Used as a flex on Twitter profile pics.īear - someone who is fearful the market will crash, as in a bear market co-opted from Wall St slang.īear Market - any market that is going down in value.īitcoin - the first and original cryptocurrency as outlined in a whitepaper by the anonymous creator(s) Satoshi Nakamoto.īitcoin Maximalist - someone who believes Bitcoin is the only cryptocurrency needed and everything else is a shitcoin. īag Holder - someone who holds a position in crypto or keeps an NFT until its value turns to dust.īAYC - Bored Ape Yacht Club - 10,000 individual ape characters as PFP NFTs currently selling for astronomical prices. There are two main ERC-20 tokens used in the Axie Infinity ecosystem: Axie Infinity Shards (AXS) and Smooth Love Potions (formerly Small Love Potion) (SLP).Īxie Infinity Shards - AXS is an Ethereum token that powers the Axie Infinity game. The game has achieved staggering success with a market cap of over $2bn. not anonymous) it’s less likely the project will be a scam so long as the team members can be traced.ĪTH - All-Time High, as in, “ ETH is trading at an ATH!”Īxie Infinity - is an Ethereum blockchain-based game in which players raise, battle and trade digital pets known as Axies. If the dev’s (developers) are doxxed (i.e. Alpha of 10.0 is a 10 per cent improvement and so on.Īltcoin - any cryptocurrency that’s not Bitcoin, aka a shitcoin according to Bitcoin Maximalists.ĪMA - Ask Me Anything, sessions put on by the creators before an NFT drop, usually on Discord.Īping/Ape in/Aped - to buy into a cryptocurrency or NFT, as in, “I just aped into that NFT, idk if it’ll moon, I just like it”.Īre devs doxxed?- question asked by the community to founders of a new NFT/token project. Alpha of 1.0 is a 1 per cent improvement. Usually, this is a good thing, but sometimes can be a trick used by scammers to load your wallet with fake tokens that direct you to the scammer's website that then empties your wallet when you connect to it.Īlpha -the degree to which an investment outperforms the rest of the market. “I just wanted to say thank you so much for this incredible support.Airdrop - when you receive tokens in your wallet without purchasing them. “Hi WallStreetBets … I was just made aware that you have been adopting gorillas through our website,” Stoinski said in the video. The organization’s CEO, Tara Stoinski, also posted a video to WallStreetBets, thanking the Redditors who were helping to fuel the donations. “When we save gorillas, we save the planet. “Gorillas live in the Congo Basin, the second largest rainforest in the world and a natural defense against #climatechange,” the group said. The fund says it is the “world’s largest and longest running” gorilla conservation organization. The Dian Fossey fund said in a tweet thread that gorillas are, in fact, “a great investment,” adding that funds will go toward tracking, monitoring and studying wild gorillas and their habitat. Many WallStreetBets members say they’re still holding onto the stock, in hopes that the gains will continue. But in recent weeks, the stock has begun climbing again and was trading around $200 on Monday, up more than 66% since the start of this month. GameStop stock fell quickly following its peak around $350 during the January trading frenzy. “I can’t wait for wealth to be given back to the little guy and have everyone benefit from it.” “Apes on Reddit will use (gains) to donate to good causes, pay medical bills, help the needy in their communities,” the user said. Some members of the group have in recent days also discussed donating some of their “tendies” (or earnings) from trading GameStop stock to workers in the gaming retailer’s stores. One WallStreetBets poster said on Monday that the surge in donations to help save gorillas pointed to the benefits of making stock trading more accessible to individuals. WallStreetBets investors sent GameStop’s stock soaring more than 1,500% at one point earlier this year, squeezing hedge funds that had shorted the stock and sparking a conversation about whether individual retail investors’ access to Wall Street is equal to that of large institutional investors. “Used unrealized GME gains to adopt a gorilla,” one WallStreetBets poster said on the site. Even as GameStop falls, Reddit’s microphone + young investors mean ‘social investing is not going away’
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