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Crypto slang describing markets where one trader's gain is another's loss, especially in meme coins and low-cap tokens.
Definition
Crypto slang describing markets where one trader's gain is another's loss, especially in meme coins and low-cap tokens. Unlike stocks where companies create real value, PvP trading is largely a zero-sum game. It's become synonymous with the aggressive meme coin trading meta.
Related Terms
A cryptocurrency created as a joke or based on internet memes.
Short for 'degenerate gambler,' now used affectionately in crypto for someone who takes high-risk bets on new coins, yield farms, or NFTs.
The people who buy when insiders or early investors are selling.
A period when smart money quietly buys up an asset before a major price move.
The average yearly return on an investment, calculated to account for compounding.
Profiting from price differences of the same asset across different markets.
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