*EDUCATIONAL CRYPTO INFO FOR TODAY*

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, Okx 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

FOMO - Fear Of Missing Out

FUD - Fear Of Uncertainty and Doubts

HODL - Hold On For Dear Life

MC - Market Cap

LP - Liquidity Pool

KYC - Know Your Customer

POS - Proof Of Stake

POW - Proof Of Work

ICO - Initial Cex Offering

IDO - Initial Dex Offering

IEO - Initial Exchange Offering

Whale - A wealthy person in crypto that hold large amount of Coins

RUG PULL - A scam project or a project that later turns scam

Dev - Developer of a project

AMA - Ask Me Anything

PRESALE - A sale before a token launch

AIRDROP - A reward for doing task.

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