Jeet

The term spread in Solana memecoin communities around 2023 and 2024. Calling someone a jeet accuses them of lacking conviction and hurting the community by selling early, much like paper hands but harsher. Communities that ask holders not to jeet are usually trying to stop a price from falling after a launch or a pump.

From a trading perspective, the behaviour it mocks is often rational. In memecoins, where most tokens lose nearly all their value, taking profit early is one of the few ways to avoid becoming exit liquidity for insiders. Social pressure not to sell tends to benefit those who already hold large, cheap positions.

The word is also widely considered offensive, because its origins are linked to a slur aimed at people of South Asian descent. Many platforms and community moderators discourage it for that reason, and its use in professional or public communication is generally avoided.