Degen Dictionary is here to break down those confusing terms you’ve seen passed around. GM, DYOR, Pump It, FUD…You’ve probably seen hundreds at this point. But don’t worry, the Trader Joe Team is full of crypto language experts, so here we are delivering the second installment of the Degen Dictionary.
Let’s continue…
Today’s Terms:
DIAMOND HANDS
FUD
MOON
Diamondhands 💎
A title designated to degens with such conviction that they refuse to sell their bags for any reason — whether down 90% or up 20x… a diamondhand will never sell
𝘈𝘯𝘰𝘯 1: 𝘐 𝘸𝘢𝘴 𝘭𝘶𝘤𝘬𝘺 𝘦𝘯𝘰𝘶𝘨𝘩 𝘵𝘰 𝘮𝘪𝘯𝘵 𝘢 𝘚𝘮𝘰𝘭 𝘑𝘰𝘦 𝘧𝘰𝘳 𝘧𝘳𝘦𝘦 𝘢𝘯𝘥 𝘯𝘦𝘷𝘦𝘳 𝘦𝘷𝘦𝘯 𝘭𝘪𝘴𝘵𝘦𝘥 𝘪𝘵.
𝘈𝘯𝘰𝘯 2: 𝘞𝘰𝘸. 𝘠𝘰𝘶’𝘷𝘦 𝘨𝘰𝘵 𝘥𝘪𝘢𝘮𝘰𝘯𝘥 𝘩𝘢𝘯𝘥𝘴
Fud
An abbreviation for ‘Fear, Uncertainty, and Doubt’, fud is any type of communication that causes a craze of worry and stress within the market
Has become the defacto term to classify any sort of questioning or criticism of a project or team
𝘈𝘯𝘰𝘯 1: 𝘞𝘰𝘯𝘥𝘦𝘳𝘭𝘢𝘯𝘥 𝘪𝘴 𝘥𝘦𝘧𝘪𝘯𝘪𝘵𝘦𝘭𝘺 𝘫𝘶𝘴𝘵 𝘢 𝘱𝘰𝘯𝘻𝘪. 𝘛𝘩𝘦𝘪𝘳 𝘵𝘳𝘦𝘢𝘴𝘶𝘳𝘺 𝘮𝘢𝘯𝘢𝘨𝘦𝘳 𝘪𝘴 𝘢𝘤𝘵𝘶𝘢𝘭𝘭𝘺 𝘤𝘳𝘪𝘮𝘪𝘯𝘢𝘭
𝘈𝘯𝘰𝘯 2: 𝘕𝘰 𝘤𝘩𝘢𝘯𝘤𝘦. 𝘛𝘩𝘢𝘵’𝘴 𝘍𝘜𝘋…
Moon
Similar to how getting to the moon has always been a target goal for civilization, crypto projects always strive to hit the metaphorical moon by seeing their token price/floor price skyrocket!
𝘈𝘯𝘰𝘯 1: 𝘚𝘰 𝘨𝘭𝘢𝘥 𝘐 𝘣𝘰𝘶𝘨𝘩𝘵 𝘪𝘯𝘵𝘰 𝘱𝘦𝘰𝘯𝘴 𝘭𝘢𝘴𝘵 𝘸𝘦𝘦𝘬. 𝘛𝘩𝘦 𝘧𝘭𝘰𝘰𝘳 𝘱𝘳𝘪𝘤𝘦 𝘵𝘳𝘪𝘱𝘭𝘦𝘥 𝘵𝘩𝘪𝘴 𝘸𝘦𝘦𝘬.
𝘈𝘯𝘰𝘯 2: 𝘠𝘦𝘢𝘩 𝘗𝘦𝘰𝘯𝘴 𝘢𝘳𝘦 𝘮𝘰𝘰𝘯𝘪𝘯𝘨
BOOM! Easy. You just learned 3 more crypto terms in a matter of minutes. You are becoming a true Crypto Degen.
That’s it for Volume 2 of Degen Dictionary, if you missed the first Volume, you can check that out here:
Until next time!
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