New to meme trading? Here’s a handy guide to the key terms you’ll encounter on Pumper and in the meme-trading world.
Key Terms
Meme
Short for “memecoin,” these are cryptocurrencies inspired by internet jokes and viral trends. On Pumper, we simply call them memes.
Swipe
The action you take on Pumper to buy or pass on a meme. Swipe right to buy, swipe left to skip.
Pump
A rapid increase in the price of a meme, often driven by hype or high trading volume.
Dump
The opposite of a pump, when the price of a meme drops sharply due to large-scale selling.
Market Cap
The total value of a meme, calculated by multiplying its price by the total supply of coins. Short for “market capitalization”.
Example: If a meme has 1 billion coins in supply and its price is $0.005, the market cap is $5 million.
Supply
The total number of coins available for a specific meme. This can impact its price and market cap.
Volatility
How quickly a meme’s price changes. High volatility means the price can rise or fall dramatically in a short time.
Bet
The amount of money you choose to trade on a single meme. Pumper lets you set a default bet size or customize it for individual trades.
Referral Rewards
Bonuses you earn on Pumper when your invited friends trade memes. You can earn 45% of trading fees from direct referrals.
Portfolio
Your personal collection of memes on Pumper. View your holdings, track performance, and plan your next moves.
Risk Slider
A tool on Pumper that helps you choose the types of memes you want to see based on their market cap and risk level.
Community Lingo
FOMO
Fear of Missing Out. The feeling of urgency to buy a meme when it’s gaining momentum or "pumping."
HODL
A playful misspelling of “hold,” meaning to keep a meme long-term instead of selling.
Whale
A trader with significant meme holdings, capable of influencing the price through large trades.
Rug Pull
When the creators of a meme suddenly sell off their holdings, causing its price to collapse. Pumper reduces this risk by curating memes for you.
Moon
When a meme’s price skyrockets to an extremely high value, often used in phrases like “to the moon!”
Pumper-Specific Terms
XP
XP are user experience points earned by completing tasks on Pumper, such as trading or referring friends. By earning XP, you will level up and gain perks.
Levels
You can earn new levels by earning XP. Higher levels come with better rewards, such as exclusive perks.
Ready to Swipe?
Download Pumper today and start your journey into meme trading. Swipe, buy, and pump!