Meaning of "Surging/Plunging"
(Surging) Refers to a phenomenon in which the value of a cryptocurrency or asset rises sharply over a short period of time; (Crashing) Refers to a phenomenon in which the value of a cryptocurrency or asset falls sharply over a short period of time
"(Surged) The cryptocurrency I bought this morning suddenly surged, significantly boosting my profits. (Crashed) The stock price crashed on a single news headline, and trading came to a sudden standstill."
Related slang words
Let's go!A meme-like chant in which people elongate the word "Go" to sound like "Let's go," expressing the hope that cryptocurrency prices will rise; it typically conveys the sentiment of cheering for an upward trend.GIMP/GIMPA term used to describe the "kimchi premium," a phenomenon in which prices on South Korean exchanges, including those for virtual assets, are higher than overseas market pricesFact bombA strategy or tactic that involves presenting a series of irrefutable facts to overwhelm and dismantle an opponent’s argument all at onceMoney ScamA critical term used to describe a market where profits can be easily made through speculation (driven by expectations, trends, and a lack of judgment) without any effort or analysis, likening it to a "money-copying machine"GraduationThis refers to exiting the market after establishing a financial foundation through investments such as cryptocurrency, thereby no longer requiring earned income.BackThis refers to the act of a controversial figure (the person involved) appearing directly on a message board or platform to post a clarification or state their position in response.Nickname mismatchmocking the contradiction that arises when a person’s online handle doesn’t match their actual behaviorBurningEngaging in aggressive investing by buying large quantities late in the game to capitalize on a rising trend and maximize profits