WAGMI – short for We Are All Gonna Make It, is a popular catchphrase among the crypto community. The intent is to build faith, especially among crypto and NFT investors. But recent checks with Google Trends show that WAGMI is going out of fashion. This is understandable, as crypto prices and NFT sales seem to have gone down a whole lot in recent months.
But where did the phrase WAGMI come from?
To begin with, the term WAGMI actually came from Aziz Shavershian, who was an Australian online fitness enthusiast around 2010. Better known as “Zyzz”, he inspired many young men across the globe to get ripped, and used the term WAGMI in one of his videos.
And so, that’s how we get the word WAGMI. In fact, it’s quite surprising to know that the term did not originate from the crypto community at all.
So, Are We All Gonna Make It?
Now, let’s face it. How many times did you say WAGMI to someone else in the crypto or NFT community in recent months? Not so much right. To be honest, many people find the term boring and unnecessary nowadays.
But not all hope is lost though. According to Nansen, the daily NFT trading volume on OpenSea has reached an all-time high recently. This has highlighted a strong demand for NFTs despite crypto markets going down. So WAGMI or not, rest assured that the NFT market is thriving and is here to stay for many years to come.
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This article is educational material.
As always, make your own research prior to making any kind of investment.
