Crypto Terminology

Altcoin: Any cryptocurrency other than Bitcoin (e.g., Ethereum, Litecoin).

Blockchain: A decentralized digital ledger that records all transactions across a network.

Crypto: Short for cryptocurrency, a digital or virtual currency secured by cryptography.

DeFi: Decentralized Finance, a movement aiming to recreate traditional financial systems using blockchain technology without intermediaries.

Fiat: Government-issued currency (e.g., USD, EUR) that isn't backed by a physical commodity like gold.

ATH (All-Time High): The highest price ever achieved by a cryptocurrency.

Bonding: When a new coin starts to migrate to a more stable volatility,  which rises the price as more people buy. This helps  stabilize the price and incentives early adopters to hold.

Bull Market: A market trend where prices are rising.

Bear Market: A period of declining cryptocurrency prices.

Bumps/Bumping: Bots purchasing & selling very small amounts of a coin to generate volume.

Address: A unique string of characters that identifies a wallet to send or receive cryptocurrency.

Mining: The process of validating transactions and adding them to the blockchain, often rewarded with cryptocurrency.

Hash: A unique fixed-length string output generated from input data, used for security in blockchain transactions.

Smart Contract: Self-executing contracts with predefined rules coded on a blockchain.

Bundled: Wallets that purchased large amounts of the coin simultaneously, usually to hide owning said amount.

CA: Coin address or token address

DEX (Decentralized Exchange): A platform for trading cryptocurrencies directly between users.

Dev: Developer or deployer of the coin.

Diamond Hand: Holding investments long-term, despite risks or losses.

DYOR: Do you Your Own Research

FOMO (Fear of Missing Out), the Anxiety about missing profitable investment opportunities.

FUD: Fear, Uncertainty, Doubt

Gas: Fees paid to perform transactions or execute smart contracts on the Ethereum network.

HODL: Hold On for Dear Life, meaning to keep your cryptocurrency regardless of price changes.

Market Cap (MC) (Market Capitalization): The total value of a cryptocurrency (Price × Circulating Supply).

Mooning: when a crypto currency's value increases rapidly

Paper Handing: Selling too early and missing out on profit.

Pump and Dump: A scheme to inflate the price of a cryptocurrency artificially and then sell it off for a profit.

PNL: Profit and Loss

Rug Pull: A scam where developers sell all their coins at once, causing a hard crash for everyone.

Token: A digital asset built on an existing blockchain.

Top Blast: Purchasing at the top of the chart, this is relative to the point in time.

Wallet: A tool for storing and managing cryptocurrency.

Whale: An individual or entity that holds a large amount of cryptocurrency.

Exchange: A platform where you can buy, sell, or trade cryptocurrencies.

Liquidity: How easily an asset can be converted into cash without affecting its market price.

Stop Loss: A trading strategy to limit losses by selling an asset when it reaches a certain price.

MEV: Maximal extractable value, referring to the maximum value that can be extracted from a blockchain transaction.

Security Terms

Private Key: A secret code that gives you access to your cryptocurrency wallet.

Public Key: A code that allows others to send cryptocurrency to your wallet.

Seed Phrase: A series of words that serve as a backup to recover a wallet.

2FA (Two-Factor Authentication): A security process requiring two methods of verification.

Emerging Terms

NFT (Non-Fungible Token): Unique digital assets verified using blockchain, often used for art, collectibles, and more.

DAO (Decentralized Autonomous Organization): An organization governed by smart contracts and blockchain technology rather than central authority.

Metaverse: Virtual environments where cryptocurrencies often serve as the native currency.

Gas Fee: The cost required to execute a transaction on a blockchain network, particularly Ethereum.

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