Coin Memecoin Market Glossary

From cryptocurrency beginners to coin meme coin experts, this one article covers all the terms at a glance!

1. Basic Coin (Cryptocurrency) Terms

Blockchain
A distributed ledger technology in which blocks containing transaction records are linked in a chain.

Node
A computer that participates in a blockchain network and verifies and broadcasts transactions.

Exchange
Centralized Exchange (CEX): Operated by a company like Bithumb or Upbit
Decentralized Exchanges (DEX): Smart contract-based like Uniswap and Raydium

Wallet
A program that manages private keys and public keys to send and receive cryptocurrency.
Software wallets (Metamask, Phantom) / Hardware wallets (Ledger, etc.)

Gas Fee
Fees charged when executing smart contracts such as Ethereum and BSC.
Varies depending on network congestion.

Smart Contract
A program on the blockchain that automatically runs when conditions are met.

Liquidity Pool
A pool where users deposit tokens to facilitate trading on DEX.
Depositors receive a portion of the fee income (trading fees) as compensation.

AMM(Automated Market Maker)
An automated market maker that determines prices using mathematical formulas (e.g. x·y=k) instead of a traditional order book.

Market Cap
Number of tokens in circulation × current price.
A representative indicator comparing the size of coins.

Circulating Supply
Total amount of tokens in circulation on the market.

Total Supply
The total amount of tokens that can be issued.

---

2. DeFi·DEX related terms

Staking
An act of depositing tokens held to the network to contribute to block creation and receive rewards.

Yield Farming
A strategy to deposit tokens into a liquidity pool to earn multiple reward tokens.

Perpetual Swap
A derivative product that can be traded with leverage and no expiration date.

Impermanent Loss
Temporary loss resulting from price fluctuations between two tokens when providing liquidity.

Slippage
The difference between the order price and the settlement price.
Occurs when liquidity is low or when trading large volumes.

Front-run
An unfair practice of detecting and trading large orders before they are executed.

---

3. Memecoin Market Terminology

Memecoin
Dogecoin, a fun-focused cryptocurrency themed around a 'meme' like Shiba Inu.

Pump.fun
Solana-based meme coin creation and listing platform. Anyone can issue tokens with a small amount of SOL.

BullX
Solana memecoin trading tool that provides whale wallet tracking, notifications, and auto-trading features.

AXIUM
An analytics platform with AI-based memecoin trading system and Telegram notification function.

Photon
Solana DEX has the advantage of fast settlement speed and frontrun prevention function.

GMGN (GMGN)
A memecoin viral detection platform specializing in Twitter mention volume analysis.

DEXscreener
Real-time tracking tool for new multi-chain tokens such as Solana, Ethereum, and BSC.

Bond (Bond-Bonding curve)
The stage where tokens are issued, converted into smart contracts, and listed on the Radium exchange.

Dump
The price of the coin suddenly dropped and crashed.

rug pull
A scam where developers suddenly withdraw liquidity, turning coins into worthless pieces of paper.

---

4. Slang and abbreviations used by memecoin traders

Alpha
Market information and trading strategies ahead of others.

CA(Contract Address)
Token smart contract address. Twitter and Discord bots share CA to capture buying opportunities.

OG(Original)
Distinguishing real coins from similar meme coins that came out at the same time

Moondot
A phrase traders shout out as a hopeful mantra when a meme coin is on the rise, meaning that the coin will go to the moon - it will skyrocket.

Dump
The price of the coin suddenly dropped and crashed.

Humble Hands (Diamond Hands)
Investors who are holding Memecoin for a long time (strong hands that do not cut losses).

Paper Hands
An investor who easily sells even at small losses.

Ape In
Blindly purchasing large amounts of stock without sufficient analysis.

WAGMI
An acronym for “We're All Gonna Make It,” expressing project optimism.

NGMI
An abbreviation for “Not Gonna Make It,” a negative expression that foretells failure.

Morning Call
Notifications from Discord/Telegram bots notifying of newly created MemeCoins.

Shilling
Excessive promotion of coin projects.

Pumping
An act of artificially causing a surge in the price of a coin.

Dumping
The act of selling at a high point and causing the price to drop sharply.

Rally
A phenomenon in which prices rise continuously.

Rekt
Suffered a huge loss and almost lost all of the investment.

So, here we have covered the main terms of the coin meme market. From the basics of cryptocurrency to DeFi, DEX, and the unique terms and trader slang of the meme market, you will now be one step closer to understanding this world. We hope this glossary will be a solid guide for your cryptocurrency investment journey. If you have any questions, please come back anytime!