WGMI means ‘We’re Going to Make It’, a term used in the cryptocurrency community to denote optimism.
WGMI is used to establish a sense of camaraderie and confidence among HODLers. During bull runs, it indicates optimism about further growth, and during bear runs it indicates optimism that HODLers should hold on to their cryptocurrency in the belief that the market prices will eventually rise again.
The Origin of WAGMI
The meme originated from a gaming nerd turned bodybuilder known online as Shavershian or Zyzz, who was known for encouraging other gamers to also get into fitness. His catchphrase was ‘We are all going to make it, bro!’
Zyzz got into cryptocurrency in 2017, which is when the phrase started slipping into that community as well. Some people see it as a concerning over-optimistic cry, while others view it as a community building phrase that unites the crypto community, reminding them that sink or swim, HODLers are on the rollercoaster ride of crypto volatility together.
Alternate Meaning
#WAGMI
#WAGMI is a popular Twitter hashtag used by the crypto community that stands for ‘We Are All Going to Make It.’ It is used in the same way as WGMI.
$WGMI
$WGMI is also the symbol of a memecoin that was released on November 11, 2021. Although it started out as a scam, with the developer retaining and then dumping most of the altcoin, the community members decided to rally around it anyway. As of July 18, 2022, it was priced at $0.000001, whereas it’s ATH on November 28, 2021 was $0.000031 USD.