Interest in cryptocurrency continues to grow, and many seek to understand this complex world. This article overviews seven key terms that will be relevant in 2025.
Sniping in Crypto
Crypto sniping is a trading method where traders quickly respond to market opportunities using automated bots. They monitor new listings or liquidity changes and execute trades within seconds. Sniping strategies may include buying new tokens, arbitrage, and MEV sniping—rearranging blockchain transactions to gain an advantage. However, it can be risky due to high competition and technical issues.
LARP in Crypto
In the crypto world, LARP refers to individuals pretending to be experts or insiders to manipulate the opinion of others. They may create hype around a project, promise fantastic returns, and instill FOMO. To avoid falling for LARP, verify information sources, avoid anonymous or vague messages, and look for evidence rather than rumors.
Crypto Shilling
Shilling is when someone heavily promotes a cryptocurrency or project, often exaggerating its potential. The goal is to create excitement and increase demand. Shillers might use social media to advertise tokens, promising high returns, sometimes leading to 'pump and dump' schemes. To avoid shilling, research projects independently and steer clear of individuals aggressively promoting unknown tokens.
Understanding these terms will help you better navigate the world of cryptocurrency. Making informed decisions and staying informed will allow you to reduce risks and increase your chances of success in 2025.