plain-English guide
Memecoins 101. No jargon.
What can go wrong. What to do about it.
What can go wrong
💥 The rug
—
of 100 coins get dumped: the creator sells and the price crashes.
💤 The fizzle
—
of 100 coins just die. Nobody buys. Nothing happens.
🕶️ The insiders
—
of creators sell within 5 minutes. Some wallets are always in before you.
⏱️ The FOMO
—
is how long a typical double takes. By the time it trends, it’s over.
What to do instead
🪙 Only risk what you can lose
Treat it like a lottery ticket, not a savings plan.
Words, explained.
Rug pull / dump
The creator sells most of their coins at once. The price crashes. Everyone else is left holding.
Graduation
A coin that grows big enough to leave pump.fun and trade on a bigger exchange. Rare.
Mint address
A coin’s unique ID. Paste it into the scanner to look it up.
Whale
One wallet holding a huge share of the coin. If it sells, the price drops fast.
Insider
A wallet that buys in the very first second, before regular people can even see the coin.
Bonding curve
The rule that sets the price: the more people buy, the higher it goes. Selling does the opposite.
Slippage
The gap between the price you expected and the price you got. Big on small coins.