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πŸ—οΈ Key Terms and Definitions

TermDefinition
Blockchain (Chain)A decentralized network where transactions are recorded. Solana, Ethereum, and Binance Smart Chain (BSC) are examples of blockchains.
TokenA token is a digital asset on a blockchain that can be bought, sold, or traded, generally representing a cryptocurrency. Tokens can have different functions, such as governance, utility, or can be purely for speculation.
ATH (All-Time High)The highest price a token has ever reached in its trading history.
DipA drop in a token’s price, can represent a buying opportunity if the project is strong.
RouterA service that attempts to find the best path for swapping tokens across multiple liquidity pools.
SniperA trader or bot that quickly buys tokens at launch, within the first seconds, aiming to buy a high percentage of supply cheaply.
MEV BribingA method where traders pay an extra fee to validators to prioritize their transactions, often used for front-running trades. Snipers use MEV bribes to ensure their buys are as early as possible, with the highest briber often being the first buyer.
Market Cap (Market Capitalization)The total value of a token, calculated as price multiplied by circulating supply. Higher market cap tokens are generally more stable, while low market cap tokens can be volatile.
LiquidityThe amount of tokens available in a trading pool for buying and selling. High liquidity allows for more stability with minimal slippage, while low liquidity can cause large price swings and is higher risk.