Shrimp
Crypto slang for a small holder of a cryptocurrency, the opposite of a whale. The term is relative and informal, used to describe retail investors with modest positions relative to large players.
Mike Starr
Founder, CryptoWizardTools ยท M.S. Organizational Management
Last reviewed: August 2026
Related Terms
Proof of Work
A consensus mechanism where miners compete to solve complex mathematical puzzles to validate transactions and create new blocks. Bitcoin uses Proof of Work.
Fiat Currency
Money issued by a government that is not backed by a physical commodity like gold. Examples include the US Dollar, Euro, and British Pound. In crypto, fiat is often used as the starting point to buy digital assets.
XRP
A cryptocurrency created by Ripple Labs, designed for fast and low-cost international payments and cross-border transactions between financial institutions.
Validator
A participant in a Proof of Stake network who stakes cryptocurrency and is responsible for proposing and validating new blocks.
ICO
Initial Coin Offering. A fundraising method where new cryptocurrency projects sell tokens to early investors to raise capital for development.