Glossary

Also: 10x, 1000x, a 100x, multiplier, x's

Traders count gains in multiples. If you buy at a $10,000 market cap and the coin reaches $1,000,000, that is a 100x, so $20 would have become about $2,000 before fees and slippage. People post their 100x wins and almost never their losses, which makes these wins look far more common than they are.

Also: two-factor authentication, authenticator app, 2-step verification, two factor

Turn it on for every exchange account before you deposit anything. An authenticator app is safer than text-message codes, because scammers can hijack a phone number. If anyone asks you for a 2FA code, they are trying to get into your account.

Also: poisoned address, lookalike address, dust attack

A scammer sends you a tiny transfer from an address that starts and ends with the same characters as one you use often. Weeks later you copy an address from your history, grab the fake by mistake, and your SOL goes to the scammer. Copy addresses only from a source you trust, and check the middle of the address too, not just the first and last few characters.

Also: dex aggregator, swap aggregator, router

Instead of trading on one pool, an aggregator routes or splits your trade across several pools to get you the most tokens out. Jupiter is the best known on Solana, and many wallets and trading apps use one behind the scenes. For a fresh memecoin with a single pool it changes little, because there is only one place to trade.

Also: ai agents, ai agent meta, agent coin, ai coin

In October 2024 a coin called GOAT, pushed by an AI account on X, started a whole meta of AI agent coins. Dozens followed within weeks, and most faded within months. It is a clean example of a new idea turning into a meta and then into a crowded trade.

Also: drop, airdropped, claim

Projects sometimes reward early users by sending tokens straight to their wallets, and a few of those drops have been worth a lot. Real airdrops are announced on the project's official accounts first. A surprise token in your wallet with a link in its name is almost always a fake airdrop, so leave the link alone.

Also: alpha group, alpha chat, alpha call, alpha leak

In the trenches, alpha means an early tip: a coin about to trend, a wallet worth following, a narrative starting on X. Paid alpha groups sell this, and some are run by people who buy first and then post the coin so their members have something to buy from them. Anything shared with thousands of people is no longer early.

Also: alt, side wallet, secondary wallet

Many KOLs have a public wallet that fans follow and quieter alt wallets where they buy first. A common pattern: the alt buys early, the public wallet buys later in plain view, followers pile in, and the alt sells into them. Tools that group wallets by where their SOL came from can sometimes link an alt to its owner.

Also: automated market maker, amm pool

There is no order book and no person on the other side. A pool holds two tokens, for example SOL and a memecoin, and a formula moves the price as people buy from it and sell into it. PumpSwap, Raydium and Meteora all run AMM pools, and that is where a pump.fun coin trades after it graduates.

Also: anonymous, anon dev, anons

Most people in crypto use a nickname and a cartoon profile picture, so 'gm anon' is a friendly way to say hello to anyone. An anon dev is a coin creator whose real identity is unknown, which is normal for memecoins. It also means nobody is accountable if they disappear with the money.

Also: aped, aping, apeing, ape in, aped in

'I aped' means 'I bought quickly without checking much'. Say a coin with a funny name shows up on your feed at a $15,000 market cap and you put 0.5 SOL in within seconds: you aped. Aping is how some people catch early runners and how most people buy rugs, so ape only with amounts you can afford to lose.

Also: arb, arbing, arb bot, arbitrage bot

If a coin is cheaper in one pool than in another, an arbitrage bot buys from the cheap one and sells into the dear one until the prices match. This kind of MEV is mostly harmless, and it is why the same coin shows almost the same price on every pool. A sandwich attack is a very different thing, because it profits from your trade.

Also: all-time high, all time high, new highs

If a coin peaked at a $2 million market cap and now sits at $400,000, it is 80% down from its ATH. Many memecoins print their ATH within the first hours and never see it again. A coin far below its ATH has a lot of holders waiting to sell the moment they get back to break-even.

Also: all-time low, all time low, new lows

For a pump.fun coin the ATL is usually the very first trade, the moment it launched. Dying coins often slide back toward their launch price, so 'it can't go any lower' is a dangerous thought. A coin can keep setting new all-time lows until nobody trades it at all.

Also: axiom trade, axiom.trade

Axiom shows new launches, coins close to graduating and coins that have just graduated in live columns, with quick buy and sell buttons, wallet tracking and holder stats on every coin. Like most terminals it takes a fee on every trade. The platforms page lists its strengths, weaknesses and current fees.

Also: bagholder, bag holder, bagholders, left holding the bag

If you bought at the top and the coin fell 90%, you are the bagholder. Every rug and every dump ends with a crowd of them, because someone is always holding when the buyers stop coming. The best protection is deciding your exit before you buy.

Also: bag, my bags, holding bags, pump my bags

'How are your bags?' means 'how are your coins doing?'. People 'pump their bags' by posting about coins they own, so a stranger hyping a coin is usually holding it. Bags is also the name of a Solana launchpad, so check which one people mean.

Also: trading bankroll, trading capital, stack, trading wallet balance

Keep it apart from rent money and savings. Position sizes are worked out from it: with a 5 SOL bankroll, 2% per trade is 0.1 SOL. When the bankroll shrinks, the sizes shrink with it.

Also: signature fee, base network fee

A normal transfer has one signature, so its base fee is 0.000005 SOL, a tiny fraction of a cent. Half is burned and half goes to the validator. It stays the same whether the network is quiet or busy; the part that changes is the priority fee.

Also: based dev, so based

'Based dev' means people respect the coin's creator, for example because they stayed in the chat through a dip or refused to sell. It started as internet slang and crypto adopted it. Being called based says nothing about whether a coin is safe.

Also: bear, bearish, bear season

In a bear market SOL and most coins trend down for months, volume dries up and new memecoins struggle to find buyers. Runs still happen, but there are fewer of them and they fade faster. 'Bearish' on a coin means you expect it to fall.

Also: beta, betas, beta coin, beta plays

When a coin about a cartoon frog runs, traders buy coins about the frog's friends or the same meme, hoping they follow the leader. Betas often jump harder than the leader while it climbs, and fall first and hardest when it cools. Buying betas late in a run is a common way to become exit liquidity.

Also: bleeding, bled out, slow bleed

A coin that bleeds loses a few percent every hour as holders give up and sell and nobody new steps in. It is quieter than a dump and often lasts longer. A bleed can be insiders slowly selling, or just a coin running out of buyers.

Also: slot, block 0, same block, first block

Solana moves in slots a fraction of a second long, about five a second in October 2026, and each slot can hold a block of transactions. Buying 'in block 0' means buying in the same block the coin was created in, which nobody clicking a button by hand can do. When many wallets buy in the first block or two, that points to snipers or a bundle.

Also: explorer, solscan, solana explorer, solana fm

Paste a wallet address, a transaction signature or a contract address into an explorer like Solscan or Solana Explorer and you can see what happened, when, and between whom. It is how you check that a deposit arrived, who created a coin, or whether the dev sold. Everything on Solana is public, so anyone can look.

Also: chain, public ledger

Think of it as a ledger everyone can read and nobody can erase. Bitcoin, Ethereum and Solana are all blockchains. Because the record is public, you can check any wallet, any coin and any trade yourself instead of trusting what someone tells you.

Also: recent blockhash, expired blockhash, blockhash expired, block height exceeded

A transaction is only valid for about 150 blocks after its blockhash, which in October 2026 is about half a minute. If it has not landed by then it is thrown away, which is one reason trades fail when the network is busy. Your app then has to send a fresh transaction, often at a different price.

Also: blue chips, bluechip, blue chip memecoin

The phrase comes from the stock market. In memecoins it means coins that have survived for years, trade on big exchanges and have deep liquidity, like BONK on Solana. Blue chips still swing hard, but they are far less likely to be rugged overnight than a coin launched this morning.

Also: curve, bonding, pre-bond, on the curve

On pump.fun and similar launchpads a new coin does not start with a normal pool. The launchpad sells tokens along a curve: every buy nudges the price up and every sell nudges it down. On pump.fun's curve the last tokens sold cost about 15 times what the first ones did, so the same 1 SOL buys far fewer tokens near the end. When the curve sells out, the coin graduates to a regular pool.

Also: bonkfun, letsbonk, letsbonk.fun, lets bonk

It works much like pump.fun: a coin starts on a bonding curve and graduates into a Raydium pool. In July 2025 it passed pump.fun in daily launches and volume for the first time, which made headlines, and then pump.fun took the lead back; in October 2026 pump.fun was collecting many times more in fees. About half of Bonk.fun's fees buy BONK for Bonk Inc., a listed company that holds it.

Also: boosts, boosted, dexscreener boost, golden ticker

Anyone can buy boosts for a coin. DexScreener says they last 12 to 24 hours and raise a coin's trending score without guaranteeing it a spot, and a coin with 500 or more active boosts gets a golden ticker. Boosts tell you somebody spent money on promotion, often the dev or a group of holders, and nothing about whether the coin is safe. Not to be confused with pump.fun's BOOST, which is a buyback after graduation.

Also: bottomed, the bottom, bottom signal, falling knife

'Is this the bottom?' is the most asked and least answerable question in trading. Buying a falling coin because it 'must be the bottom' is called catching a falling knife. You only know where the bottom was afterwards.

Also: breakeven, break even, b/e

Fees push break-even up. If you pay 1% to buy and 1% to sell, the coin has to rise a little over 2% just for you to get your SOL back, and more once priority fees are counted. Holders of a falling coin often sell the moment it returns to their break-even, which is why old entry prices tend to act as resistance.

Also: breaking out, broke out, fake breakout

A coin stuck under a $1 million market cap for a day finally breaks through on heavy volume: that is a breakout. Traders often buy breakouts, and fake breakouts, where price pokes above the level and drops straight back, catch a lot of them. Strong volume behind the move is the usual tell.

Also: bridging, bridged, cross-chain

If your money is on Ethereum or Base and you want to trade on Solana, a bridge can carry it across. Bridges have been hacked many times and fake bridge sites are common, so use well-known ones from a bookmarked link. For a first purchase it is usually simpler to buy SOL on an exchange.

Also: extension, wallet extension, chrome extension

Wallets like Phantom install as an extension so websites can ask them to sign. Install only from the wallet's official website or the store link it points to, because fake wallet extensions that steal seed phrases are common. Check the publisher's name and the number of users before you click add.

Also: btd, buy the dip, buying the dip

It works on assets that keep coming back. Most memecoins do not come back, so buying every dip in a dying coin only adds to the loss. Before buying a dip, check who sold: one holder taking profit is very different from the dev dumping.

Also: bubblemap, bubblemaps, bubble maps

Bubblemaps and similar tools draw each big holder as a bubble sized by how much it holds. Bubbles joined by lines suggest wallets run by the same person or group. A coin whose top holders form one tight cluster is far riskier than one where the big bubbles stand apart.

Also: bull, bullish, bull run, bull season

In a bull market money flows in, SOL climbs, and memecoins run further and more often. It also makes everyone feel like a genius, which is when people bet bigger and get hurt when the mood turns. 'Bullish' on a coin means you expect it to rise.

Also: bundled, bundled launch, bundling

On Solana a bundle is a small group of transactions that execute in order and all together, or not at all. Devs use them to create a coin and buy a big part of its supply from many wallets in the same instant, so it looks like many separate holders. Picture 15 fresh wallets each buying 2% in the launch block: the chart looks busy, but one person controls 30% and can sell it all at once.

Also: bundlers, bundle wallets, bundled wallets

When traders say 'bundlers hold 25%', they mean the wallets from the launch bundle still hold a quarter of the supply. Bundlers are dangerous because they bought cheapest, they act as one, and they can sell at the same moment, which can crush the price in seconds. Trading terminals try to flag bundled wallets, but bundlers keep finding new ways to hide.

Also: burned, burnt, token burn, supply burn

Burning removes tokens from the supply forever. A dev announcing 'I burned 10% of supply' sounds generous, but it changes little if the rest still sits in a few wallets. Do not mix it up with an LP burn, which is about the trading pool and matters much more for safety.

Also: dead address, incinerator, burn wallet

Tokens sent to a burn address can never be moved again, so on a holder list it may show up as a big holder that will never sell. Good tools label it or leave it out of the top 10 figure. If a team says it burned tokens but sent them to a normal-looking wallet, check it, because tokens are only burned if nobody holds the key.

Also: burner, burner wallets, throwaway wallet

You connect the burner to anything new: a fresh launch, an unfamiliar site, a mint you are not sure about. If it gets drained, you lose only what was in it. Your savings sit in a separate wallet that never connects to anything risky.

Also: sell pressure, buy sell ratio, buys vs sells, buy ratio

If a coin shows 300 buys and 120 sells in five minutes, buy pressure looks strong for now. Counts can mislead: one whale selling 20 SOL outweighs fifty buys of 0.1 SOL, and volume bots can fake buy counts. Look at the size of the trades as well as the number.

Also: buybacks, buy back, buy and burn

Some launchpads and teams send part of their fees into buying a token, which adds steady buying and, if the tokens are burned, shrinks the supply. pump.fun's BOOST, added in July 2026, uses part of a graduating coin's liquidity to buy and burn its tokens in the first minutes. A buyback only helps while it lasts and while it is big compared with the selling.

Also: the cabal, cabals, cabal coin

A cabal might be a few devs, KOLs and snipers who agree to buy a coin early, post it to their followers at the same moment and sell into the crowd. From the outside it looks like a coin going viral by itself. Warning signs include many early wallets funded from the same place and several big accounts posting the same coin within minutes.

Also: call channels, call group, calls channel, alpha channel

Members get a ping with a contract address and rush to buy, which can push the price up for a few minutes. Some channels play it straight, and many sell paid spots or buy before they post. Before trusting one, track its calls over a few weeks from the price at the moment of each post.

Also: call, calls, callers

A call is a post with a contract address and a line like 'aping this at 50k'. Some callers are good, many are paid to post, and some buy before they call so their followers' buys push the price up for them. Judge a caller by their record over many calls, never by their single best one.

Also: candlestick, candles, green candle, red candle

Each candle covers a fixed slice of time, such as one second, one minute or one hour. A green candle closed higher than it opened and a red one closed lower. One huge green candle followed by a long red one on a fresh coin is the classic shape of a pump and an early holder cashing out.

Also: cashback coins, cashback mode, trader cashback, rebate

On a pump.fun Cashback coin, the creator fee on each trade is credited back to the buyer, as long as the app they trade with supports it. As of October 2026 pump.fun no longer allows new Cashback coins: old ones still work, and a creator who wants to share fees now picks Holder Rewards instead. Trading apps also use 'cashback' for fee rebates. These programs change often, so check the platform's own page before counting on any reward.

Also: celeb coin, celebrity token, celebrity memecoin

A few are launched by the celebrity's own team, and far more by strangers borrowing the name. Real or not, they tend to spike on launch and fall fast. In February 2025 the LIBRA coin, promoted by Argentina's president, crashed within hours as insider wallets cashed out. Before believing a coin belongs to someone famous, check that person's own official account.

Also: centralized exchange, exchange, cexes

A CEX holds your money for you, checks your ID and lets you buy SOL with a card or a bank transfer. Most people buy their first SOL on one and then withdraw it to their own wallet to trade memecoins. Coins on an exchange are not in your wallet: if the exchange freezes your account or fails, you wait or you lose.

Also: gigachad, chad move, chad dev

'Chad dev' or 'chad move' means people admire what someone did. A trader who held through a scary dip and was right gets called a chad, while the hundred who held and lost get no name at all. It is roughly the opposite of paper hands.

Also: charts, price chart, chart reading, reading the chart

Memecoin charts are usually candle charts. On a fresh coin the chart mostly shows who has been buying and selling so far, and says little about where it goes next. A near-vertical line with almost no red often means bots or a bundle rather than a crowd of real buyers.

Also: circulating, circ supply

For most memecoins it equals the total supply, because every token is created at launch and nothing is locked away. For projects with locked tokens it is smaller, and the market cap is counted from it. Burned tokens are not part of it.

Also: wallet cluster, linked wallets, connected wallets, clustered

You usually find clusters by following the money: ten wallets all funded from one exchange account in the same minute probably share an owner. On a bubble map a cluster shows up as bubbles joined by lines. A coin where one cluster holds a big share is much riskier than its holder count suggests.

Also: cold storage, ledger wallet, offline wallet

A cold wallet signs transactions on a device that never shows its key to your computer, so malware cannot simply copy it. It is the right home for savings but too slow for fast memecoin trading. Many traders keep most of their SOL cold and a small trading balance in a hot wallet.

Also: compute units, cu, compute budget, cu limit, cu price

Each transaction asks for a compute unit limit, up to 1.4 million, and its priority fee is a price per compute unit times that limit. So a swap that reserves more compute pays a bigger priority fee at the same price. Trading apps set both numbers for you.

Also: ca, mint address, token address, mint, address of the coin

Anyone can copy a name or ticker, but nobody can copy the contract address. Ten coins can be called $DOG, and only one has the address you were sent. On Solana it is strictly the token's mint address, and pump.fun coins usually have one ending in 'pump'. Always copy it from the official source.

Also: it's cooking, let him cook, cooked, we're cooked

'This chart is cooking' means it keeps climbing. 'Let him cook' means give the dev or trader time to show what they can do. 'We're cooked' means it is over.

Also: coping, copium, huffing copium

Saying 'it's just a shakeout, it'll come back' while a coin bleeds 95% is cope. Copium is the imaginary gas people breathe to keep believing. A little cope is harmless, but cope that keeps you holding a dead coin, or buying more of it, costs real money.

Also: copytrading, copy trade, copy bot, mirror trading

You pick a wallet, often one with good past results, and a bot mirrors its trades. The catch is that you always buy after them at a worse price, and some wallets know they are being copied and trade to farm their followers. Copy trading can work, but a wallet's past wins do not promise your future ones.

Also: copycats, copy coin, clone, knockoff

When a coin takes off, copies appear within minutes, hoping to catch buyers who search by ticker. Most are dead within the hour and some are traps. Always trade from the contract address the original community shares.

Also: creator fees, creator rewards, dev fees, creator revenue, creator share

Launchpads like pump.fun pay the coin's creator a slice of trading fees, so a coin with heavy volume earns its dev money without the dev selling any tokens. That can be a good thing, since a dev who earns from volume has a reason to keep the coin alive. The split differs by launchpad and changes often, so check the launchpad's current rules.

Also: ct, crypto x, crypto twitter

Most memecoin narratives start or spread there: a viral post, a famous account replying with a meme, a KOL posting a contract address. CT moves fast and is full of paid posts, bots and fake screenshots. Use it as a feed of what people are excited about, never as advice.

Also: crypto, digital currency, digital asset

Bitcoin was the first, in 2009. Ethereum and Solana followed with blockchains that can run programs, which made tokens, on-chain exchanges and memecoins possible. Prices swing far more than normal money, and there is no bank to call when something goes wrong.

Also: community takeover, cto'd, ctod

If a dev sells and walks away, holders sometimes form a new team, make new socials, pay for a DexScreener page and keep pushing the coin. Some CTOs bring dead coins back, and a few have gone on to big runs. A takeover cannot change what the token itself allows, so the usual checks on holders and authorities still apply.

Also: custodial wallet, custody, exchange wallet

It is easy: you can reset a password and call support. The company can also freeze your withdrawals, and if it fails, your coins may go down with it. Many people buy on a custodial exchange and then withdraw to a self-custody wallet.

Also: loss limit, daily stop, max daily loss

For example, you stop for the day once you are down 10% of your bankroll, whatever happens next. It keeps one bad afternoon from turning into revenge trading and an empty wallet. Some bots and apps can enforce it for you; by hand it takes discipline.

Also: dollar cost averaging, averaging in, average down, averaging down

Instead of putting 2 SOL into a coin in one go, you buy 0.5 SOL four times as it moves. It smooths your entry price on things you plan to hold. On a dying memecoin, averaging down only makes the loss bigger.

Also: dead, dead chart, died, dead project

Volume drops to almost nothing, the chart goes flat and the socials stop posting. This is how almost every memecoin ends, and fast: one count found 79% of pump.fun coins never traded again after their launch day. You can usually still sell a dead coin, but with so little liquidity, even a small sell pushes the price down hard.

Also: decentralized finance, defi app

Swapping on a DEX, lending, borrowing and adding liquidity to a pool are all DeFi. When you trade a memecoin on PumpSwap or Raydium you are using DeFi: no account and no ID, just your wallet signing transactions. The flip side is that nobody can reverse a mistake for you.

Also: degens, degenerate, degening, degen play

Short for degenerate, and used with pride. A degen apes fresh launches, trades with leverage and holds coins with ridiculous names. The word is half joke and half warning: degen plays sometimes win big, and most of them lose.

Also: developer, creator, deployer, token creator, devs

On a launchpad anyone can be a dev in a few clicks, and most memecoin devs write no code at all. What matters is what they do next: how much they bought, whether they hold or sell, and whether they stick around. A dev who sells the moment buyers arrive has 'dev sold', one of the most common ways a coin dies.

Also: initial buy, creator buy, dev bought

On pump.fun the creator can buy at launch, before anyone else gets the chance. A small dev buy is normal. A large one means the dev holds a big slice of supply bought at the lowest price there will ever be, and can sell it into your buys later.

Also: dev dumped, ds, dev sell, dev exited

Terminals often mark coins where the creator's wallet sold, because it tells you the person who launched the coin has taken profit or moved on. It is not always the end: some coins run after the dev sells, sometimes as a CTO. A dev who sells everything in the first minutes, though, suggests the launch was a quick grab.

Also: creator wallet, deployer wallet, dev holdings, dev holds

You can look it up on any explorer or terminal and see how much it holds and every coin it launched before. A dev wallet that launched 40 coins last week, all of them dead, is telling you something. Watch for devs moving tokens to other wallets so that 'dev holds 0%' looks clean.

Also: decentralized exchange, dexes, on-chain exchange

There is no account and no ID check: you connect a wallet and swap. Raydium, Meteora and PumpSwap are DEXes on Solana. Every memecoin trades on a DEX first, and only a handful ever get listed on a big exchange.

Also: dex paid, dexscreener paid, enhanced token info, paid dex, dex updated

A coin's DexScreener page starts out bare. Paying for Enhanced Token Info adds the picture, banner and socials, and it cost $299 as of October 2026, so 'DEX paid' tells you someone spent real money on the coin. It is a small sign of effort and no more than that: plenty of rugs pay for DEX too.

Also: dex screener, dexs, dexscreener.com

Paste a contract address and DexScreener shows the chart, market cap, liquidity, volume, buys and sells, and the coin's links. Its trending list is one of the main places new traders find coins, which is why teams pay for boosts to climb it. It shows trading data only, so pair it with a holder check.

Also: diamond hand, diamond handed, diamond handing

The opposite of paper hands. Diamond hands made people rich on the few coins that kept running, and kept many more holding coins all the way to zero. Holding only makes sense while the reason you bought is still true.

Also: dipping, the dip, dipped

Buying the dip means buying after a drop in the hope it bounces. On a memecoin a dip can be a healthy pause or the first step of the end, and the chart alone rarely tells you which. Check who sold before you call it a dip.

Also: disposition bias

Selling a winner feels good and selling a loser feels like admitting a mistake, so people do the first fast and put off the second. In memecoins that means small wins and big losses, which adds up to losing money. Take-profits and stop-losses decided before you buy are the usual fix.

Also: holder distribution, supply distribution, well distributed, distributing

Good distribution means many holders and no single wallet or group owning a big chunk. Bad distribution means the dev, bundlers or one cluster hold much of the supply and can crash the price whenever they like. Traders judge it with the top 10 share and a bubble map. 'Whales are distributing' means something else: big holders selling into a rally.

Also: wallet drainer, drained, drainer link, drainer site

Drainers hide behind fake mints, fake airdrop claims, fake 'verify your wallet' bots and lookalike sites. You connect, a pop-up asks you to approve something, and one signature hands over your tokens and SOL. Read every wallet pop-up, use a separate wallet for unfamiliar sites, and never sign anything on a page you reached from a DM.

Also: drawdowns, max drawdown, dd

If your trading wallet peaked at 10 SOL and now holds 7 SOL, you are in a 30% drawdown. Deep drawdowns are hard to climb out of: after losing 50%, you have to double what is left just to get back. Watching your drawdown is how you notice a strategy has stopped working.

Also: dumped, dumping, dumper, dumped on

'The dev dumped' means the dev sold a lot at once and the price crashed. Because memecoin pools are small, a dump can take half the price or more in seconds. Whoever sells first gets the best price, which is why dumps happen so fast.

Also: do your own research

It is often posted right after someone shills a coin, as a disclaimer. Real research on a memecoin means checking the contract address, the holders, the dev wallet, the liquidity and the socials yourself. Someone who says DYOR and then pushes you to buy right now is not interested in your research.

Also: entries, entry price, entry point, average entry, my entry

'My entry was 40k' means you bought when the coin's market cap was $40,000. Your entry decides everything after it: the same coin can be a 5x for one trader and a loss for another. Late entries are how most people lose money on coins that 'did a 10x'.

Also: exits, exit plan, exit price, exiting

A plan might be: sell half at 2x, a quarter at 5x, keep the rest as a moonbag, and sell everything if it falls 30% below your entry. Without a plan, greed keeps you in too long and fear shakes you out too early. Writing the plan down before you buy makes it much easier to follow.

Also: exit liq, being exit liquidity, you are the exit liquidity

For someone to take profit, someone else has to buy their tokens. When a KOL calls a coin they bought cheaply, the followers who rush in are the exit liquidity. If you keep hearing about coins only after they have already run, you are probably someone's exit liquidity.

Also: edge, expected value, ev

Expectancy is win rate times average win, minus loss rate times average loss. A trader who wins half the time, with wins of +60% and losses of -40%, makes 30 minus 20, or +10% per trade on average before fees. Fees come off every trade, so a strategy is only worth running if the number stays positive after them.

Also: failed tx, tx failed, failed trade, dropped transaction

Trades fail when the price moves past your slippage, when the network is busy and your fee is too low, or when the pool changes before your trade lands. Solana still charges the base and priority fee on a failed transaction. In a fast market a failed buy means you miss the coin, and a failed sell can leave you stuck in a falling one.

Also: fair launched, fairly launched, fair

No presale, no team allocation, no private round: everyone buys from the same starting point on the same curve. pump.fun made this the normal way to launch a memecoin. In practice snipers, bundlers and the dev's own buy can still grab a big share in the first seconds, so read the holder list to see whether a 'fair launch' really was.

Also: fake airdrops, scam airdrop, claim scam, scam token

A token you never bought appears in your wallet, named like a reward: 'Claim 2,000 USDC at...'. The site asks you to connect and sign, and that signature empties your wallet. Do not visit it and do not try to sell the token; hide it in your wallet and ignore it.

Also: fully diluted valuation, fully diluted market cap, fdmc

FDV is price times maximum supply. For most memecoins the whole supply exists from launch, so FDV and market cap are the same number. It matters for projects that release tokens over time: a $10 million market cap with a $100 million FDV means nine times more tokens than are trading today are still waiting to come out.

Also: fees stack, all-in cost, total fees, trading costs

Each fee looks small on its own. Stacked on a small buy and its sell, a 1% platform fee each way plus pool and creator fees, priority fees and tips can cost several percent before the price moves at all. Small trades are hit hardest, because priority fees and tips do not shrink with the trade.

Also: fear of missing out, fomoed, fomo'd, fomoing, fomo buy

You see a coin up 400% in an hour and buy because you cannot bear watching it climb without you. FOMO buys tend to land near local tops, since that is when the excitement is loudest. Not to be confused with FOMO, the social trading app.

Also: fomo.family, fomo family, fomo app

FOMO is a phone app, with a web version, built around a feed of other people's buys and sells and quick trading in a couple of taps. You can sign up without writing down a seed phrase. As of October 2026 it trades on Solana and six other chains. The platforms page lists its strengths, weaknesses and fees.

Also: freeze, freezable, freeze auth, freeze enabled

If a coin's freeze authority is still active, its owner can lock your tokens in your wallet whenever they like, which turns the coin into a trap. pump.fun coins launch with it switched off, so this mostly matters for coins created other ways. RugCheck, explorers and most terminals show whether it has been revoked.

Also: frens, friend, gm frens

'GM frens' is the standard morning post in coin chats, and it sets a friendly, joking tone. Remember that someone calling you fren may still be selling to you.

Also: fresh wallets, new wallet, fresh, fresh buyers

Real newcomers exist. But when a coin's top holders are all wallets created minutes before launch, funded with similar amounts and buying nothing else, it usually means one person spreading a big buy to look like many. Some terminals show a fresh wallet share for each coin, and a high one is a good reason to look closer.

Also: front-running, frontrun, frontrunning, front run

If a bot spots your big buy before it is confirmed, it can buy first, let your buy push the price up, and then sell to you or right after you. Front-running is the first half of a sandwich attack. Keeping your slippage tight limits how much anyone can make by front-running you.

Also: fear uncertainty and doubt, fudding, fudder, fudded

Sometimes FUD is a coordinated attack so someone can buy cheaper. Just as often, 'that's FUD' is what holders say about a real red flag, like the dev wallet selling. Check the claim yourself on-chain instead of trusting either side.

Also: gas fee, gas fees, gas money

'Gas' comes from Ethereum, where a transaction can cost dollars. On Solana the base fee is 5,000 lamports per signature, a tiny fraction of a cent, but trading apps add priority fees and tips that cost much more. When people say gas on Solana they usually mean the whole cost of getting a trade through.

Also: global fees, total fees paid, fees paid

Depending on the tool it counts network fees, priority fees, tips and pool fees. Traders use it as a lie detector for volume: a real crowd fighting to get in pays real fees, while bots trading with each other pay as little as they can. Big volume with tiny global fees is a warning sign, though it is a clue and not proof.

Also: good morning, gn, good night

Posting 'gm' is how people say hi in chats and on X, whatever the time zone. 'gn' is good night. It is a friendly ritual with no hidden meaning.

Also: gmgn.ai, gmgn ai

GMGN shows new coins, the top traders on each coin, labelled smart money wallets and holder stats, and lets you trade from the web or from Telegram. Its wallet data makes it popular for copy trading and for checking who is buying. The platforms page lists its strengths, weaknesses and fees.

Also: graduate, graduated, bonded, curve complete, completed curve

On pump.fun a coin graduates once its bonding curve sells out, after buyers have put in about 85 SOL. Its liquidity then moves into a PumpSwap pool and it trades like any other DEX token. Only a small share ever get there: one count covering November 2025 to October 2026 found about 1 in 58.

Also: liquidity pull, lp pull, pulled liquidity, pulled lp

It needs a switch the creator kept: the LP tokens of a pool they built, the mint authority, the freeze authority, or an extra setting like a permanent delegate. pump.fun switches these off for every coin and burns the LP tokens when a coin graduates, so a crash there is usually a soft rug, insiders selling into buyers. Some traders call any sudden dev dump a hard rug; this guide calls that a soft rug. Revoked authorities and burned or locked LP, checked before you buy, are the defence.

Also: hardware wallets, ledger, trezor, hw wallet

Ledger and Trezor are the best-known makers. You approve every transaction by pressing a button on the device, so malware on your computer cannot sign for you. Buy one only from the maker's own store, never second-hand, and never type its recovery words into anything.

Also: hodling, hodler, hold on for dear life, hodled

It started with a misspelled 'I AM HODLING' post on a Bitcoin forum and became a motto for holding through crashes. It made sense for Bitcoin over years. On a memecoin, holding should be a choice with a reason, because most of them never come back.

Also: holder reward, rewards for holders, holder rewards coin

The creator picks it at launch instead of keeping the fee. pump.fun collects the fee and pays it out from time to time to wallets holding at least about $20 of the coin, split by how much each one holds. The amount depends on trading volume, the cost of sending it comes off first, and pump.fun says it is not guaranteed. A few cents of rewards mean little if the coin falls, so never buy a coin for them.

Also: holder count, holder, number of holders, holder growth

A rising holder count usually means new people are buying. But one person can create a hundred wallets, so the count alone says little. How the supply is spread matters more: 2,000 holders where the top 10 own 15% is very different from 2,000 holders where the top 10 own 60%.

Also: honey pot, can't sell, cannot sell, sell blocked

The token is set up so buys go through and sells fail, or sells are taxed down to nothing. On Solana that is usually done with an active freeze authority or Token-2022 settings like a transfer hook, a heavy transfer fee or a permanent delegate. pump.fun coins launch with these switched off, but coins created other ways can keep them, so check before you buy.

Also: hot wallets, browser wallet, trading wallet

Phantom, Solflare and the wallets built into trading terminals are hot wallets: fast and convenient, and exposed if your device or a site you sign on is compromised. Keep only what you trade with in a hot wallet and move savings somewhere colder.

Also: impersonators, fake account, fake support, lookalike account

Impersonators copy a known trader's name and picture, reply under their posts and offer you a link or a 'private call'. Others pose as support for a wallet or exchange and ask for your seed phrase. Check the handle letter by letter, and remember that real teams never message you first.

Also: take initials, taking initials, initials out, free ride, house money

Say you put 1 SOL into a coin and it doubles: you sell half, get your 1 SOL back, and hold the rest at no cost to you. Once your initials are out, a later crash only takes profit, never your stake. Fees and slippage mean you need to sell a little more than half to really get the full 1 SOL back.

Also: insiders, insider wallets, team wallets, insider buys

Insiders might be the dev's friends, a cabal, paid promoters or the dev's own spare wallets. They buy in the first seconds, at prices nobody else could get, and they decide when the selling starts. Many terminals estimate an insider share for each coin, and the higher it is, the more of the coin sits with people who can dump on you.

Also: jeets, jeeted, jeeting

Holders call fast sellers jeets when they want everyone else to keep holding. The word is widely read as a shortened form of an ethnic slur against Indian people, and Indian traders have asked others to stop using it. 'Paper hands' means the same thing without the slur.

Also: jito tip, jito tips, block engine

Jito's block engine runs a quick auction: traders send transactions or bundles with a tip in SOL, and the best-paying ones that fit go into the block. A bundle holds up to five transactions that either all land or all fail, and its tip is only paid if it lands. Snipers and bundlers rely on it to buy in the same block a coin launches.

Also: jito bundles

A bundle pays a tip to get in, and either every transaction in it succeeds or none of them happen. That all-or-nothing rule is what lets a dev create a coin and buy from many wallets in the same instant. Trading apps also use bundles for ordinary reasons, like making sure a buy and its tip land together.

Also: jup, jupiter exchange, jup.ag

Jupiter finds the best route for a swap across Solana's DEXes, and many wallets and trading apps use its routing under the hood. It also offers limit orders and other tools. For a brand-new coin with a single pool, better routing matters much less.

Also: koth, king of the hill

For a long time, a coin that reached a set point on its curve was crowned king of the hill and shown at the top of pump.fun, which brought a wave of new eyes and buyers. That made the moment a target: some traders bought just before it hoping for the crowd, and some early holders sold into that crowd. pump.fun has redesigned its app since then and the badge may not be there today, but you will still meet the phrase in older posts and guides.

Also: key opinion leader, kols, influencer, influencers

When a KOL with 200,000 followers posts a contract address, buys can flood in within seconds. Many KOLs are paid to post, and many buy before posting, sometimes from alt wallets, then sell into their followers. Public KOL trackers log their wallets and trades, which is a good way to see who actually profits from the calls.

Also: know your customer, id check, identity verification

Regulated exchanges ask for an ID document and sometimes a selfie or proof of address. It is normal on a CEX and you will meet it when you buy your first SOL. No wallet, DEX or support agent will ever need your seed phrase to verify you.

Also: laddering, tp ladder, take-profit ladder, scaling out, scale out

A take-profit ladder might sell 25% at 2x, 25% at 3x, 25% at 5x and keep the last 25% as a moonbag. You will never sell the exact top, but you lock in profit on the way up instead of betting on one perfect exit. Many terminals and bots let you set a ladder in advance.

Also: lamports

1 SOL is 1,000,000,000 lamports, named after the computer scientist Leslie Lamport. Fees are counted in lamports: Solana's base fee is 5,000 lamports per signature, which is 0.000005 SOL.

Also: launchpads, launch platform, token launcher, launch site

You pick a name, ticker and picture, and the coin is live and tradable almost at once. pump.fun is by far the biggest on Solana as of October 2026; others include Bonk.fun, StonkFun, Bags and several built on Meteora's bonding curve, and which ones are popular changes from month to month. The launchpad sets the rules everyone plays by, from fees to what happens at graduation.

Also: let's go, lets go

Posted when a coin pumps, when someone apes, or when a big account mentions the coin. A chat full of LFG tells you about the mood and nothing about the coin.

Also: limit orders, limit buy, limit sell

Instead of buying now, you tell your terminal 'buy 0.5 SOL if the market cap drops to $50,000'. Limit sells work the same way for taking profit. Memecoin pools have no order book, so the platform's own system watches the price and fires the order, which means it can fill late or miss in a fast move.

Also: liq, liquid, illiquid, low liquidity

A coin with $10,000 of liquidity can be moved a lot by a $1,000 trade, while a coin with $1 million barely notices. Low liquidity means big price impact and painful exits. When the liquidity is pulled out of the pool entirely, holders are left with tokens nobody can buy, which is the classic rug pull.

Also: locked liquidity, lp lock, lp locked, liquidity locked

A lock is a promise with an expiry date: the liquidity is safe until the lock ends, and then the owner can pull it. A burn is permanent. When a coin says 'LP locked', check for how long and with which locker.

Also: lp, pool, pair, trading pair

Every DEX trade goes through a pool: you put SOL in and take tokens out, or the reverse. Whoever deposits into the pool gets LP tokens that let them withdraw their share later. On a coin's pool, those LP tokens are the key to the vault, which is why traders check whether they are burned or locked.

Also: exchange listing, cex listing, listed, binance listing

A listing on an exchange like Binance or Coinbase brings millions of possible buyers, so even a rumour of one can move a price. Only a tiny number of memecoins ever get listed, and the price often peaks around the announcement as early holders sell into the news. A chat full of 'wen listing' is hope, nothing more.

Also: loss averse

Losing 1 SOL feels worse than winning 1 SOL feels good. That pushes traders to hold losing coins to avoid making the loss real, while the loss keeps growing. A stop-loss set before you buy takes the decision away from the moment it hurts.

Also: lp burned, burned liquidity, burnt lp, liquidity burned

If the LP tokens are burned, nobody can pull the SOL out of the pool, so the 'pull the liquidity and run' rug cannot happen. pump.fun burns them for the pool it creates when a coin graduates. A burn does not stop the dev or big holders from selling their tokens into the pool, which can still crash the price. On a coin with its own pool, checkers show the burned share, and you want to see 100%.

Also: lp fees, liquidity provider fee, pool fee, swap fee

Every trade in an AMM pool pays one total fee, and that fee is split. The LP fee is the share that goes to the pool's liquidity; the rest can go to the platform and to the coin's creator. On a graduated pump.fun coin's PumpSwap pool, the LP fee is 0.02% of a 1.25% total under a 420 SOL market cap and 0.20% above it, as of October 2026. It stays in the pool as extra liquidity, because pump.fun burns the LP tokens when a coin graduates. On many other pools, such as Raydium's, most of the fee is paid to whoever provided the liquidity. It is one layer of the fee stack on every buy and sell.

Also: lp token, liquidity tokens, pool tokens

When someone adds liquidity, the pool gives them LP tokens in return. Whoever holds the LP tokens for a coin's pool can pull that liquidity out, which is why traders want them burned. pump.fun burns the LP tokens of the pool it creates when a coin graduates.

Also: maker, unique makers, unique traders, traders

DexScreener and other tools show makers next to volume. $1 million of volume from 150 makers is a few wallets trading a lot, often with themselves. The same volume from 3,000 makers looks much more like a real crowd, although wallets are cheap to create.

Also: mcap, mc, market capitalization, marketcap, mkt cap

Memecoin prices are tiny fractions of a cent, so traders talk in market cap. A coin with 1 billion tokens at $0.00005 each has a $50,000 market cap. Market cap is not money sitting in the coin: a $1 million coin may have only $100,000 of liquidity, and nobody could sell $1 million worth at that price.

Also: mm, market making, market makers

On big exchanges market makers keep prices smooth. With memecoins the term often means paid services that trade a coin back and forth to keep its chart and volume alive, which shades into wash trading. Very regular, same-sized trades on a small coin are a hint that one is at work.

Also: market buy, market sell, instant buy, quick buy

Almost every memecoin trade is a market order: you click buy and get the pool's current price plus your own price impact, as long as it stays within your slippage. It is fast, but in a quick move the price you get can be far from the price you saw.

Also: mayhem, agent mode, mayhem coin, mayhem coins

A creator can switch it on at launch. The coin is then born with 2 billion tokens instead of 1 billion, because the agent's extra billion is minted in the same transaction. The agent trades the coin during its first 24 hours, and whatever it still holds after that is burned. For a buyer it means a large automated trader is active in the coin early, and the supply differs from the usual 1 billion, so read the real supply before you work out a market cap.

Also: meme coin, memecoins, meme coins, meme token

A memecoin is worth what people will pay for it and nothing more. Dogecoin started the idea in 2013, and on Solana launchpads made it possible to create one in a minute, so tens of thousands can launch in a single day. A handful become famous, and most go to zero within days.

Also: memory pool, private mempool, public mempool

Ethereum has a public mempool that anyone can watch, which is how sandwich bots there find their targets. Solana has no single public mempool, and Jito shut down its own in March 2024 to cut down sandwich attacks. Private ones still exist, which is why sandwiches still happen on Solana.

Also: metas, current meta, the meta, meta play

One week it is AI agents, the next it is dog coins, then coins about a viral animal from TikTok. While a meta is hot, new coins that fit it get bought just for fitting. Metas rotate fast, and the late coins in a meta usually do worst.

Also: meteora dlmm, dlmm, damm, dbc, dynamic bonding curve

Meteora runs AMM pools, including DLMM pools that group liquidity into price bins, and offers a Dynamic Bonding Curve that other launchpads use. So a coin can launch on a Meteora curve and graduate to a Meteora pool without ever touching pump.fun. Chart sites show the DEX and pool type next to each pair.

Also: maximal extractable value, mev bot, mev bots

Transactions wait a moment before they are confirmed, so a bot that sees yours first can trade around it. The best-known form is the sandwich attack. Some MEV is harmless, like keeping prices in line between pools, but the kind that hits memecoin traders buys before you and sells after you.

Also: anti-mev, mev protect, mev shield, anti-sandwich

Many terminals and bots offer an MEV or anti-sandwich mode that sends your transaction straight to block producers instead of where bots can watch it. It lowers the risk without removing it, and trades can sometimes land a little slower. Tight slippage is still your main defence.

Also: migrated, migrating, migrate, migrations

When a pump.fun coin graduates, the SOL and remaining tokens from its curve go into a PumpSwap pool. Since PumpSwap launched in March 2025 that happens instantly; before that, coins moved to Raydium. The minutes around migration are often wild, as snipers buy the new pool, curve buyers take profit and, on most new pump.fun coins, BOOST buys the coin for about five minutes.

Also: attention, share of voice

When everyone in your feed is posting the same frog, that frog has mindshare. Price tends to follow mindshare and mindshare moves fast, so a coin that loses attention usually loses buyers soon after. Some tools try to measure it by counting mentions.

Also: mint auth, mintable, mint enabled, minting

If the mint authority is still active, its owner can print more tokens and sell them, diluting every holder. It should be revoked, which fixes the supply forever. pump.fun coins launch with it revoked; for coins made other ways, check it on RugCheck, an explorer or your terminal.

Also: mooning, to the moon, moonshot, mooned

'This is going to moon' is the most common promise in crypto, and a coin that is 'mooning' is going straight up. When a stranger says a coin is about to moon, remember they usually hold it and need buyers.

Also: moon bag, moonbags

You sell most of a winner and leave, say, 10 to 20% to ride. If the coin dies you lose little, and if it goes 50x that small bag pays well. A moonbag only works when you have already taken profit.

Also: narratives, story, theme, narrative play

A memecoin has no earnings, so the story is the product: a viral animal, a famous person's post, a news event, a joke everyone is in on. Strong narratives spread across X, TikTok and Telegram on their own, while weak ones need paid shills. Narratives fade, often within days, and the coin usually fades with them.

Also: withdrawal network, wrong network, deposit network

Exchanges let you withdraw some coins on several networks. To send SOL to a Phantom wallet you pick the Solana network, and the address must be a Solana address. Send on the wrong network and the funds can be stuck or lost, so check it twice and send a small test amount first.

Also: transaction fee, tx fee, solana fee, fees

The base fee is 5,000 lamports (0.000005 SOL) per signature: half is burned and half goes to the validator. Most trades add a priority fee and often a tip to get through faster, and that is where the real cost sits. The fee is charged even when a transaction fails.

Also: not financial advice

'This is going to 10x, NFA' is the classic form. The disclaimer does not change what the post is: someone trying to get you to buy. Read it as a reminder that the person posting carries none of your risk.

Also: not gonna make it, not going to make it

Selling a winner far too early, falling for an obvious scam or betting against a coin that then went 50x can all earn an NGMI. It is mostly a joke. The opposite is WAGMI.

Also: normies, normie money, newcomer

There is an old saying that when normies buy, it is the top: by the time a coin is on TV or a friend who never trades asks about it, early buyers are often selling. If you are new, you are the normie in the room, and that is fine. Learning the basics first is how you stop being easy money.

Also: onchain, on chain, off-chain

Every buy, sell, transfer and wallet balance on Solana is on-chain and public for good. That is how you can see what a dev did or whether a KOL really bought. What people say on X or Telegram is off-chain, and on-chain data is how you check it.

Also: onramp, fiat on-ramp, off-ramp, fiat, cash out

Exchanges, some wallets and payment services let you buy SOL with a card or a bank transfer. The off-ramp is the reverse: selling crypto for money you can spend. Fees vary a lot between on-ramps, so compare the final amount before you pay.

Also: organic volume, organic buyers, organic growth, organic holders

Organic growth looks messy: many different buy sizes, a steady trickle of new holders, people talking about the coin in their own words. Fake growth looks too tidy: identical buys, wallets funded from one place, the same post from twenty accounts. Most coins are a mix, and telling them apart is a big part of reading a coin.

Also: over-trading, trading too much

Every trade pays fees, so fifty small trades a day can cost more than a week of careful ones. Overtrading also means more coins you did not check properly. A trading journal shows it quickly, because most of the extra trades lose.

Also: peer to peer, p2p market, p2p trading, p2p merchant

You pay the seller by bank transfer or another method, and the exchange holds the crypto until both sides confirm. It can be cheaper than paying by card, and it is also where many payment scams happen. Keep every step inside the exchange's own P2P screen, and never deal with someone who messages you first.

Also: paper hand, paper handed, paperhands, paper-handed

It is a mild insult: 'I paper-handed at 2x and it went 20x.' Holders shout it at sellers to keep the price up. Sometimes paper hands is just good risk management, and nobody has a name for the seller of a coin that later went to zero.

Also: paper balance, paper funds

Many apps and bots let you start with paper money, so you can see how a strategy or a platform behaves before you risk any SOL. The prices are real; only the money is not. Expect real results to be somewhat worse, because real trades meet fees, slippage and failed transactions that a paper balance may not fully copy.

Also: paper mode, paper trade, demo trading, paper trades

You follow real prices and log what would have happened if you had bought and sold. It is the safest way to learn a platform or test a strategy. Paper results usually look better than real ones, because real trades pay fees, slippage and the cost of failed transactions.

Also: permanent delegate authority, delegate

It exists for regulated assets that may need to claw tokens back. On a memecoin it means someone can take your tokens whenever they like, and you cannot switch it off. Checkers like RugCheck flag it, and it is a good reason not to buy.

Also: perpetuals, perpetual futures, leverage, liquidation, liquidated, longs, shorts

With 10x leverage, a move of a little under 10% against you wipes out your whole stake, because the platform closes your position before it goes below zero; that is getting liquidated. Some trading apps now offer perps right next to memecoins. Leverage multiplies losses as fast as gains, so it is no place to start.

Also: profile picture, pfps

In crypto, people often use a cartoon or an NFT as their PFP and are known by it. Some memecoin communities share a PFP style to show they hold the coin. A popular PFP is easy to copy, so it proves nothing about who runs an account.

Also: phantom wallet, phantom app

Phantom runs as a browser extension and a phone app. It holds your keys, shows your tokens, lets you swap, and connects to sites like pump.fun and trading terminals. It is a hot wallet, so protect your seed phrase and read every approval pop-up.

Also: phish, scam link, fake site

Typical traps: a DM from 'support' asking for your seed phrase, a copy of a trading site one letter off, a hacked account posting a 'claim' link, a fake collab offer with a file to download. Real support never messages you first and never needs your seed phrase. Bookmark the sites you use and open them only from your bookmarks.

Also: trading fee, bot fee, terminal fee, fee per trade

Many terminals and Telegram bots charge around 1% of every buy and every sell, some less, so check each platform's own page. You pay it twice on every round trip, and for active traders it is often the biggest cost of all. Fifty round trips a day of 0.5 SOL each at 1% is 0.5 SOL a day in platform fees alone.

Also: p&l, profit and loss, unrealized, realized, pnl card

Realized PnL is locked in by selling; unrealized PnL is what your open bags are worth right now compared with what you paid. Count fees, slippage and failed transactions, or your PnL will look better than your wallet. People post PnL cards of their wins and almost never of the losses before them.

Also: political coins, politics coins, politifi meta

They spike around elections, speeches and scandals. The TRUMP coin launched in January 2025, three days before the inauguration, and later fell far below its peak. Most coins named after politicians are launched by strangers, so check the person's own official accounts before believing one is real.

Also: sizing, position sizing, bet size, size, sizing up

A common rule is to risk only a small slice of your trading money on any one coin, so a single rug cannot wipe you out. If your trading wallet holds 10 SOL and you put 0.2 SOL into each coin, ten rugs in a row cost you 2 SOL, not everything. Position size is the one thing you fully control.

Also: pre-sale, private sale, whitelist, wl

Presale buyers get tokens cheaply before the market opens, and often sell the moment it does. For memecoins, presales have a bad name: many are collected by anonymous teams who never launch, or launch and dump. Sending SOL to a wallet for a 'presale' means trusting a stranger with your money.

Also: impact, price impact

In a small pool, a big buy pushes the price up as it fills, so you pay more per token than the price you saw. A 2 SOL buy into a pool holding 20 SOL moves the price far more than the same buy into a pool holding 2,000 SOL. Your slippage setting caps how much of this you will accept.

Also: priority fees, prio fee, prio, compute unit price

You set a price per unit of computing work and pay it on top of the base fee, and busier moments call for a higher price. Trading apps usually set it for you, and it can cost far more than the base fee. On small trades it adds up: paying 0.001 SOL to buy and again to sell a 0.1 SOL position costs 2% before the price has moved at all.

Also: private keys, secret key, export key, pk

Your seed phrase generates your private keys, and most wallet apps can also export a single key. Anyone with it can sign transactions as you and empty the wallet, and nobody can reverse that. Never paste it into a website, a bot or a chat, whatever reason you are given.

Also: pull back, retrace, retracement, correction

A coin goes from a $100,000 market cap to $300,000, drops back to $220,000, then climbs again: that drop was a pullback. Healthy runners often pull back and hold, while dying coins pull back and keep going. You only know which it was afterwards.

Also: pumping, pumped, pumps

'It's pumping' means buyers are pushing the price up hard right now. A pump can come from real interest or be arranged by a group that plans to sell into it. The word is also part of the name pump.fun.

Also: p&d, pnd, pump & dump

The group buys quietly, then shills hard through callers, KOLs and fake volume. New buyers rush in, and the group sells into them, leaving a chart that looks like a spike followed by a cliff. The later you hear about the 'pump', the more likely you are the one being dumped on.

Also: pumpfun, pump fun, pump.fun app

Anyone can launch a coin on pump.fun in about a minute. It trades on a bonding curve until it graduates, then moves to pump.fun's own DEX, PumpSwap. Its coins launch with mint and freeze authority revoked, and their contract addresses usually end in 'pump'.

Also: boost mode, pump boost, pump.fun boost, post-graduation buyback

Since July 2026 it has been the default for most new pump.fun coins. When a coin graduates, about a fifth of the liquidity that used to sit in the new pool is instead used for automatic buys over roughly the first five minutes, and every token bought is burned. It only starts after graduation, so it cannot rescue a coin that never fills its curve, and once the five minutes are over the price rests on real buyers alone. Not to be confused with DexScreener boosts.

Also: pump swap, pump amm, pumpswap pool

PumpSwap launched in March 2025, and since then graduating pump.fun coins move into a PumpSwap pool straight away. It is an AMM: you trade against a pool and pay a small fee on each swap, part of which goes to the coin's creator. Coins that graduated before it existed may still trade on Raydium.

Also: pvp trenches, player versus player, pve

Trading fresh launches is largely PvP. There is no business behind the coin paying out profits, and fees come off the top, so overall traders can only win what other traders lose. 'The trenches are too PvP right now' means traders are mostly farming each other and little new money is coming in.

Also: raids, raiding, raid bot, x raid

A raid leader drops a link in the Telegram, and members pile into the replies with the coin's name, memes and rocket emojis. The goal is to make the coin look popular to outsiders. Raids show a community is active and organised, and they also make real interest hard to tell from coordinated noise.

Also: ray, raydium amm, launchlab, raydium launchlab

Raydium runs AMM pools that most Solana tokens have traded on at some point, and pump.fun coins graduated to Raydium until PumpSwap launched in 2025. It also runs LaunchLab, the launchpad toolkit that Bonk.fun is built on. You will see Raydium named as the DEX on a lot of charts.

Also: recovery scams, fund recovery scam, recovery expert

After someone posts that they were drained, 'recovery experts' show up in the replies and DMs. They charge a fee up front or ask for your seed phrase, and nothing is ever recovered. Stolen crypto almost never comes back, and anyone promising otherwise for a fee is running the scam.

Also: referral, ref code, referral link, invite code

Many trading apps cut your fee a little if you sign up with someone's code, and pay part of your fees to whoever referred you. That is why so many posts end with a referral link. Using one is fine, but pick a platform for its features and safety, never for the code.

Also: wrecked, got rekt, get rekt

Buying the top of a coin that then rugs gets you rekt. People use it for small losses and wiped-out accounts alike. Sensible position sizes are what keep one rekt trade from becoming a rekt wallet.

Also: relaunched, re-launch, v2, new ca

If a coin dies but its meme is still strong, someone may launch it again on a new contract: sometimes the original dev, often a stranger. Relaunches can run hard because people already know the meme. Several copies often appear at once, so check which contract the community and the original accounts actually back.

Also: renounce, revoked, authority revoked, ownership renounced, revoke

Once the mint and freeze authorities are revoked, nobody can print new tokens or freeze holders, ever. It is one of the first checks on any coin not made on a big launchpad. It does not protect you from the dev selling, from bundlers, or from liquidity being pulled on a coin with its own pool.

Also: rent deposit, token account rent, close accounts, reclaim rent, rent exempt

Each new token your wallet holds needs its own token account, and opening one locks a small deposit: about 0.0015 SOL in October 2026, and set to fall as a network change rolls out in steps. When you sell a coin and close the empty account, that SOL comes back to you. Traders who have touched hundreds of coins can have a noticeable amount sitting in old empty accounts, and many wallets offer to close them.

Also: resistance level, ceiling, overhead supply

If a coin keeps reaching a $500,000 market cap and falling back, that level is resistance, often because people who bought there earlier sell as soon as they break even. A clean break through it can bring in new buyers. On young memecoins these levels are weak and break easily both ways.

Also: revenge trade, revenge trades

You lose 1 SOL on a rug, so you throw 2 SOL into the next coin without checking it. That is revenge trading, and it is one of the fastest ways to empty a wallet. A simple fix: after a big loss, stop trading for the day.

Also: second leg, comeback, revived, second wind

Some coins dump after launch, go flat for days, and then rally on something new: a CTO, a famous post, a fresh meta. Revivals are rare next to the number of coins that simply stay dead. Holders of dead coins wait for one, and people who bought the top often sell into it.

Also: rotating, rotate, money rotating

When a meta cools, traders sell those coins and buy into the next hot thing. You see it as volume drying up on one group of coins and jumping on another. Catching a rotation early is hard, and holding the coins money is rotating out of is easy and painful.

Also: round tripped, round-tripped, roundtrip, gave it all back

You pay fees on both the buy and the sell, so a 1% app fee costs about 2% per round trip. As slang, 'I round-tripped it' means your coin went 5x, you held for more, and it slid back to where you bought. It is one of the most painful and most common outcomes in memecoins. Taking initials or using a trailing stop are the usual cures.

Also: rpc node, rpc endpoint, node

Your wallet does not talk to Solana directly: it asks an RPC node for balances and sends your signed transactions through one. A slow or overloaded RPC means stale prices and slow or failed trades. Trading apps run fast RPC setups, which is part of what their fees pay for.

Also: rug, rugpull, rugged, rugging, pulled the rug, got rugged

A hard rug uses a switch the creator kept, like pulling the pool's liquidity. On launchpad coins, where those switches are off, a rug is usually a soft rug: the dev and their linked wallets sell a big supply into buyers, all at once or bit by bit. The price can fall 80 to 99% and almost never comes back. 'I got rugged' is probably the most common sentence in the trenches.

Also: rug check, rugcheck.xyz, rug checker

Paste a contract address and it reports things like mint and freeze authority, LP burns and locks, top holders and risky token settings, with an overall risk summary. It is good at catching the mechanical traps. It cannot tell you whether the dev and their friends are about to sell, so treat a clean result as a starting point.

Also: runners, running, it's running

Runners are what everyone in the trenches is hunting. They usually combine a strong narrative, real buyers and holders who do not dump early. They are rare: nearly every coin launched the same week went nowhere.

Also: sandwich, sandwiched, sandwich bot, sandwiching

The bot sees your buy waiting, buys first to push the price up, lets your buy fill at that worse price, then sells into the higher price your buy created. Your loss is the bot's profit. High slippage settings invite it, so keep slippage tight and prefer apps that offer MEV protection.

Also: seed, recovery phrase, secret recovery phrase, mnemonic, 12 words, 24 words

Write it on paper and keep it offline. Never type it into a website, never screenshot it, and never share it with 'support', a bot or a friend. If anyone ever asks for your seed phrase, it is a scam, every single time.

Also: self custody, non-custodial, not your keys

With a self-custody wallet like Phantom, no company can freeze or lose your funds, and no company can rescue them if you lose your seed phrase. On an exchange it is the other way round: the exchange holds the keys. 'Not your keys, not your coins' is the old saying for why people withdraw to their own wallet.

Also: sending it, it's sending, sent, send

'Send it' is a cheer for a coin to pump or a dare to make a big bet. 'It's sending' means the price is flying. Both are moods, and neither is a plan.

Also: sir

Used jokingly and politely: 'ser, the chart is upside down' or 'wen moon ser'. It is just friendly chat slang.

Also: shilling, shilled, shiller, paid shill, paid promo

Shilling ranges from a holder posting about their bags to paid accounts posting the same coin on cue. A good shill sounds like excitement rather than an ad. If someone is pushing a coin, assume they hold it and will sell some of it into your buy.

Also: shitcoins, shitter, shitcoining

Traders use it with affection as often as scorn, and 'trading shitcoins' just means trading memecoins. In the trenches it is more a plain description than an insult.

Also: sign, signature request, approve, wallet pop-up, sign message

When a site wants your wallet to do something, a pop-up asks you to sign. Signing a transaction can move your funds, so read what it says it will do before you approve. If a pop-up appears that you did not expect, reject it.

Also: slip, slippage tolerance, max slippage

With slippage set to 10% on a buy, the trade only goes through if you get no more than 10% fewer tokens than quoted. Set it too low and your trades fail in fast moves; set it too high and bots can sandwich you for the whole gap. Many traders use high slippage on fresh launches, which is exactly what sandwich bots look for.

Also: slow rugging, slow rugged

Instead of one big dump, the dev or insiders sell small amounts every few minutes or hours, keeping the chart looking alive while the price drifts lower. Holders keep waiting for a bounce that never comes. Steady small sells from a few connected wallets are the giveaway.

Also: smart wallets, smart wallet, smart traders

Trading tools label wallets 'smart money' when they have made money over many trades, and seeing several of them buy a coin can be a useful signal. The labels are based on past results, some smart wallets were simply insiders, and by the time you copy a buy you are paying more than they did.

Also: snipers, sniping, snipe, sniped, sniper bot

Snipers watch for new coins and fire buys instantly, using fast servers, priority fees and tips. They get the lowest prices and usually sell into the first wave of real buyers. A coin where snipers grabbed a big share at launch has a lot of selling waiting above you, which is why terminals show a sniper share for each coin.

Also: email login, google login, embedded wallet, sign in with google

Some apps create a wallet for you behind an email login, which is much easier for a first-timer. The keys are usually held with the help of an outside provider, so check how you can export your key or recover the wallet if the app goes away. It is convenient, and it means trusting that company's setup.

Also: links, website, telegram, x account, tg, community

Real effort on socials is a small good sign: an active community, a decent site, posts that started before launch. Bought followers, a site made in five minutes and a chat where nobody can post are not. Check that the links on the coin page match the ones the community actually uses, because impostor accounts are common.

Also: soft rugged, soft rugging

Nothing technical breaks: the dev dumps their bag, deletes the socials and moves on. For holders the result looks a lot like a rug. On launchpad coins, where liquidity cannot be pulled, it is a very common way for a coin to die.

Also: solana coin, sol price, wsol, wrapped sol

You need SOL in your wallet to do anything on Solana: every transaction pays its fee in SOL, and most memecoin pools trade against SOL. Most people buy it on an exchange and withdraw it to their own wallet. Always keep a little spare for fees so you are never stuck unable to sell.

Also: solana network, solana blockchain, sol chain

Solana makes a new block every fraction of a second and its base fee is a fraction of a cent, which suits fast memecoin trading and launchpads like pump.fun. Everything on it, from wallets to trades, is public. Its coin is SOL.

Also: spl, spl tokens, token program, solana token

Every memecoin on Solana is an SPL token: one mint account that defines the token, plus a token account for each wallet that holds it. Both the original token program and the newer Token-2022 make SPL tokens. The first time your wallet holds a new token, it pays a small refundable deposit called rent.

Also: spot, spot trading, spot buy

On an exchange, the spot market is where you buy SOL itself, which you can then withdraw to your wallet. Futures and perps are bets on the price with leverage, and they can be liquidated. For your first SOL, use spot.

Also: stablecoins, usdc, usdt, stables, usd1

Traders park profits in stablecoins so they do not swing with SOL's price. On Solana, USDC and USDT are the main ones. A few launchpads also let coins trade against a stablecoin instead of SOL.

Also: stealth launched, stealth

The idea is to beat snipers and insiders: the coin simply appears, and the first buyers are whoever notices. In practice sniper bots watch every new coin anyway, so going stealth mainly cuts out the dev's own audience. And some 'stealth' launches were announced in a private chat first.

Also: sl, stop, stop loss, stopped out

You buy at a $100,000 market cap and set a stop-loss at $70,000, so if it drops 30% you are out. On memecoins a stop can fill well below your level in a fast crash, and a rug can be quicker than any stop. It still caps most losses far better than hoping.

Also: token supply

Most pump.fun coins start with 1 billion tokens, but Mayhem mode coins start with 2 billion, and burns can take a coin a little below its starting number, so check the supply before you work out a market cap. Who holds the supply matters more than the total: the top wallets, the dev and the bundlers. Supply can shrink through burns, and it can only grow if the mint authority is still active.

Also: support level, floor

If a coin keeps bouncing off a $200,000 market cap, buyers are stepping in there, and that level is support. When support breaks, the fall can speed up as stop-losses fire. Memecoin support is fragile: one big seller can slice straight through it.

Also: survivor bias

Your feed shows the trader who turned $100 into $100,000 and the coin that did 1,000x. It does not show the thousands of coins that died the same day, or the traders who lost. One count of pump.fun launches from November 2025 to October 2026 found that only about 1 in 58 even graduated from the bonding curve, so the winners you see are rare exceptions.

Also: swapping, swapped, token swap

In Phantom or on a DEX you pick SOL and the coin you want, see a quote and approve. Behind the scenes the swap goes through a pool or an aggregator. Check the slippage setting and the coin's contract address before you confirm.

Also: tp, take-profit, taking profit, tps, took profit

A take-profit can be done by hand or set as an automatic order, like 'sell 50% at 2x'. Profit on a screen is not profit until you sell, and memecoins can give it all back in minutes. Many experienced traders take profit in steps.

Also: tg bot, telegram trading bot, trojan, bonkbot

Bots like Trojan and BonkBot set up a wallet for you and trade from chat buttons, so you can buy from your phone in seconds. That convenience has a cost: the bot holds your trading wallet's keys, and fake copies of popular bots are common. Only start a bot from the link on its official website.

Also: symbol, cashtag, $ticker

Tickers are not unique, and hundreds of coins can share one. Search a ticker on a chart site and you will find many copies, most of them fakes or dead clones. The contract address is the only reliable way to identify a coin.

Also: tilted, on tilt, tilting

The word comes from poker. On tilt you bet bigger, skip your checks and chase the next coin to win your losses back. Spotting it in yourself is the hard part, which is why a daily loss limit set in advance helps.

Also: time-based stop, time exit

Attention is a memecoin's fuel. If a coin has gone nowhere an hour after you bought it, a time stop gets you out and frees your SOL for the next idea. Traders often use it alongside a normal stop-loss and take-profit.

Also: tips, bribe, validator tip

Tips go to block producers, usually through Jito, and work like a bid: a higher tip wins a better spot in the block. Snipers and fast trading apps tip on almost every trade. If you trade tiny amounts, tips plus priority fees can cost more than the trade is worth.

Also: tokens, coin, coins

Strictly, SOL is Solana's coin and everything else on Solana is a token, but traders call memecoins coins anyway. A token is just a record on the blockchain of which wallet holds how much. Making one takes about a minute on a launchpad, which is why there are so many.

Also: token accounts, associated token account, ata

The first time you buy a coin, your wallet opens a token account for it, which locks a refundable deposit, about 0.0015 SOL as of October 2026. Sell to zero and close the account, and the deposit comes back. That is why your first buy of a coin costs a little more SOL than later ones.

Also: token 2022, token extensions, token22, transfer fee, transfer hook

Many new coins, including pump.fun's, now use Token-2022 with only harmless extensions that store the name and picture. Other extensions can trap holders: a transfer fee can quietly tax every sell, a transfer hook can block sells, and a permanent delegate can take tokens from any wallet. When a coin uses Token-2022, check which extensions are switched on.

Also: top 10, top10, holder concentration, top 10 %, top ten

If the top 10 hold 50%, ten wallets can crash the price whenever they want. Look past the number: leave out the liquidity pool, which often shows up as the biggest holder, and check whether several top wallets are linked. A spread-out holder list is healthier than a concentrated one.

Also: top blasting, top blasted, bought the top, top buyer

'I top-blasted it' means you bought the exact high. It usually happens when FOMO finally wins after you have watched a coin run for hours. Everyone does it sometimes, and a personal rule against chasing coins that are already up many times on the day cuts down how often.

Also: holder list, biggest holders, largest holders

Read it from the top: the liquidity pool, burn addresses and exchanges are not traders, so skip them. Then look at who is left, such as the dev, fresh wallets, linked wallets and known snipers. Click a few of the biggest to see where their SOL came from and what else they hold.

Also: max supply, total tokens

Most pump.fun coins have a total supply of 1 billion tokens. Market cap is price times supply, so the same price can mean very different market caps for coins with different supplies. Burns lower the total supply, and an active mint authority can raise it.

Also: bot, bots, auto trading, automated trading, trading bots, auto trader

Bots range from simple tools that copy a wallet or sell at a set profit to fully automatic bots like Trenchpilot that pick coins and manage exits on their own. A bot is fast and never gets tired or emotional, but it only follows its rules, and no set of rules guarantees a profit. Find out exactly what a bot can do with your funds before you give it any.

Also: journal, journaling, trade log

After fifty trades a journal shows what actually works for you: which entries win, what fees cost, whether you hold losers too long. Without one you remember the wins and forget the losses. A simple spreadsheet is enough.

Also: terminal, terminals, trading platform, trading app

Terminals like Axiom, GMGN and Photon show new launches as they happen, with holder and bundle stats, wallet tracking and quick buy buttons. They make trading much faster than using a wallet and a DEX by hand. They also charge a fee on every trade, which adds up if you trade often.

Also: trailing stop loss, trailing, tsl, trailing stop-loss

Say you set a 25% trailing stop and buy at a $100,000 market cap. If the coin climbs to $400,000, your stop now sits at $300,000, and if it then drops 25% from that high, you sell. It lets you ride a runner without guessing the top, at the cost of giving back part of the move.

Also: tx, txn, transactions

Every transaction has a signature, a long ID you can look up on an explorer to see exactly what happened. When someone claims they bought or sold, the transaction is the proof. On Solana a transaction usually confirms within a second or two, or it fails.

Also: transaction signature, tx id, signature, tx signature, transaction id, tx hash

Every Solana transaction gets a long signature when it is sent. Paste it into an explorer like Solscan to see whether it landed, failed or expired, and exactly what it did. Exchanges show one for every withdrawal, and it is your proof that the SOL was sent.

Also: the trenches, trench, trenching, in the trenches, trencher

Being in the trenches means trading fresh launches where most coins rug or die, bots are everywhere and fortunes change in minutes. It is where the biggest multiples happen and where most money is lost. The people who last are usually strict about how much they bet and when they sell.

Also: trending list, trending page, trend, trending bar

DexScreener's trending score mixes trading activity, such as volume, liquidity, transactions, makers and holders, with page visits, reactions, verified token info and paid boosts. Landing on trending brings a lot of new eyes, so teams chase it. Boosts can be bought and volume can be faked, so a trending spot tells you a coin has attention and nothing more.

Also: cheap coin, price per token

People like owning millions of something, so a coin at $0.00002 feels like a bargain and one at $40 feels expensive. Both feelings are wrong, because what matters is the market cap. A coin with a tiny price and a huge supply can be far more expensive than it looks.

Also: update auth, metadata authority, mutable metadata

If it is still active, the team can swap the logo to copy a famous coin, or point the website at a scam page, after you buy. pump.fun gives it up for its coins at launch. Wallets and checkers show whether a token's details can still be changed.

Also: use case, real utility

Memecoins usually have none, and that is fine as long as everyone knows it. Be wary when a memecoin suddenly promises an app, a game or staking rewards: often it is a story to keep buyers interested while early holders sell.

Also: validators, leader, block producer

Validators take turns as leader, building blocks for a short window. Priority fees and tips go to them, which is why paying more gets you in sooner. You never deal with one directly, but every trade you make passes through one.

Also: vamping, vamped, vamps, a vamp

A coin takes off but has a flaw: its creator fees go to a stranger, the dev sold, or a few wallets hold the supply. Someone launches a near-identical coin with that flaw fixed, and holders and new buyers move over, sometimes taking it higher than the first one went. Vamps pop up whenever a meme is hot, so check which version the community has really moved to.

Also: vampire attacks, vampire

The term comes from DeFi, where a new exchange would copy a rival and pay rewards to lure its liquidity across. In memecoins it is used for a new coin set up to drain buyers and attention from one that is already running, often a near-copy of it. The slang 'vamp' carries the same idea.

Also: virtual liquidity, virtual sol, virtual reserve

pump.fun's curve starts as if it held 30 SOL and about 1.07 billion tokens, even though nobody has paid anything in yet. Those numbers set the price for the first buyer and how fast the price climbs from there. As people buy, real SOL is added on top of the virtual amounts.

Also: vol, trading volume, 24h volume, 5m volume

Volume shows how busy a coin is: $500,000 traded in an hour on a $300,000 market cap coin means it is changing hands fast. Rising volume with a rising price is a common sign of real interest. Volume is also the easiest number to fake, with bots trading back and forth.

Also: volume bots, vol bot, bump bot, bumping, maker bot

Teams pay for volume bots to push a coin onto trending lists and keep the chart lively. Typical signs are many tiny trades of near-identical size at regular intervals, from a handful of wallets that buy and sell in turn. Much of a coin's volume can be bots, so look at who is trading as well as how much.

Also: we're all gonna make it, we are all going to make it

Posted in coin chats when spirits are high. It is a nice sentiment, and in a market where most profits come from other traders, not quite a true one. The opposite is NGMI.

Also: crypto wallet, solana wallet, wallets

Your coins live on the blockchain, and the wallet holds the keys that control them. A self-custody wallet like Phantom or Solflare keeps the keys on your device, so nobody can freeze your funds, and nobody can recover them if you lose your seed phrase. Use separate wallets for savings and for trading.

Also: address, public key, pubkey, wallet id, receiving address

A Solana address is a long string of letters and numbers, a bit like a bank account number that anyone can see. Sharing it is safe; sharing your seed phrase or private key is not. Check the whole address before you send, because transfers cannot be undone.

Also: wallet tracking, wallet trackers, track wallets, wallet alerts

You add the wallets of traders, KOLs or devs you want to watch and get a ping when they move. It is how many traders spot early buys and check whether a caller really holds what they post. Well-known wallets know they are watched, and some trade on purpose to lure followers in.

Also: wash trade, wash trades, fake volume, washed volume

One person or group buys and sells between their own wallets so the coin shows high volume and lots of transactions. It fools charts, trending lists and traders who only read the numbers. It is a form of market manipulation, and with memecoins it is everywhere.

Also: wen moon, wen lambo, wen binance, wen listing

'Wen moon?', 'wen Binance listing?', 'wen CTO?': it is how holders nag a dev or each other. A chat full of 'wen' often means holders are restless and the price is stuck.

Also: whales, big wallet, big holder, whale buy

On a small memecoin, a whale may be any wallet holding a few percent of the supply. When a whale buys, the price jumps, and when a whale sells, everyone feels it. Watching what whales do is one of the main reasons traders check the holder list.

Also: wicks, shadow, long wick, wicked

A long upper wick means price shot up during that candle and sellers pushed it straight back down. On memecoins big wicks are common when a sniper or whale buys and someone sells right into them. Wicks show where buyers and sellers fought hardest.

Also: hit rate, winrate, strike rate

On its own it says very little. A trader who wins 80% of the time can still lose money if the losses are big, and one who wins 30% of the time can do well if the wins are large. Win rate only means something together with the size of the wins and losses, which is what expectancy measures.

Also: withdraw, withdrawing, withdrawals, withdrawal fee

You paste your wallet address, pick the right network and confirm, usually with 2FA. Exchanges charge a withdrawal fee and may hold a first withdrawal for security checks. The first time, send a small test amount, check that it arrived, then send the rest.