Moon

November 21, 2023 - Around 2 mins mins to read

What Does Moon Mean?

If you ever stumble upon Crypto Twitter, “moon” is one of the most frequently used terms among bullish enthusiasts, often accompanied by rocket emojis.

Since the early days of Bitcoin, the moon has played a significant role in expressing people’s sentiments towards cryptocurrencies.

If a digital asset is “going to the moon,” it signifies that the person expressing it believes that there will be substantial price increases, either presently or in the near future.

Interestingly, “moon” can also be utilized as a verb in this context. Consequently, it is feasible for someone to state that their preferred altcoin is “mooning.”

Similar to other crypto terminologies, it can be difficult to ascertain the precise origin of a word. However, we do know that the term “HODL” originated from a typo in a Bitcoin forum in 2013.

It is probable that “moon” began to gain popularity around 2017, when Bitcoin exceeded $20,000 for the first time, marking a significant milestone in the cryptocurrency’s history.

Another word frequently employed in a similar manner is “Lambo.” This term is associated with Lamborghinis, and the phrase “when Lambo” is used to inquire when others believe a crypto investment will have appreciated enough to afford a supercar.

Glossary