Category: Lexicon

52 articles in this category.

• Alpha group A private chat, usually on Telegram or Discord, where members share early trading information and token calls.
• Ape To buy into a token impulsively and in size, without research, usually out of fear of missing a fast move.
• Bag A trader's holding of a particular token; a bagholder is someone left holding a devalued position after other participants have exited.
• Bonding curve A pricing mechanism in which a smart contract sells tokens along a mathematical curve, raising the price as more of the supply is purchased.
• Bundle A coordinated purchase of a large share of a token's supply across multiple wallets at launch, usually executed in the same block as the token's creation.
• Cabal Trench slang for a coordinated insider group that controls a token launch, its supply, and its promotion, extracting profit from retail buyers.
• Cooking Slang indicating that a token, chart, or person is building momentum or doing productive work, most familiar from the phrase "let him cook.
• Cope and hopium Paired slang terms for irrational denial after a loss (cope, copium) and irrational optimism before one (hopium), both imagined as drugs the holder inhales.
• Copy trading Automatically mirroring the trades of a chosen wallet, a standard feature of Solana meme coin trading terminals.
• CTO Community takeover, the adoption and continued operation of an abandoned meme coin by its remaining holders.
• Cult coin Trench slang for a meme coin whose core asset is a fanatical, identity driven holder community rather than insider coordination, framed in 2026 discourse as the opposite of a cabal coin.
• Degen Short for degenerate, a self applied label for traders who take extreme speculative risk without research, worn in crypto as a badge of identity.
• Dev Trenches shorthand for the creator of a meme coin, treated as the token's central and most watched actor regardless of whether any development occurs.
• Dev sold The event and phrase marking a token creator selling their own holdings, broadcast by tracking bots and usually treated as the death of a launch.
• Dex paid Shorthand for a token whose team has purchased DexScreener's Enhanced Token Info listing, read by traders as a minimal signal of developer commitment.
• Engagement farming Posting content designed primarily to harvest likes, replies, and impressions rather than to inform, often for platform payouts or airdrop eligibility.
• Exit liquidity The buyers whose demand allows earlier holders to sell; being called exit liquidity means having bought so that someone else could exit.
• Fair launch A token distribution model with no presale, team allocation, or insider access, in which everyone can buy at the same time and price; also a heavily abused marketing label.
• Farming Performing activity on a protocol to qualify for an expected token allocation, especially airdrop farming and points farming; also an accusation of extractive behavior.
• Few and probably nothing Paired ironic phrases: "few" (short for "few understand") flatters insiders, while "probably nothing" sarcastically flags news the poster believes is significant.
• FUD Fear, uncertainty, and doubt, an acronym for negative information or sentiment spread about an asset, whether true or false.
• Fumble To sell a winning position far too early, losing out on a life changing gain; from the hip hop phrase "fumble the bag.
• Gm Abbreviation of "good morning" used as a daily greeting and tribal handshake across crypto Twitter, Discord, and Telegram.
• Graduation The moment a launchpad token completes its bonding curve and migrates to a full decentralized exchange, historically Raydium and later PumpSwap.
• Honeypot A scam token whose contract allows buying but blocks or penalizes selling, trapping buyers' funds.
• Insider A participant with privileged access to a token launch, such as advance knowledge of timing or a hidden supply allocation, who profits at the expense of public buyers.
• Jeet Derogatory crypto slang for a trader who sells a token quickly or at the first sign of weakness, used both as a noun and as a verb.
• KOL Key opinion leader, a crypto influencer whose token calls move markets and who is frequently paid or allocated tokens to promote projects.
• Larp Crypto Twitter slang, from live action role playing, for pretending to be something one is not, such as faking trades, wealth, or insider access.
• Mcap and FDV Trenches shorthand for market capitalization and fully diluted valuation, the two standard measures of a token's size.
• MEV Maximal extractable value, profit taken by reordering, inserting, or censoring transactions in a block, experienced by trenches traders mainly as sandwich attacks.
• Microcap and lowcap Slang tiers for tokens with very small market capitalizations, where trench traders hunt for extreme multiples while accepting extreme risk.
• Midcurve Insult derived from the IQ bell curve meme, describing a trader whose middling sophistication produces worse results than either naive conviction or genuine expertise.
• Moon To rise sharply in price, from the phrase "to the moon"; a moonshot is a speculative token believed capable of such a rise.
• NGMI and WAGMI Acronyms for "not gonna make it" and "we're all gonna make it," the paired verdicts of failure and collective optimism inherited from bodybuilding culture.
• Paper hands and diamond hands Paired slang terms contrasting traders who sell under pressure (paper hands) with those who hold through volatility (diamond hands).
• Presale Selling token allocations to investors before public launch; on Solana in 2024 a mania in its own right, with nine figure sums sent to presale wallets and frequent abandonment.
• Priority fee A priority fee is the extra payment attached to a Solana transaction to win validator inclusion, which trench traders raise aggressively, alongside Jito tips, to land trades during launches.
• Pump and dump A manipulation scheme in which promoters inflate an asset's price with hype and coordinated buying, then sell their holdings into the induced demand.
• PvP Player versus player, a description of meme coin markets as zero sum contests in which traders profit directly from other traders' losses.
• Rekt Crypto slang for suffering severe financial loss, derived from the gaming spelling of "wrecked.
• Roundtrip Riding a position from entry to a large unrealized gain and back down to the entry price or below without ever selling.
• Rug pull An exit scam in which the creators of a token abandon the project and extract its value, leaving holders with a worthless asset.
• Send it An exhortation to commit fully to a risky action, used in the trenches both for entering a trade and for a chart that is rising fast.
• Shill A person who promotes a token while concealing a financial interest in it, or the act of such promotion.
• Sniper A trader or bot that buys a token in the first instants of its launch, before manual buyers can react.
• Stealth launch Launching a token with no prior announcement, marketing, or presale, so that trading begins before anyone is positioned for it.
• Top signal and bottom signal Events read as evidence that a market cycle has peaked (top signal) or fully capitulated (bottom signal), ranging from sentiment data to celebrity coin launches.
• Trenches Crypto slang for the earliest and riskiest arena of onchain meme coin trading, where traders buy tokens that are minutes old, most commonly on Solana launchpads.
• Volume bot Paid software that generates artificial trading volume across many wallets to push a token onto trending lists and simulate organic demand.
• Wallet tracker A tool that monitors chosen blockchain addresses and alerts users to their trades in real time, a core piece of trenches infrastructure.
• Wash trading Trading with oneself across controlled wallets or accounts to fabricate volume and activity, endemic to meme coin markets and unregulated exchanges.