“To the moon” is a phrase that originated from the cryptocurrency community, particularly among Bitcoin and Dogecoin enthusiasts. It’s often used to express the hope or belief that the price of a particular cryptocurrency (or stock) will dramatically rise.
The phrase caught on and is now often used by investors and traders in a broader context beyond just cryptocurrency. For example, during the GameStop short squeeze of 2021, many retail investors on the Reddit forum r/wallstreetbets used “to the moon” to express their belief that the price of GameStop’s stock would significantly increase.
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