🧠 Crypto Dummy DeGen Glossary

General DeGen Slang
DeGen – Short for “degenerate,” someone who takes high-risk bets in crypto, often on meme coins or NFTs.
Jeet – A trader who sells early out of fear or greed, typically causing others to panic. Often used insultingly.
FOMO – Fear Of Missing Out. The urge to buy into a pump or trend too late.
FUD – Fear, Uncertainty, Doubt. Negative sentiment or rumors meant to shake holders.
WAGMI – “We’re All Gonna Make It.” A rallying cry of optimism in the face of losses or volatility.
NGMI – “Not Gonna Make It.” Used to describe bad trades, poor decisions, or someone ignoring the meta.
Rugpull (Rug) – A scam in which devs or insiders dump or remove liquidity, leaving others with worthless tokens.
Bagholder – Someone stuck holding a worthless or severely down asset.
Pump and Dump – Coordinated hype followed by a mass selloff. Often done by insiders or whales.
Shill – To promote a coin, often aggressively or dishonestly.
Exit Liquidity – New buyers who enter at the top, providing sellers a chance to cash out.
Sniper Bot – An automated bot that buys a token the moment it’s launched to gain an early entry advantage.
Alpha – Valuable, often insider-level information not known to the public.
GigaChad – A legendary trader who makes bold plays that pay off. Also used sarcastically.
Platform-Specific Terms
Pump.fun – A Solana-based meme coin launchpad with built-in tokenomics and tiered liquidity stages.
DEXScreener – A tool to track decentralized exchange prices, volumes, and trends.
Bubblemaps – A visual tool to explore wallet connections and token holdings, revealing suspicious activity or centralization.
CoinGecko – A coin data aggregator used to track prices, volumes, market cap, and token metrics.
Tokenomics & Trading
FDV – Fully Diluted Valuation. Market cap assuming all tokens are in circulation.
Circulating Supply – Number of tokens currently in public hands.
Max Supply – The total number of tokens that can ever exist.
Vol/Mkt Cap – Volume to Market Cap ratio. A high ratio can indicate strong activity.
Liquidity Pool (LP) – Funds locked in a DEX to allow token trading. Removing LP = soft rug.
Slippage – The difference between expected and actual trade price due to low liquidity or volatility.
Market Cap – Total value of a cryptocurrency = Price × Circulating Supply.
Fair Launch – A project with no pre-mine, private sale, or early insider advantage.
Lore & Meta
Cursed Coin – A meme coin abandoned or rugged, often left to rot — or get revived by bots.
Meme Gainz – Profits made purely off hype or internet meme energy.
Church of GAINZ – A fictional crypto cult founded by BabyBilly and 8BallBilly to preach meme coin profits.
Candle King – A title given to BabyBilly for his wild, volatile chart movements (candles).
Spirit of GAINZ – A mythical source of crypto profit and trading hype.
Magic 8Ball (8BallBilly) – BabyBilly’s mystical guide who secretly builds on Sui.
Solana Drank – BabyBilly’s favorite fictional drink (purple Solana in a double cup).
Culture & Psychology
Ape/Ape In – To jump into a coin or NFT project quickly, often without doing research.
REKT – Wrecked. A total financial loss due to a bad trade or rug.
Hopium – False hope or irrational optimism about a project’s future.
DYOR – Do Your Own Research. Often said as a disclaimer, even when shilling.
Gaslighting – Common in crypto groups. Making others feel crazy for spotting red flags.
Exit Pump – A final surge in price used to lure in exit liquidity before a rug.