Crypto slang dictionary for a real enthusiast. Starting February with the letter 'F'. Floor price.
09 Feb 2023, 19:03
Crypto slang dictionary for a real enthusiast 😎
Starting February with the letter 'F' 🔥
📍Floor price
Floor price means the lowest price listed of an NFT project. It however, is a good entry point for new joiners for the project.
📍FOMO
FOMO is short for “fear of missing out”, it’s to describe people (especially newbies in the space) rushing into buying an asset just because they see many other people are doing so/ talking about it, without doing much due diligence.
📍FML
Short for “f**** my life”, which is used after a statement of some unfortunate circumstance that was forced upon you. “I had to pay $2000 in gas fee when minting a new NFT last night, and the transaction was failed, FML.”
📍FUD
FUD is short for “fear, uncertainty and doubt”. FUD is commonly seen when the price of a coin/ NFT project dropping, or when there is some sort of negative news or rumours.
Did you know these words?