Degen Dictionary Guide

A text by text glossary for your averanormie to understand

Welcome to the Flaundy Crypto Glossary, your essential guide to navigating the vibrant world of cryptocurrency with ease and confidence. Designed for investors who are new to the cryptosphere, this glossary demystifies the jargon and slang that are part and parcel of digital currency conversations. From technical terms to community slang, we've got you covered, making sure you're not just up-to-date but also fluent in the dynamic language of crypto. Let's embark on this journey of discovery together, one term at a time.

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Jeet Pronunciation: /jeet/

Verb

Definition 1: Crypto slang originating from "An investor who is risk-averse and will sell off their holdings at the slightest hint of a downturn", used to ask someone if they have taken profits from their investments.

Example Sentence: "After the price spiked, I jeeted half my position for a nice gain."

LFG Pronunciation: /el ef jee/

Exclamation

Definition 1: An acronym for "Let's F***ing Go," expressing enthusiasm, readiness, or encouragement for a crypto project or market move.

Example Sentence: "Flaundy is up 50% today, LFG!"

Degen Pronunciation: /ˈdiːdʒɛn/

Noun

Definition 1: Short for "degenerate," referring to a trader or investor who makes high-risk bets in the crypto market.

Example Sentence: "Only a degen would stake their entire portfolio on an untested meme coin."

Meme Pronunciation: /mēm/

Noun

Definition 1: A humorous image, video, or text that is copied (often with slight variations) and spread rapidly by internet users, sometimes relating to cryptocurrencies.

Example Sentence: "That Bitcoin meme perfectly sums up the volatility of the market."

Dex/Screener Pronunciation: /deks/ /ˈskriːnər/

Noun

Definition 1: DEX stands for Decentralized Exchange, a platform allowing users to trade cryptocurrencies directly without an intermediary. A screener is a tool used to filter cryptocurrencies based on specific criteria.

Example Sentence: "I found a promising new token using a DEX screener. The ticker is $FLAUNDY"

Pronunciation: /ˈdʒiː ˈɛm/

Exclamation

Definition 1: Short for "good morning," a common greeting among crypto enthusiasts on social media, symbolizing a positive start to trading.

Example Sentence: "GM, crypto fam! Ready for another day of trading?"

Dev Pronunciation: /dev/

Noun

Definition 1: Short for developer, referring to individuals who build and maintain blockchain and cryptocurrency projects.

Example Sentence: "The devs just launched a new feature on the blockchain."

TA (Technical Analysis)/Address Pronunciation: /ˌtiːˈeɪ/ /ˈæd.rɛs/

Noun

Definition 1 (TA): The study of past market data, primarily price and volume, to forecast future market behavior. Definition 2 (Address): A unique identifier that represents a destination for a cryptocurrency transaction.

Example Sentence (TA): "The TA suggests Bitcoin might see a bullish trend reversal soon." Example Sentence (Address): "Send your ETH to my wallet address, and I'll transfer the NFTs."

Shill Pronunciation: /ʃɪl/

Verb

Definition 1: To promote or hype a cryptocurrency project, often in an exaggerated or misleading manner, usually for personal gain.

Example Sentence: "Be wary of influencers who shill coins without disclosing their interests."

Raid Pronunciation: /reɪd/

Verb

Definition 1: In the crypto context, organizing a mass coordinated effort, often through social media, to buy into or promote a particular cryptocurrency or project.

Example Sentence: "The community organized a raid to support the launch of the new token."

Normie Pronunciation: /ˈnɔː.mi/

Noun

Definition 1: A term used in the crypto community to refer to individuals who are not deeply involved or knowledgeable about cryptocurrencies, often used to describe the general public or traditional investors.

Example Sentence: "Normies are starting to take notice of NFTs as they become more mainstream."

These entries offer a foundational understanding of key terms and slang within the crypto community, making the space more accessible to newcomers.