Original article: Haze , GMGN project consultant
In the process of trading Memecoin on the chain, the trading community has gradually formed a unique terminology system. These terms constitute a common language among traders, and for new entrants, understanding these terms is crucial to understanding market dynamics.
Asset size classification
- P Xiaobing : Traders with assets below $1M
- P Junior : Traders with assets between $1M and $5M
- General P : Traders with assets between $5M and $10M
- Marshal P : Traders with assets of more than $10M
Trading Behavior Terminology
- Head of the car : refers to the address that is monitored by many people and has a significant impact on the market after buying or selling.
- Selling coins to others, commonly known as "dumping"
- Package : Describes a certain event
- CA : Send the token contract address
- Sitting still : refers to a trading behavior of staring at the information on the chain for a long time, looking for opportunities
Trader Classification
- Chain King : A player with sharp on-chain operations, extremely high winning rate and extremely high returns
- Fool King : A player with a very low winning rate and a lot of losses
Market Phenomena and Strategies
- Cap : a behavior of buying and then falling
- PVP : A trading behavior of buying when the market value is extremely low and selling quickly to earn profits. At the same time, some people will lose money.
- Trench : refers to trading memecoin on the chain, which is extremely risky, like fighting in a trench
- Chain scanning : constantly looking at new assets issued and looking for opportunities to buy
- Finding an angle : What is important about memecoin is emotion and storytelling. How to discover the value of this virtual thing? Everyone calls it "finding an angle"
