WAGMI is an acronym that stands for “We’re All Gonna Make It,” used among the crypto community. It describes a feeling of hope, unity, and shared belief that we will get through the tough times together. It is used to encourage investors to hold on to their token even during a downturn and trust that in the long-run there will be gains.
The phrase was popularized by Russian-Australian bodybuilder Aziz Shavershian, also known as “Zyzz”, who used it often in his motivational videos before he died in 2011. The term entered the investing circles 10 years later via subreddits amid the GameStop frenzy. Within the crypto world, the term gained popularity during the 2021 bull run, when memecoins like Dogecoin experienced their heyday.
WAGMI appears frequently on social platforms; for instance, during a crypto bull run, a user might tweet, “Bitcoin just hit $100K! WAGMI!” to celebrate and unite the community. Sometimes it’s also used to mock overly promotional influencers, but is mostly used to promote positivity. It also has an evil twin in NGMI “Not Gonna Make It”, which, as spelled out is used mostly by the pessimist within crypto.
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