📘 Crypto Terms You Should Know and Understand (Part Three) 👇
🔹 Whale
A person or entity that holds a massive amount of a single cryptocurrency and is capable of moving the market with a single buy or sell.
🔹 Gas Fee
The fees paid to execute transactions on blockchain networks like Ethereum or Solana.
🔹 Rug Pull
When the project's developers suddenly disappear and withdraw liquidity, causing the currency to crash immediately.
🔹 Shitcoin
A cryptocurrency without utility or a real project... Often created for speculation or as a joke.
🔹 Diamond Hands
A person who does not sell regardless of how high or low prices go – the opposite of “Paper Hands” who sell quickly.
🔹 DYOR – Do Your Own Research
An abbreviation commonly used as a reminder: Don't invest based solely on others' opinions, do your own research.
🔹 Tokenomics
A term that expresses the way the currency's supply is distributed: How many tokens are there? How are they distributed? Is there burning or vesting?
🔹 Vesting
A mechanism used to gradually distribute tokens to the team or investors, to prevent mass selling upon listing.
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Part Two 👇