Glossary
Presale
Also written or said as: pre-sale, private sale, whitelist, wl
Selling tokens to some buyers before the public launch.
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.
Learn it properly inFair launch: what it promises and what it does notLaunchpads and the bonding curve · 4 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.