• Airdrop: A new NFT or tokens dropped into your wallet for free.
  • Alpha: Best describes as intel, information that the rest of the market has not found about it yet.
  • AMA: Ask me anything.
  • Ape in: Rush into buying an NFT.
  • Blue chip: A project that will retain high value well into the future.
  • Delist: Cancel the listing of an NFT for sale.
  • Degen: Degenerate. People who do not research and take high risks.
  • Dev: Developers. People behind a project.
  • Diamond hands: People who holds their NFTs long-term.
  • Dutch auction: A bidding technique that start a ceiling price and gradually drops at a specific time intervals.
  • Doxxing: People who publicly reveal their identity.
  • DYOR: Do your own research.
  • Flip: Buy NFTs at low prices and sell them quickly for profit.
  • Floor price: The lowest price which you can buy an NFT.
  • Floor sweeping: The action of buying a large number of the cheapest NFTs listed to raises the floor price.
  • FOMO: Fear of missing out. People who rush into buying.
  • FUD: Fear. Uncertainty and doubt.
  • HODL: Hold on for dear life. hold an NFT for long period of time.
  • Gas fee: The fee needed to make a transaction on a blockchain.
  • Gas war: The situation where gas fees increase when a lot of people tries to mint from same project at the same time.
  • Mint: Buy a completely new NFT from the creator.
  • P2E: Play to earn games.
  • OG: People who support a project since the beginning.
  • Paper hands: People who panic sell.
  • Raid: A flash campaign on social media that the project team uses to increase community engagement and promote their NFTs.
  • Rug Pull: a scam, occurs when creators of a project suddenly stop backing it. As a result, the price of the NFT falls to zero.