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A little less jargon.

Plain-English meanings for the words you keep seeing. Every definition links to a lesson with more context and sources.

Airdrop

A distribution of tokens or NFTs. An unexpected asset or message does not establish a legitimate claim.

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Blockchain

A shared ledger maintained by a network. Standard public-chain records can be inspected by other people.

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Circulating supply

The supply a data provider considers available in the market. Check what that provider includes and excludes.

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Contract / mint address

The network-specific identifier for a token. Names and tickers can be copied; verify the full address and network.

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Custody

Who controls access to assets. Self-custody puts that responsibility with you; a custodial service holds control for you.

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DEX

Decentralized exchange. Software for exchanging assets on a blockchain, with risks in the tokens, contracts and interface.

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DYOR

Do your own research. It should mean checking evidence and uncertainty, not accepting a promoter's claims.

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FDV

Fully diluted valuation. Current price applied to a broader supply figure. Check the provider's definition; it is not a price forecast.

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FOMO

Fear of missing out. The feeling that you must act before an opportunity disappears. Pressure is a reason to pause.

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Gas / network fee

A cost of processing a blockchain action. It is separate from any trading or service fee and can vary.

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Honeypot

A token setup that permits buying but restricts selling. A familiar ticker or successful buy does not prove you can exit.

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Liquidity

The capacity to trade without a large price change. A large market cap does not establish deep liquidity.

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Market cap

Reference token price multiplied by circulating supply. It does not measure cash invested or cash available to withdraw.

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Meme coin

A crypto asset associated with a meme, character, internet moment or community. Enthusiasm does not guarantee financial value.

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Mint authority

On Solana, the authority that can create additional units of a token when present. Other permissions still need review.

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NFT

Non-fungible token: a distinct blockchain token. Holding one does not automatically transfer copyright or grant membership.

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Price impact

The price change caused by your own trade relative to the market's available liquidity.

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Private key

A secret used to authorize actions for a blockchain account. Do not share it with a person, support agent or claim page.

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Pump-and-dump

Promotion used to drive demand while others sell into it. Attention and volume are not proof of honest participation.

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Recovery / seed phrase

Secret words used by many wallets to restore account access. Anyone with them may be able to control the accounts.

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Rug pull

A common label for insiders abandoning a project or extracting value, for example by removing liquidity.

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Slippage

The difference between a quoted trade result and the result at execution. A higher tolerance can allow a worse result.

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Token approval

Permission for a contract to spend tokens within an allowance. Disconnecting a website does not necessarily revoke it.

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Unlock

Previously restricted tokens becoming available. The timing, recipients and size matter when assessing supply changes.

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Volume

Trading activity over a stated period. It is not the same as the liquidity currently available to execute trades.

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Whale

A nickname for a large holder. A large address may represent one person, a pool or a service with many customers.

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Free education. No account, wallet or token required. Examples are fictional and are not recommendations to buy or sell. Crypto can result in total loss.

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