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Glossary

Crypto slang, explained for humans.

Memecoin: A token driven by community and memes rather than a product. Very volatile.
Rug pull: The developer removes the liquidity or dumps the supply, and the price crashes to zero.
Honeypot: A token you can buy but never sell.
Liquidity (LP): The money in the trading pool. Without it, you cannot sell.
Market cap: Price × circulating supply. The 'size' of the token.
Whale: A wallet holding a large amount of a token.
Sniper: A trader (or bot) buying in the first seconds after launch.
Pump / dump: A sharp rise / a sharp fall of the price.
TP / SL: Take profit: where you sell with a gain. Stop loss: where you sell to limit a loss.
Renounced: The developer gave up control of the contract.
Deployer: The wallet that created the token.

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