Why do crypto people say “to the moon”?

Welcome to the cryptohunt jam where we spend one minute a day to explain crypto. In plain english.

What exactly does it mean when crypto people say "to the moon"? It's simply an expression of confidence that their coin of choice will see astronomical gains in value.

It's not entirely clear where the phrase comes from, but it likely originates from a 1950s sitcom called The Honeymooners, where it was often used.

In crypto, it has even taken on a literal meaning. The Dogecoin community raised money for Elon Musk's SpaceX to send a satellite called DOGE-1 towards the Moon. Besides scientific equipment, it'll also carry one Dogecoin aboard. No exact date is set for when it's flying "to the moon" just yet, but since Musk is involved... that isn't all too surprising.

But back to planet earth – always take things with a grain of salt. In pursuit of profit, people will say anything to pump their coin. So: take “to the moon” as a fun meme, not investment advice.

Disclaimer: This podcast references our opinion and is for information purposes only. It is not intended to be investment advice. Do your own research and seek a duly licensed professional for investment advice.