Crypto Dictionary Staging

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DIC stands for Definitions in Crypto. It is a dictionary for everything crypto and memecoins. And it is written by Degens like you.

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NGMI

"NGMI" is an acronym that stands for "Not Gonna Make It." It's an internet slang term that’s often used to express a sense of hopelessness or a lack of confidence in something, reflecting feelings of frustration or disappointment. When someone says "NGMI" in the context of cryptocurrency, they’re expressing their doubt that a crypto-related matter like a newly launched project will achieve remarkable growth. In the volatile world of cryptocurrencies, making accurate predictions about price movements is incredibly difficult. While NGMI may be used as a joke or a way to express doubt, it's always wise to approach investment decisions with careful analysis rather than getting caught up in the hype.

Example

I’m so bearish on NFTs right now, if you’re not taking profits you’re NGMI.

yuripave.eth

01 May 2024

WAGMI

WAGMI is an acronym for the phrase “We’re All Gonna Make It.” It is a slang term used on social media platforms among traders and investors to convey a sense of optimism or encouragement. Crypto investors often employ the term WAGMI to uplift their fellow investors when a cryptocurrency project they have invested in shares positive updates that indicate forthcoming adoption. This term finds usage in project-related posts or within the comment sections, creating a supportive atmosphere. On Twitter, the hashtag #WAGMI is commonly utilized to express solidarity for both the project and its community members. Additionally, phrases such as GMI (Going to make it) and YGMI (You're going to make it) serve the same purpose and carry similar connotations as WAGMI.

Example

Don’t sell you Bitcoin now, WAGMI. WAGMI. The future’s so bright!

yuripave.eth

01 May 2024

Crypto Winter

noun | krip·toh win·ter Crypto winter is like getting kicked in the dick over and over again by the market - it's long, it's painful, and it makes you question all your life choices that led you to this point. It's a time when even the most diamond-handed HOODLERS start to feel like paper-handed bitches, and the only thing keeping you warm at night is the faint glow of your Blockfolio app as it slowly bleeds red.

Example

"I survived the crypto winter of 2018 by eating nothing but ramen noodles and selling feet pics on OnlyFans. Not my proudest moment, but hey, a man's gotta do what a man's gotta do to keep his $hitcoin bags alive." "Crypto winter? More like crypto BRRRRR - 'cause that's the sound my portfolio makes as it goes down the toilet faster than Taco Bell after a night of heavy drinking. Pray for me, fam."

0xa22E...0d1112

29 Apr 2024

DeFi Blue Chip

Refers to top-performing and highly reputable DeFi projects that are considered safe and reliable investments.

Example

Yearn Finance and Uniswap are often considered DeFi blue chips due to their strong track record and community support.

kipto.online

24 Apr 2024

Atomic Swap

noun | uh·tom·ik swop The closest thing to a trustless trade you'll get in the wild west of crypto. Atomic swaps let you trade one coin for another without having to trust some shady-ass centralized exchange. It's like a digital version of those briefcases full of cash they use in spy movies, except instead of money, it's just a bunch of ones and zeroes.

Example

"I did an atomic swap of 1000 MOONs for 69 DOGE. No middleman, no KYC, no problem!" "Atomic swaps are cool and all, but have you ever tried to debug a failed HTLC? It's like trying to defuse a bomb while blindfolded."

0xa22E...0d1112

29 Apr 2024

Angel Investor

"noun | ein·juhl in·vest·er A rich, ballsy mofo who throws cash at startup pipe dreams in hopes of getting in on the ground floor of the next Facebook. Angel investors are the sugar daddies of Silicon Valley, sprinkling their seed money on thirsty entrepreneurs with big ideas and empty pockets. But hey, high risk, high reward, right?"

Example

"I need an angel investor to fund my app that's like Uber, but for pet rocks." "My wife's boyfriend is an angel investor, so I'm hitting him up for some funding for my meme-based cryptocurrency." "I heard Ashton Kutcher is an angel investor now. Dude, where's my Series A funding?"

0xa22E...0d1112

29 Apr 2024

All-Time Low (ATL)

noun | all-time low The opposite of an ATH - the lowest price that an asset has ever sunk to. Hitting an ATL is like finding yourself in the deepest, darkest pit of despair... but hey, at least you can only go up from there, right? Right?!

Example

"Dogecoin just hit an ATL of $0.0000001. Time to buy the dip and HODL!" "I thought I was a genius for shorting Enron, but the stock just keeps hitting new ATLs. I'm ruined!"

0xa22E...0d1112

29 Apr 2024