If you are new to the crypto industry and complicated to crypto slang. Don't worry, we are here to help you out. In this article, we will tell you "what does WAGMI stand for?" and the meanings of other slang.
What does WAGMI stand for?
WAGMI — We're all gonna make it. a phrase used by NFT communities to encourage optimism and the notion that everyone will prosper financially in the NFT industry, whether or not that is actually the case.
Other Crypto Slangs
ALPHA — Insider knowledge or intel.
YUGA — Yuga Labs, creators of the Bored Ape Yacht Club and present-day owners of the CryptoPunks and Meebits. Also referred to as YL.
SER — Sir. A way to address someone in the NFT community: “gm ser.”
TOP SIGNAL — A sign that the market value of something has reached its current peak. On crypto and NFT Twitter, a “top signal” could be a celebrity buying from an NFT project, a retail store making an NFT collection, or a celebrity releasing their own social token.
SEEMS LEGIT — Seems legitimate. The phrase is used ironically when something does not actually seem legitimate.
RIGHT-CLICK SAVE — Right-click on an image of an NFT and save it to your computer. Right-clicking and saving is a common retort from NFT haters, who believe that NFTs are just JPGs and do not believe in the value of blockchain -based verifiable ownership.
FREN — Friend. This is an intentional, quirky misspelling of the word friend, but it's typically delivered with a warmer, youthful pronunciation and tone.
FUD — Fear, uncertainty, and doubt. Feelings of “FUD” are quite common in the volatile crypto and NFT market. People critique others for “fudding” various coins and projects on the internet.
LFG — Let's fucking go. An excited phrase used to hype up and congratulate people, projects, or achievements.
LOOKS RARE — Used to describe a rare NFT, which is one with rare traits. Phrases also can be used sarcastically or ironically, to refer to common or ugly NFTs.
MOONBOY/MOONGIRL — A person who holds an asset and believes said asset's value is going “to the moon,” or to dramatically increase in a relatively short period of time. Can be used to describe others or oneself after realizing that one was being overly optimistic about the future of a cryptocurrency or NFT project.
NORMIE — Someone who doesn't hold any cryptocurrency or NFTs, or someone who lacks knowledge about crypto or NFT markets.
PFP — Profile picture. An acronym refers to one's profile picture on social media or messaging platforms. PFP NFTs are NFTs designed to be used as profile pictures on social media. PFP NFTs are typically square-shaped and show the portrait of a character from the chest up.
I hope now you get the answer to the question “What does WAGMI stand for?” and know the meanings of other crypto slang.
