Jeet
Crypto slang for a trader who sells quickly at a loss or dumps tokens at the first sign of weakness, often blamed for preventing a memecoin from sustaining its price. The term is informal and used pejoratively in community discussions.
Mike Starr
Founder, CryptoWizardTools · M.S. Organizational Management
Last reviewed: August 2026
Related Terms
Layer 1
The base blockchain protocol (e.g., Bitcoin, Ethereum, Solana). Layer 1 solutions focus on improving the underlying blockchain itself.
Rug Pull
A type of crypto scam where developers abandon a project after raising funds, withdrawing all liquidity and leaving investors with worthless tokens.
Yield Farming
A DeFi strategy where users move assets between different protocols to maximize returns by earning trading fees, rewards, and governance tokens.
Block Reward
The amount of cryptocurrency awarded to a miner or validator for successfully adding a new block to the blockchain. In Bitcoin, the block reward is halved approximately every four years in an event called the halving.
Staking
The process of locking up cryptocurrency in a wallet to support blockchain operations like transaction validation, in exchange for staking rewards.