Glossary
Based
Also written or said as: based dev, so based
Praise for someone who says or does something bold and genuine.
'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.
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.