Memecoin glossary: jeet, cabal, cooking, CTO, dex paid and more

Memecoin slang moves fast. These are the terms people search for most, with what each one means on-chain and where to see it in a Whodl report.

Jeet

A holder who sells quickly, usually at the first small profit or the first dip. On-chain, jeets show up as wallets that bought and sold within minutes or hours. Whodl's report counts top wallets that sold in the last day and week, and flags wallets that sold near the top. "Jeets" is often said about any seller; the data tells you whether the selling is many small wallets or a few big ones.

Cabal

A group of wallets, usually linked to the dev or to each other, that buys early and coordinates its selling. On-chain, a cabal looks like linked supply: wallets funded from the same source, buying in the same block, or appearing together on earlier coins. See bundle vs cluster and the crews section of any coin report.

Cook / cooking

"It's cooking" means the coin is rising with momentum. There is no on-chain definition; what you can measure is whether holders are growing along with the price, and whether attention is running ahead of buyers. See mention spike vs holder growth.

Migration / graduation

On launchpads like pump.fun, a coin trades on a bonding curve until enough is bought, then its liquidity migrates to a regular pool (PumpSwap or Raydium, for example). Traders say it graduated. The pool after migration is what Whodl uses for the "if they sell" impact model. See how a Solana memecoin launch works.

Bonding curve

A launchpad's pricing formula: each buy raises the price along a fixed curve until the coin migrates. It means early buyers get much cheaper tokens than later ones, which is why snipers and bundles target the first seconds. See sniper vs bundler.

Dex paid

The coin's team paid DEX Screener for an enhanced token profile (logo, links, description). It shows someone spent money on the coin; it does not show who holds it. See does paying DEX Screener help a coin.

CTO

Community takeover: the original dev left, and holders took over the socials and DEX Screener profile. A CTO coin's dev history matters less than who the current top holders are. Whodl's daily news post lists coins that went through a takeover that day.

Burner wallet

A wallet made for one purpose and then abandoned, often to hide who is buying. On-chain it is a fresh wallet: few transactions, funded just before it bought. See fresh vs established wallets and how to trace where a wallet's SOL came from.

Top blast

Selling at or near the top, often a large sell that ends the run. Whodl marks top wallets that sold the top: sold within a short window of the coin's high. A coin where the early wallets top-blasted and new holders keep buying is in a different place from one where nobody has sold yet.

Supply in bundles

The share of a coin's supply bought by wallets in the same block, usually at launch. Whodl reports this as same-block supply. See what is a bundled wallet and how much bundled supply is normal.

Look up any coin's numbers under coin reports.