Glossary
Cabal
Also written or said as: the cabal, cabals, cabal coin
A coordinated group that launches or buys coins together and sells to everyone else.
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.
Learn it properly inCabals, fake volume and fake callsDanger zone · 3 min readRelated words
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.