Top 10 Crypto Slang words — DigiDoc NFT

#1 Airdrops 🪂

A marketing campaign that distributes a specific cryptocurrency or token to an audience.

Airdrops IO

#2 ATH 🐂 / ATL 🐻

The highest & the lowest point (in price, in market capitalization) that a cryptocurrency has been in history.

ATH & ATL shown with candles

#3 APEING 🐵

Apeing is when a cryptocurrency trader buys a token shortly after the token project launch without conducting thorough research.

Bored Apes NFT project

#4 BAG 💰

Crypto slang for a large quantity of a specific cryptocurrency. Alternatively (but less frequently) used to refer to the contents of an individual’s crypto portfolio.

Apes to the moon

#5 Cold Storage ❄👛

Offline storage of cryptocurrencies, typically involving hardware non-custodial wallets, USBs, offline computers, or paper wallets.

https://shop.ledger.com?r=da87fc0bdb5a
Ledger Nano X

#6 DEX 💱

A peer-to-peer exchange allowing users to trade cryptocurrency without the need for an intermediary.

Popular DEX called UniSwap

#7 FIAT 💲

Fiat currency is “legal tender” backed by a central government, such as the Federal Reserve, and with its own banking system, such as fractional reserve banking.

Photo by Giorgio Trovato on Unsplash

#8 FOMO 💹😲📢

An acronym that stands for “Fear of Missing Out.”

#9 FUD 😱😩🤷‍♂️

An acronym that stands for “Fear, Uncertainty and Doubt.” It is a strategy to influence perception of certain cryptocurrencies or the cryptocurrency market in general by spreading negative emotion.

Panic selling the crypto

#10 GAS ⛽

A term used on the Ethereum platform that refers to a unit of measuring the computational effort of conducting transactions or smart contracts, or launch DApps in the Ethereum network

Rush hour traffic jam

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