Meaning: Bots executing trades before yours to profit from price moves.

Example: “MEV bots front-ran my ETH swap—cost me 3% slippage.”

Scalping

Meaning: Making small, frequent profits from minor price swings.

Strategy: “Scalp 1-2% gains on high-volume coins like DOGE.”

Swing Trading

Meaning: Holding assets for days/weeks to capture trends.

Tip: “Swing trade Bitcoin during ETF news cycles.”

Grid Trading

Meaning: Automated buys/sells at predefined price levels.

Use Case: “Set a grid bot on stablecoins during sideways markets.”

Regulatory & Legal Terms

KYC (Know Your Customer)

Meaning: Identity verification required by exchanges.

Controversy: “Decentralized exchanges avoid KYC—privacy win!”

AML (Anti-Money Laundering)

Meaning: Laws preventing crypto from funding illegal activities.

Example: “Tornado Cash sanctioned for AML violations.”

FATF Travel Rule

Meaning: Exchanges must share sender/receiver data for large transfers.

Impact: “Slows transactions but reduces illicit activity.”

CBDC (Central Bank Digital Currency)

Meaning: Government-issued digital currency (e.g., digital dollar).

Debate: “CBDCs vs. decentralized crypto—who controls money?”

Howey Test

Meaning: Legal criteria to determine if an asset is a security.

Example: “SEC claims most altcoins fail the Howey Test.”

Metaverse & Web3

Metaverse

Meaning: Virtual worlds where users interact via avatars (e.g., Decentraland).

Investing: “Buy virtual land early—metaverse is the next frontier.”

Play-to-Earn (P2E)

Meaning: Games rewarding players with crypto (e.g., Axie Infinity).

Risk: “P2E economies often collapse due to inflation.”

Virtual Land

Meaning: Digital real estate in metaverse platforms.

Example: “Sold Decentraland plot for 2x profit during metaverse hype.”

DAO (Decentralized Autonomous Organization)

Meaning: Community-governed entity using blockchain voting.

Example: “ConstitutionDAO tried to buy the U.S. Constitution—failed but went viral.”

Governance Token

Meaning: Token granting voting rights in DAOs.

Power Move: “Stack UNI tokens to influence Uniswap’s future.”

Staking & Validation

Validator

Meaning: Node securing a blockchain and earning rewards.

Example: “Run a Solana validator for 6-8% APY.”

Delegator

Meaning: User who stakes tokens with a validator.

Tip: “Delegate ADA to reliable pools for passive income.”

Slashing

Meaning: Penalty for validator misconduct (e.g., downtime).

Risk: “Avoid low-reputation validators to prevent slashing.”

Cold Staking

Meaning: Staking coins while keeping them offline for security.

Example: “Cold-stake XTZ via Ledger wallet—safe and profitable.”

Rebase Token

Meaning: Token that adjusts supply daily to stabilize price (e.g., AMPL).

Warning: “Rebases can wreck your portfolio if demand drops.”

Privacy & Security

zk-SNARKs

Meaning: Privacy tech hiding transaction details (used by Zcash).

Example: “zk-SNARKs let you send ETH without revealing your wallet.”

CoinJoin

Meaning: Mixing crypto transactions to obscure trails.

Tool: “Use Wasabi Wallet for Bitcoin CoinJoins.”

Stealth Address

Meaning: One-time wallet address for private transactions.

Use Case: “Monero uses stealth addresses for untraceable payments.”

Multi-Sig (Multi-Signature)

Meaning: Wallet requiring multiple approvals for transactions.

Security: “Use 3-of-5 multi-sig for team treasuries.”

Paper Wallet

Meaning: Physical copy of crypto keys (cold storage).

Tip: “Store paper wallets in fireproof safes—no digital traces.”

Tokenomics

Token Burn

Meaning: Permanently removing tokens from circulation.

Example: “BNB burns boost prices by reducing supply.”

Vesting Schedule

Meaning: Gradual release of tokens to prevent dumps.

Red Flag: “No vesting schedule? Devs might rug pull.”

Circulating Supply

Meaning: Tokens available to the public (vs. max supply).

Key Metric: “Low circulating supply = higher volatility.”

Max Supply

Meaning: Total tokens that will ever exist.

Example: “Bitcoin’s max supply is 21 million—digital gold.”

Inflationary vs. Deflationary

Meaning: Inflationary = supply increases; deflationary = supply decreases.

Strategy: “Hodl deflationary tokens like ETH post-EIP-1559.”

Technical Analysis (TA)

Fibonacci Retracement

Meaning: TA tool predicting support/resistance levels.

Example: “BTC bounced off the 0.618 Fib level—bullish reversal!”

RSI (Relative Strength Index)

Meaning: Momentum indicator (30 = oversold, 70 = overbought).

Signal: “RSI below 30? Time to buy the dip.”

MACD (Moving Average Convergence Divergence)

Meaning: TA tool showing trend strength and reversals.

Crossover: “MACD line above signal line = bullish trend.”

Bollinger Bands

Meaning: Volatility indicator showing price “bands.”

Squeeze: “Tight bands = incoming volatility explosion.”

Death Cross/Golden Cross

Meaning: Death Cross (50-day MA below 200-day MA = bearish).

Example: “Golden Cross in 2023 signaled Bitcoin’s bull run.”

Exchange & Market Types

CEX (Centralized Exchange)

Meaning: Platform controlled by a company (e.g., Binance).

Risk: “CEXs can freeze funds—not your keys, not your crypto!”

DEX (Decentralized Exchange)

Meaning: Non-custodial platform (e.g., Uniswap).

Freedom: “Trade anonymously on DEXs—no KYC required.”

OTC (Over-the-Counter)

Meaning: Private large-volume trades to avoid slippage.

For Whales: “OTC desks move $1M+ without moving markets.”

Perpetual Futures

Meaning: Leveraged contracts with no expiry date.

Warning: “Perps can liquidate you faster than expiry futures.”

Spot Trading

Meaning: Buying/selling crypto for immediate delivery.

Safety: “Stick to spot—avoid leverage unless you’re a pro.”

Emerging Trends

AI Tokens

Meaning: Crypto projects integrating AI (e.g., FET, AGIX).

Hype Cycle: “AI tokens pumped 300% in Q1 2023—then crashed.”

Memecoins on Base

Meaning: Ethereum L2 chain for low-fee meme coins.

Example: “Base chain’s $DEGEN did 1000x in a week.”

Layer 3

Meaning: Custom blockchains built atop Layer 2s.

Use Case: “Layer 3s optimize for gaming or enterprise apps.”

BRC-20 Tokens

Meaning: Memecoins on Bitcoin via Ordinals (e.g., $ORDI).

Controversy: “Purists hate BRC-20s—they clog the Bitcoin network.”

Restaking

Meaning: Staking the same asset across multiple protocols.

Example: “Restake ETH via EigenLayer for extra yield.”

Miscellaneous

Gas Fee

Meaning: Cost to transact on a blockchain.

Tip: “Trade SOL or BNB to avoid Ethereum’s $50 gas fees.”

FUDster

Meaning: Person spreading fear to manipulate markets.

Defense: “Block FUDsters—they’re often paid to crash prices.”

Whitepaper

Meaning: Document outlining a crypto project’s goals.

Red Flag: “No whitepaper? It’s a shitcoin.”

Airdrop

Meaning: Free tokens distributed to wallets (often for marketing).

Example: “Uniswap’s 2020 airdrop made early users $10k+.”

Mainnet

Meaning: Live blockchain network (vs. testnet).

Milestone: “Mainnet launch = project is ready for real use.”