Meaning of "Meme coin"
This refers to cryptocurrencies that originate from internet memes, trending jokes, or online community culture, and whose prices are prone to sharp fluctuations based on public interest and participation.
"These days, even just news about trending meme coins on social media can cause volatility to spike significantly overnight."
Related slang words
altcoinA collective term for all cryptocurrencies other than BitcoinI got bittenThis refers to a situation where, after the market price has fallen significantly below the purchase price, resulting in a loss, the investor is unable to cut their losses easily and ends up holding the position involuntarily for an extended period.Mindless buyingThis refers to an investment behavior in which investors blindly follow others' buying decisions without any analysis or judgmentSeed moneyThis refers to the initial capital invested at the start of an investment, such as in cryptocurrency, or the seed money used to get started.Hard forkWe are implementing a major technical change that introduces rules incompatible with the existing blockchain, thereby splitting the same network into separate new chains for operation.Half-lifeA period or phenomenon in a blockchain network during which the amount of mining rewards is halved at regular intervals, which can slow the rate of new supply and thereby affect pricesDeFiThis refers to a decentralized financial service (or ecosystem) that allows users to deposit and lend assets on a blockchain, exchange interest and trading profits, and generate returns—all without the need for centralized financial institutions.Rug PullThis refers to a type of fraud in which a party involved in a joint project suddenly disappears, causing the project to be halted, while simultaneously misappropriating the victim’s assets without returning any investment or funds.