The term 'Jeet' is a widely adopted slang term within the cryptocurrency community, specifically on platforms like X and Telegram. It refers to a trader who sells their tokens prematurely, often for a minuscule profit or 'lunch money,' causing the price to dip for remaining holders. The meme typically depicts the cycle of regret when a token 'moons' shortly after a Jeet exits their position. Originating from the high-stakes world of low-cap 'shitcoin' trading, it has become a central part of crypto culture used to encourage diamond handing and to shame those who lack the conviction to hold through market volatility. It serves as the ultimate personification of the paper hands mentality in the fast-paced world of decentralized finance.