Often used in online cryptocurrency communities and social media, the term ‘mooning’ typically means that a cryptocurrency’s price is experiencing rapid and substantial growth. It originates from the idea that when a cryptocurrency’s price ‘moons’, it rises so high that it seems to be reaching for the moon or that the cryptocurrency is ‘on a moon mission’.

Key Takeaway

‘Mooning’ refers to a dramatic increase in the price of a particular cryptocurrency, leading to substantial gains.

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