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Cryptocurrency Market Cap is a metric measuring the economic size of crypto assets, calculated by multiplying the circulating token supply by the current market price. As the fundamental valuation standard for digital assets, market cap is categorized into total market cap (all tokens) and circulating market cap (tradable tokens), serving as the primary reference for assessing project scale and overall crypto market conditions.

Discord is a social platform that integrates instant messaging, voice communication, and server creation. In the cryptocurrency space, it serves as the mainstream tool for project teams to establish official communities, distribute information, implement community governance, and facilitate user interaction. It features structured servers, granular role permissions, and bot automation, providing centralized community management solutions for decentralized projects.

Discord is an instant messaging and digital distribution platform initially designed for gamers that has evolved into a core community-building tool for cryptocurrency and blockchain projects. It offers server creation, multi-channel organization, permission management, and bot integration capabilities, supporting text, voice, and video communications that enable project teams to engage in real-time interaction and information sharing with community members.

A Token Generation Event (TGE) is the process by which a crypto project creates and distributes its native token for the first time, marking the project's transition from the conceptual stage to the operational stage. A TGE is a critical step in launching a project's token economy, encompassing multiple steps, including the initial distribution of tokens to investors, the team, the community, and the public sale.