If you've been in CT long enough, you've seen these words. Now you'll actually know what they mean.
DEGEN
Short for "degenerate." A trader who takes high-risk, high-reward plays in the memecoin space with little regard for conventional financial wisdom.
"I'm full degen this cycle — 100% in memecoins."
RUGGED
When the developer removes liquidity and runs with the money, sending the token to zero instantly. The most common exit scam in memecoin land.
"Got rugged on $MOON — dev pulled LP 10 mins after launch."
APE IN
To buy a token quickly and aggressively, usually without doing much research. Based on gut instinct, hype, or a tip.
"Just aped into $CORGI with 2 SOL. No idea what it is but it's pumping."
NGMI
"Not Gonna Make It." Used to describe someone making a bad trading decision or someone who lacks the conviction to hold a winning position.
"Sold at 2x and it went 50x. NGMI honestly."
WAGMI
"We're All Gonna Make It." Community rallying cry of optimism — usually said when a coin is pumping or when the market is feeling bullish.
"$PEPE up 400% today. WAGMI."
GG
"Good Game." Said after a loss — particularly after getting rugged or missing a big pump. A stoic acknowledgment that you got played.
"Dev dumped. Chart dead. GG. On to the next."
ALPHA
Early, exclusive information or insight that gives a trader an edge over the market. Finding alpha is the whole game in memecoins.
"Got alpha from a KOL wallet — they're buying $CAT. Aping now."
SHILL
Aggressively promoting a token — often by someone who is already holding it and wants others to buy to pump the price. Can be genuine or paid/deceptive.
"Every influencer is shilling $PEPE today. Might be coordinated."
CT
Crypto Twitter (now Crypto X). The primary social layer of memecoin culture where narratives are formed, alpha is shared, and hype is manufactured.
"CT is going crazy about the frog meta. Time to look at frog coins."
KOL
Key Opinion Leader. An influencer or trader whose moves others follow. KOL wallets are tracked obsessively for early entry signals.
"KOL just bought 50 SOL worth of $BIRD. Copy trade triggered."
FUD
Fear, Uncertainty, and Doubt. Negative information — real or manufactured — meant to shake weak hands out of a position so bigger players can buy cheaper.
"Don't sell based on that tweet — classic FUD. Hands stay diamond."
PAPER HANDS
Selling too early out of fear or impatience, usually before the full pump plays out. Opposite of diamond hands.
"Paper handed at 3x and it went to 30x. I can't do this anymore."
DIAMOND HANDS
Holding a position no matter what — through dips, FUD, and panic. Admirable in theory, dangerous in memecoin practice without a sell plan.
"Diamond handing $FROG from 10K MC to 10M MC. Worth it."
LP / LIQUIDITY
Liquidity Pool — the funds locked in a trading pair that allow buying and selling. Burned LP = safer (dev can't pull). Low LP = harder to exit big bags.
"LP is burned and locked for 6 months. This one looks safer."
CA
Contract Address. The unique on-chain address of a token. You paste this into Jupiter, your bot, or DEXScreener to find and trade a specific coin.
"Drop the CA in the group and I'll check it out."
ATH
All-Time High. The highest price a token has ever reached. Most memecoins make their ATH in the first few hours, then bleed. Knowing when ATH hits is key to exiting.
"Coin hit ATH at 2M MC then dumped 80%. Classic pump and dump."
BONK
Both a famous Solana memecoin AND slang for when a coin's price gets hit hard. Also used to describe entering early on a Pump.fun coin before it "bonds" to Raydium.
"Got in at 10K MC when it was still bonding. Easy 20x."
META
The current trend or narrative driving memecoin pumps. Could be an animal meta, AI meta, political meta, etc. Trading the meta = finding coins that fit the hot narrative.
"AI meta is running again. Everything with 'ai' in the name is pumping."