Common Crypto Lingo Explained

We know that joining something new can be overwhelming, especially when the community seems to speak a different language.

If you're new to Crypto and want to participate in the social communities, this information might help!


Marketing campaign that distributes cryptocurrency through a population of wallets/people. Free tokens in exchange for simple tasks like sharing news of the coin with friends. Also a favorite tool of scammers, promising free tokens to obtain wallet info 

Bitcoin was the first. All the other coins are grouped as altcoins. 


All Time High for a token, opposite of ATL. 


Cypto you own. As in, “I’m going to add to my bag” 



If the price of a cryptocurrency has a negative price movement 

The first cryptocurrency. Created in 2008 by an individual or group of individuals operating under the name Satoshi Nakamoto. It was intended to be a peer-to-peer, decentralized electronic cash system

BNB (Binance): 

Coin, typically used to swap for alt coins or investment 


If the price of a cryptocurrency has a positive price movement 


If a coin is removed from circulation, it’s “burned”. This is done by sending the coin to a dead wallet, thereby reducing available amount and can sometimes increase price  


Decentralized application 


Decentralized Finance 


Price is currently down, many expected it to come back up. As in, buy the dip 


The term used to describe selling all (or a lot) of your cryptocurrency 

Do Your Own Research 


Platform through which cryptocurrencies are exchanged with each other 


Refers to money recognized as legal tender by governments, such as the US dollar, British pound, Euro and Australian dollar. 


Fear Of Missing Out 


Fear, Uncertainty and Doubt. Typically spread by an unseasoned investor or an emotionally charged person that that is down in their investment. 


The fee you pay for a transaction on an exchange when buying or selling. Not to be confused with Tokenomics (see definition) 


(Hold On for Dear Life) To Hold a coin through highs and lows, expecting it to increase more over time. Comes from a drunk person in the early days of Bitcoin, that mistyped; Hodling 


Initial Coin Offering of a new token 

Metric used to measure the size of an asset. 
Market Cap = Amount of Shares X Share Price 


A term used to describe a major price movement upwards. 

Moon Boi:

Someone that buys tokens wanting it to rise quickly, and may create FUD (see FUD) if it does not 


A period before an Initial Coin Offering goes public when private investors or community members are able to buy the cryptocurrency 

Practice of buying a large amount of Crypto, to drive up its price, then selling the lot when there is a suitable margin and price drops 


Used to describe a bad loss or situation. Wrecked 


The individual, or group of individuals – it has never been confirmed – who created bitcoin 

Shit Coin: 

Used to describe a cryptocurrency not expected to have a positive future 


The “coin” of a cryptocurrency is a token. Digital code defining each fraction, which can be owned, bought and sold 


How a token is distributed (typically as a percentage of a buy or sell) and how they are being used to incentivize positive behaviour in the network 


A term used to describe investors or traders who have a large sum of a token 


Prior to an ICO, interested parties can sign up/register with intent to purchase. 

Detailed explanation of a cryptocurrency, designed to offer technical information, explain the purpose of the coin and set out a roadmap for success 

When Lambo:

Asking when will price be so high that they can afford expensive items 

That's it for now!

Hopefully this helps you a little with figuring out the lingo in the crypto communities!