Blockchain (Chain) | A decentralized network where transactions are recorded. Solana, Ethereum, and Binance Smart Chain (BSC) are examples of blockchains. |
Token | A 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. |
Dip | A drop in a tokenβs price, can represent a buying opportunity if the project is strong. |
Router | A service that attempts to find the best path for swapping tokens across multiple liquidity pools. |
Sniper | A trader or bot that quickly buys tokens at launch, within the first seconds, aiming to buy a high percentage of supply cheaply. |
MEV Bribing | A 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. |
Liquidity | The 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. |