Like in the real world, “GM” is simply the acronym that stands for “good morning.” However, within crypto and NFT communities, posting GM isn’t restricted to mere pleasantries. It stands for a sense of positivity and resilience. The greeting emphasizes the idea or a feeling that we are in this together. It’s a sense of belonging even in a decentralized world
But you must remember that unlike in everyday texting, GM in crypto circles transcends time zones. It can be tossed around 24×7 because the market never sleeps and participants are spread across the world. The early usage of the acronym in this space can go back to the early days of the NFT boom around 2017-2018, which is around the same time that projects like CryptoPunks and CryptoKitties became popular. But the usage became more common during the 2021 Bitcoin bull run when Crypto Twitter (now X) was buzzing with daily GM posts. This then became a ritual to boost morale when prices were going haywire.
A fitting example that showcases its versatility is when a trader post: “GM crypto fam! Bitcoin dipped overnight, but we’re holding strong. What’s your play today?” But in a bear market, he’d say, “GM grinders. Tough times, but remember, diamonds are made under pressure.”
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