Hi guys, if you have been following trends, I bet u have heard about degen. If u haven't, do well and research more. Degen hasn't gained popularity yet but those in it are doing crazy numbers.
Let me quickly give a brief explanation on how it works.
Let's assume a project was launched at 1k mc(market capitalization)Then buy pressure makes it 10k mc This implies that people who bought at 1k mc have done a 10x If u had bought the the token with $5 you would have made $50
Now someone entering at 5k mc, when it gets to 10k mc that's a 2x. Buying early in degens is very important. The faster u ape into the project, the more gains for you as the price goes up.

Let's get to know some terminogies commonly used.
Some terminologies in crypto�

*Know the terms we use*

1. *HODL* – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.


2. *Altcoin* – Every cryptocurrency other than bitcoin

3. *FOMO* – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. *JOMO* – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. *Moon* – Where everyone wants their coin to go, up and into outer space


6. *Bag Holder* – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. *Shitcoin* – A worthless and dead coin with no real value

8. *Dumping* – Downward price movement or a decision to sell a coin

9. *DYOR* – Do your own research

10. *FUD* – Fear, uncertainty and doubt


11. *Whale* – A super wealthy trader with a lot of money to spend

12. *Mining* – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. *Long* – A decision to hold onto a coin for the long term

14. *REKT* – When a coin goes down sharply and you have a bad loss

15. *Lambo* – The car that many people want to buy when they strike it rich


16. *Swing* – When the price of a coin is moving up and down at a rapid rate

17. *Pumping* – A coordinated effort to boost a coin by buying a lot of it all at once

18. *Bearish* – When the sentiment on a coin is negative

19. *Bullish* – When the sentiment on a coin is positive

20. *Exchange* – Websites that allow you to purchase and sell cryptocurrencies

21. *FIAT* – Any currency that is issued by a government

22. *TA* – Technical analysis

23. *ATH* – All-time high

24. *FA* – Fundamental analysis

25. *MCAP* – Market capitalization

26. *#ASHDRAKED* A situation where you lost all your money.

27. *#BTFD* Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

28. *Love Machine* Long green or red candles

29. *DUMP* To Sell off a coin.

30. *SAJ CANDLE* Huge green candle

31. *SHORT* Margin bear position

32. *SWING* Zig zag price movement (Upwards and downwards)

33. *REVERSE INDICATOR* Someone who is always wrong predicting price movements.

34. *RSI* Relative Strength Index.
35. Moonbag- A little portion remaining of the token you bought right after swapping back to usdt.


The the end for now�

Dhanidhamy:
Hi guys, if you have been following trends, I bet u have heard about degen. If u haven't, do well and research more. Degen hasn't gained popularity yet but those in it are doing crazy numbers.
Let me quickly give a brief explanation on how it works.
Let's assume a project was launched at 1k mc(market capitalization)Then buy pressure makes it 10k mc This implies that people who bought at 1k mc have done a 10x If u had bought the the token with $5 you would have made $50
Now someone entering at 5k mc, when it gets to 10k mc that's a 2x. Buying early in degens is very important. The faster u ape into the project, the more gains for you as the price goes up.

Let's get to know some terminogies commonly used.
Some terminologies in crypto�

*Know the terms we use*

1. *HODL* – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.


2. *Altcoin* – Every cryptocurrency other than bitcoin

3. *FOMO* – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. *JOMO* – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. *Moon* – Where everyone wants their coin to go, up and into outer space


6. *Bag Holder* – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. *Shitcoin* – A worthless and dead coin with no real value

8. *Dumping* – Downward price movement or a decision to sell a coin

9. *DYOR* – Do your own research

10. *FUD* – Fear, uncertainty and doubt


11. *Whale* – A super wealthy trader with a lot of money to spend

12. *Mining* – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. *Long* – A decision to hold onto a coin for the long term

14. *REKT* – When a coin goes down sharply and you have a bad loss

15. *Lambo* – The car that many people want to buy when they strike it rich


16. *Swing* – When the price of a coin is moving up and down at a rapid rate

17. *Pumping* – A coordinated effort to boost a coin by buying a lot of it all at once

18. *Bearish* – When the sentiment on a coin is negative

19. *Bullish* – When the sentiment on a coin is positive

20. *Exchange* – Websites that allow you to purchase and sell cryptocurrencies

21. *FIAT* – Any currency that is issued by a government

22. *TA* – Technical analysis

23. *ATH* – All-time high

24. *FA* – Fundamental analysis

25. *MCAP* – Market capitalization

26. *#ASHDRAKED* A situation where you lost all your money.

27. *#BTFD* Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

28. *Love Machine* Long green or red candles

29. *DUMP* To Sell off a coin.

30. *SAJ CANDLE* Huge green candle

31. *SHORT* Margin bear position

32. *SWING* Zig zag price movement (Upwards and downwards)

33. *REVERSE INDICATOR* Someone who is always wrong predicting price movements.

34. *RSI* Relative Strength Index.
35. Moonbag- A little portion remaining of the token you bought right after swapping back to usdt.


The the end for now�

Let's proceed

Dhanidhamy:

Let's proceed

You can trade these meme and shit coins on Dex( decentralized exchanges) like pancakeswap,poocoin,uniswap,mm. finance etc. Remember that these token are not utility coins, you buy them due to hype,buy pressure,good liquidity etc.
The most commonly used Dex are pancakeswap and poocoin though I would recommend poocoin because it has better functionalies and features.
I would continue posting when I get reactions on this post. Degen season is just starting. Don't be left behind.

How can we make research for latest degen tokens

Dhanidhamy:
Hi guys, if you have been following trends, I bet u have heard about degen. If u haven't, do well and research more. Degen hasn't gained popularity yet but those in it are doing crazy numbers.
Let me quickly give a brief explanation on how it works.
Let's assume a project was launched at 1k mc(market capitalization)Then buy pressure makes it 10k mc This implies that people who bought at 1k mc have done a 10x If u had bought the the token with $5 you would have made $50
Now someone entering at 5k mc, when it gets to 10k mc that's a 2x. Buying early in degens is very important. The faster u ape into the project, the more gains for you as the price goes up.

Let's get to know some terminogies commonly used.
Some terminologies in crypto�

*Know the terms we use*

1. *HODL* – The act of holding on to a coin for the long term instead of selling it. Made famous by this epic post.


2. *Altcoin* – Every cryptocurrency other than bitcoin

3. *FOMO* – Fear of missing out. This happens when a coin is rising in value and you’re considering buying at a high price even though you might be too late

4. *JOMO* – Joy of missing out. This happens when you dodged a bullet and are happy you didn’t buy a coin

5. *Moon* – Where everyone wants their coin to go, up and into outer space


6. *Bag Holder* – Someone who is holding a lot of coins in the hopes that it will go up in the future

7. *Shitcoin* – A worthless and dead coin with no real value

8. *Dumping* – Downward price movement or a decision to sell a coin

9. *DYOR* – Do your own research

10. *FUD* – Fear, uncertainty and doubt


11. *Whale* – A super wealthy trader with a lot of money to spend

12. *Mining* – The process of verifying transactions on the blockchain, resulting in rewards (aka coins) for those who lend their computing power

13. *Long* – A decision to hold onto a coin for the long term

14. *REKT* – When a coin goes down sharply and you have a bad loss

15. *Lambo* – The car that many people want to buy when they strike it rich


16. *Swing* – When the price of a coin is moving up and down at a rapid rate

17. *Pumping* – A coordinated effort to boost a coin by buying a lot of it all at once

18. *Bearish* – When the sentiment on a coin is negative

19. *Bullish* – When the sentiment on a coin is positive

20. *Exchange* – Websites that allow you to purchase and sell cryptocurrencies

21. *FIAT* – Any currency that is issued by a government

22. *TA* – Technical analysis

23. *ATH* – All-time high

24. *FA* – Fundamental analysis

25. *MCAP* – Market capitalization

26. *#ASHDRAKED* A situation where you lost all your money.

27. *#BTFD* Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)

28. *Love Machine* Long green or red candles

29. *DUMP* To Sell off a coin.

30. *SAJ CANDLE* Huge green candle

31. *SHORT* Margin bear position

32. *SWING* Zig zag price movement (Upwards and downwards)

33. *REVERSE INDICATOR* Someone who is always wrong predicting price movements.

34. *RSI* Relative Strength Index.
35. Moonbag- A little portion remaining of the token you bought right after swapping back to usdt.


The the end for now�

The Crypto Industry is a *$1Trillion+* Behemoth!

Not many know but the Industry is made up of particular Niches and other sub-niches in it.

These niches are intertwined but each distinct in its operations, tools used in accessing it, and how it works.

This video explains the 8 main niches of the Crypto Industry.

Watch, Like, Kindly subscribe and also do well to share on your socials and to your contacts.





https://www.youtube.com/watch?v=WDpl2sfGL-s

Dhanidhamy:
Let's proceed

If you understand these terms too, I'll like to know.
MINT
BURN
API
LP (Liquidity pool)