WAGMI – short for We Are All Gonna Make It, is a popular buzzword in the crypto community. The intent is to build trust, especially among crypto and NFT investors. But recent checks with Google Trends show that WAGMI is going out of style. This is understandable as crypto prices and NFT sales appear to have fallen sharply over the past few months.
But where does the term WAGMI come from?
First off, the term WAGMI actually came from Aziz Shavershian who was an Australian online fitness enthusiast circa 2010. Better known as “Zyzz”, he inspired many young men around the world to get ripped and used the term WAGMI in one of his videos.
And that’s how we get the word WAGMI. In fact, it’s quite surprising to know that the term didn’t originate in the crypto community at all.
So will we all make it?
Let’s be honest. How many times have you said WAGMI to someone else in the crypto or NFT community in the last few months? Not so right. To be honest, many people these days find the term boring and redundant.
But all hope is not lost yet. According to Nansen, the daily NFT trading volume on OpenSea has recently reached an all-time high. This has highlighted strong demand for NFTs despite the decline in crypto markets. So WAGMI or not, rest assured that the NFT market is thriving and will continue to be for many years to come.
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This article is educational material.
As always, do your own research before making any type of investment.
