Explanation of Terminology Exclusive to the Memecoin Trading Circle

In the blockchain ecosystem, Memecoin trading has developed a unique jargon. These terms not only reflect the common language of traders but also serve as a key to helping newcomers understand market dynamics. This article will unveil the meanings of these terms, assisting you in better integrating into this vibrant trading community.

Asset Size Classification

Traders are usually classified into the following categories based on the size of their held assets:

• Little Soldier: Less than 1 million dollars in assets
• Junior: Assets range from 1 million to 5 million US dollars
• General: Assets between 5 million to 10 million US dollars
• Marshal: Assets over 10 million dollars

Interpretation of Trading Behavior

• Leading Trader: Refers to addresses that are closely monitored by many traders, whose buying and selling behaviors can significantly influence market trends.
• Sell-off: A large amount of token sales, which usually leads to a price drop.
• Nail on the board: Used to describe an unequivocal event.
• Contract Address: Request others to share the smart contract address of the token
• Long-term Observation: Refers to traders monitoring on-chain data for an extended period, looking for potential opportunities.

Trader Types

• On-chain Master: Refers to players who operate accurately on-chain, with a high win rate and profits.
• Retail investors: refers to those traders with a low win rate who frequently incur losses.

Market Phenomena and Strategies

• Buy and Drop: A humorous take on the phenomenon where the price drops immediately after buying.
• Quick In and Out: A strategy to buy when a token's market cap is very low and quickly sell for profit, but it also means that someone will incur losses.
• High-risk zone: Describing the high-risk nature of trading Memecoins on the blockchain.
• Seek New Opportunities: Continuously monitor newly issued assets and look for entry timing.
• Mining Value: In the Memecoin market, sentiment and storytelling are crucial, and the process of seeking out these virtual values is known as "mining value".

Understanding these terms will not only help you better grasp market dynamics but also enhance your participation in the Memecoin trading community. However, always remember that the cryptocurrency market is highly risky, and you must be cautious and manage your risks when investing.