To the moon meaning crypto is to describe a cryptocurrency that is under a strong upward trend, or a strong belief that the cryptocurrency is going to rise significantly in price. This term is used most frequently in the cryptocurrency community, but it is not limited to the blockchain industry.
In practice, however, the term seems to be overused as it does not always seem to be matching a significant uptrend. Many cryptocurrency enthusiasts and influencers use the expression in an attempt to persuade others on social media, stating that a certain coin or token is about to go to the moon. But in fact, most of them are just trying to influence the markets in favour of their own holdings. Such a phenomenon was particularly evident during the 2017 bull market, when traders, investors, and even the mainstream media got euphoric about the Bitcoin price and the rising cryptocurrency markets, but this excitement was short-lived and unwarranted.
In conclusion, to the moon meaning crypto is a colloquial term in the cryptocurrency community to describe a cryptocurrency increasing dramatically in value.
