BUIDL
BUIDL is a term used to encourage the building of new dApps, DeFi solutions, and other things on blockchains.
Category a2z Crypto Explained
Non-Custodial Wallet
A non-custodial wallet is a crypto wallet that gives the user the right to self-custody i.e., the user controls the private keys.
Bridging (Blockchain Transaction)
Bridging is an activity where cryptocurrencies are transferred from one blockchain to another. This transfer takes place mostly in two methods: lock and mint, or burn and mint.
Fear Of Missing Out (FOMO)
FOMO, or Fear of Missing Out, is a psychological phenomenon in trading and investing where individuals feel compelled to join a popular trend due to the fear of missing potential profits.
Holding On to Dear Life (HODL)
HODL is the acronym for Holding On to Dear Life. It signifies a long-term commitment to crypto, whereby one holds it like dear life and does not sell it, whatever happens.
NGMI (Not Gonna Make It)
NGMI, which means Not Gonna (going to) Make It, is a crypto slang that means there is no hope for a given situation.
WAGMI (We All’re Gonna Make It)
WAGMI is generic crypto slang that means "We All (are) Gonna(going to) Make It." It is used in bad situations where there is little hope and helps uplift sentiments.
Custodial Wallet
A custodial wallet is a crypto wallet that gives the user the right to self-custody i.e., the user controls the private keys.
ERC-20
ERC 20 is the general token standard on the Ethereum blockchain using which crypto projects can create their own tokens on the Ethereum. ERC stands for Ethereum Resource for Comments.
All Time High (ATH)
All time high refers to the highest price level that a cryptocurrency has achieved till date.