A phrase used to ask when the price of cryptocurrencies will explode.
The moon plays a significant role when it comes to crypto culture. If someone asks “when moon?”, they are probably an impatient trader who is desperate to find out when the value of a cryptocurrency is about to skyrocket.
Indeed, Scott Minerd, Chief Investment Officer of Guggenheim Investments, said in December 2020 that the value of Bitcoin should be around $400,000 based on its relative scarcity and relative value to gold.
The term “when moon” is also associated with amateur cryptocurrency investors who pile into the industry with the hope of achieving skyrocketing profits. For example, a cryptocurrency buyer may tweet: “I bought a bag of BTC at $22,000, when moon?”
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