alpha

Information or a pick that is supposed to give an edge. Paid alpha groups sell it; public alpha is usually already priced in.

alpha group just posted it. so has everyone else.

jeet

A trader who sells early, often out of fear, and gets mocked when the chart keeps running. As a verb, to sell like that.

bro jeeted at 2x and watched it go to 30x.

Often used as a slur in some contexts. In the trenches it mostly means a seller, but the word carries that history.

roundtrip

Watching a profitable position return to breakeven or a loss without taking profit.

was up 20x. roundtripped the whole thing.

cabal

A supposed or actual group of insiders coordinating launches, promotion or trading activity. The word is thrown around far more often than it is proven.

same wallets, same KOLs, same cabal allegations.

Frequently an accusation rather than a verified fact. Treat claims about specific people or groups as claims.

bonding curve

The pricing formula a fresh Pump.fun coin trades on before it has a normal liquidity pool. Price rises as tokens are bought from the curve and falls as they are sold back.

still on the curve, 60% filled.

exit liquidity

The buyers whose purchases let earlier holders sell at a good price. If you can't tell who the exit liquidity is, it is you.

kol shilled it at the top. we were the exit liquidity.

CTO

Community takeover. When the original dev has abandoned or dumped a coin and holders take over the socials, art and promotion themselves.

dev rugged, now it's a CTO with a better logo.