To the Moon News

The term “to the moon” is used to describe a crypto asset that is in a bullish upward trend. Used as a slang term within the burgeoning cryptocurrency investor community, the first usage of this term was noted in 2017 when Bitcoin (BTC) saw its price skyrocket by nearly 20x in the span of a year and has since been used to describe the performance of cryptocurrencies that are in the midst of an aggressive bull rally.

One among many slang terms and phrases that are popular with crypto investors, the term “to the moon” can also represent early investors booking some profits from their investments. With many cryptocurrencies rising in value swiftly in the latter part of 2021, the term “to the moon” witnessed increasing usage by passionate cryptocurrency investors and those who have been critical of this asset class’s success.