@emminite.base.eth
TIPS YOU NEED TO KNOW IN CRYPTO
These are some short terms we use in crypto
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*DIP*- Decrease In Price
*PUMP* - Increase in price
*BULL*- Bullish season (Pumps)
*BEAR*- Bearish season (Dumps)
*DEFI*- Decentralized Finance
*DEX* - Decentralized Exchange Pancakeswap, Poocoin, Uniswap, Sushswap, etc
*CEX*- Centralized Exchange e.g Binance, Bybit, Mexc etc
*DW*- Decentralized Wallets e.g Metamask, Trust wallet, Bitkeep wallet, Okex wallet etc
*P2P*- Peer to Peer
*NFT*- Non Fungible Token
*ATH* - All Time High
*ATL* - All Time Low
*ALT*- Altcoin e.g Ethereum, Binance, Tron etc
*DAPP*- Decentralized Application
*DAO* - Decentralized Organinzation
*DYOR*- Do Your Own Research
*NFA* - Not A Financial Advice
*EVM*- Ethereum Virtual Machine
*LP* - Liquidity Pool
*KYC*- Know Your Customer
*RUG PULL* A scam project or a project that later turns scam
*Dev* A Developer
*AMA* Ask Me Anything
*PRESALE* A sale before a token launch
*AIRDROP* A reward for doing task.
*I hope you learnt something today*♠️