📚 Mini Crypto Dictionary – Edition: Words you'll definitely come across.
🔸 Degen:
Abbreviation of "degenerate." Used for those who invest in risky projects without much analysis… pure FOMO and adrenaline.
"I jumped into that memecoin like a true degen."
🔸 Rug Pull:
When a project disappears with the investors' money. Classic scam.
"They put in 200 BNB into the project and bam!, rug pull the next day."
🔸 TVL (Total Value Locked):
Total value of assets locked in a DeFi protocol. Shows how much confidence there is in that system.
🔸 Whale:
User or wallet with massive amounts of a token. A move from them can move the market.
🔸 Gas Fee:
The fee you pay to execute a transaction on a blockchain. On Ethereum, it sometimes feels like you're paying to send a rocket to the Moon 🚀💸
-Maybe05r