Orca Crypto
Culture term

LARP

Someone pretending to be something they are not, usually an insider or a large holder.

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Updated 2026-08-303 min readDefinition
Definition

Someone pretending to be something they are not, usually an insider or a large holder.

From live action role play. A larp in crypto is a person performing an identity: a fake fund manager, a fake developer, a fake early holder with a screenshot of gains that are not theirs. The performance exists to make you act on what they say.

It is trivially cheap. Screenshots are edited in seconds, wallet addresses are copied not proven, and an anonymous account with a professional tone costs nothing to run.

Proof in crypto is onchain. Anyone claiming to hold something can sign a message from that wallet or show the address. Someone who will not is telling you the answer.

In practice

An account posting portfolio screenshots and calls, which turn out to be lifted from somebody else and posted after the move.

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