📚 DAY 8 – Learn all Crypto terms in 30 days
🔹 1. Rug Pull
→ This is when the development team withdraws all liquidity or disappears after selling the token.
📌 Usually occurs in meme projects, newly listed coins on DEX, not audited.
🔎 Early signs:
Dev holds too many tokens
Liquidity is not locked
No clear roadmap
Unusual price increase then...
📉 Result: coin drops straight to 0, no one buys back.
🔹 2. Volume (Trading volume)
→ This is the total amount of tokens bought and sold in a certain time frame (hour/day/week).
📈 High volume → good liquidity → easy order matching → less manipulation.
📉 Low volume → high slippage, easily manipulated by whales with a large order.
📌 Tip: before entering an order with a new coin, check 24h Volume > $300K before participating.
🔹 3. Farming (Profit cultivation)
→ Deposit crypto assets into a platform to receive rewards.
📌 You can farm by:
Staking: locking tokens to earn interest
Providing liquidity (LP) to earn transaction fees
Long-term lock to farm IDO/airdrop
⚠️ Dangers:
Scam projects do not allow withdrawals
Reward tokens are dumped to 0
Experiencing impermanent loss (price disparity between 2 LP assets)
🔹 4. Depeg
→ Stablecoin is deviating from the standard exchange rate (usually $1).
📌 USDC at $0.92 = is depegged
📉 UST (Terra) depeg once caused the whole market to crash deeply.
🔎 Warning when:
The collateral asset ratio is not transparent
Supply printed out unusually high
FUD or bank run (mass withdrawals)