This article has been translated from English to Gen Z Slang.
Moon or Mooning in crypto talk is low-key about when a coin goes zoom zoom and skyrockets in value. 🚀✨
It's like it’s yeeting itself into space, aiming straight for the moon! 🌕
Back in the day during the 2017 bull market glow-up, a ton of altcoins were pulling a double or triple in value in just days or weeks. 🔥💸
Peeps were like, “Yo, those coins are totally going to the moon” or just plain “mooning”. 🚀
The tea on those wild gains spread all over social media and even hit the news, sharing the glow-up stories of Crypto Millionaires who bet $1,000 on Bitcoin (BTC) in 2012 and then majorly secured the bag years later. 💰
“To the moon” is basically what everyone’s tweeting whenever they’re hoping their digital coins are gonna bring in filthy gains like no other! 😜
The meme-fave and pupper-themed token, Shiba Inu (SHIB), totally mooned in October 2021, and it was straight up crazy with a 765% increase in that month alone. 📈🐕
It was like, the MVP of cryptos with a serious market cap of over $10 billion at the time. 💪🚀