These are the basic definitions in #memecoin investing; if you want to win, you need to know this!

1/ Sniper: A "sniper" is someone or a bot that buys a memecoin the moment it launches to capitalize on early price jumps. Buy extremely early, win big if the project pumps, but it’s also easy to fail due to the prevalence of scamming devs nowadays.

Example: Using a bot on Solana to grab a new token like $PNUT at launch.

2/ Gamble: Gamblers bet big on $FARTCOIN for 100x high risk, high reward nature of memecoin investing like $Fartcoin, hoping for a 100x return but knowing it might crash to zero.

3/ Conviction: holders ride $DOGE dips. The strong belief in a memecoin’s potential, driving long-term holding.

Example: Holding DOGE through dips because you trust its community hype.

4/ Traders: An active participant who buys and sells memecoins for profit, using strategies like timing or analysis.

Example: A trader using DexTools to buy $PEPE during a dip and sell at a 5x peak.

5/ Presale: The early investment phase before a memecoin launches publicly, often at a lower price.

Example: Joining the $SOLV presale on Solana, buying tokens at $0.01 before they hit exchanges.

6/ Topblast: A term for memecoins that explode to the top of trending lists, often due to hype or influencer boosts.

Example: $CHILLGUY hitting top ranks on DexScreener after a viral TikTok push.