Meme Coin

Refers to the coins or tokens that are based on a meme and have no practical use. Most promise unrealistic profits, examples are dogecoin and Shiba. Full definition

Total Supply

The total amount of coins in existence right now either in wallets or in the market, minus any coins that have been verifiably burned. Full definition

Token

A subdivision of cryptocurrency that doesn’t have its own blockchain but works on another coin’s blockchain. Full definition

AltCoin

The umbrella term used to define all crypto assets that are not bitcoin. The Alt simply stands for Alternative. Full definition

Cryptocurrency

Refers to all digital currencies that are on a blockchain and work in a peer-to-peer fashion. Full definition

Faucet

Websites that give away a small amount of cryptocurrency in exchange for visiting the site or completing a survey. Full definition