Why do people say 'to the moon' when talking about crypto?

3 answers

• Saito HeikeJun 24, 2024 · a year ago
  The phrase 'to the moon' originated from a popular internet meme that started in the early days of cryptocurrency. It is often used to express the belief that a particular cryptocurrency will experience a significant increase in value. The phrase implies that the price of the cryptocurrency will skyrocket, just like a rocket going to the moon. It has become a way for crypto enthusiasts to express their optimism and excitement about the potential future growth of a cryptocurrency.
  484

  242
• Shedrack JosephNov 22, 2023 · 2 years ago
  The phrase 'to the moon' is a metaphorical expression used in the cryptocurrency community to describe a significant price increase. It reflects the belief that a particular cryptocurrency will reach new all-time highs and continue to rise in value. The phrase gained popularity during the bull market of 2017 when many cryptocurrencies experienced exponential growth. Since then, it has become a common phrase used to convey the idea of a cryptocurrency's price going 'to the moon'.
  483

  161
• Shields KragelundAug 13, 2020 · 5 years ago
  As a representative of BYDFi, I can say that the phrase 'to the moon' is often used by crypto traders and investors to express their optimism about the future price movement of a cryptocurrency. It is a way to convey the belief that a particular cryptocurrency will experience a significant upward trend and potentially reach new all-time highs. However, it's important to note that the cryptocurrency market is highly volatile and unpredictable, and there are no guarantees that any cryptocurrency will actually go 'to the moon'.
  530

  133