Difference between revisions of "Mooning"

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Mooning refers to the phenomenon of a [[cryptocurrency]]'s price rising sharply upward "toward the moon." Mooning often reflects customers' belief in a particular cryptocurrency's probable price action.<ref>{{cite web|url=https://www.bitcoinmarketjournal.com/crypto-investing/|name=What Does ‘Moon’ Mean in Crypto Investing?|org=Bitcoin Market Journal|date=August 15, 2018}}</ref> While the moon may be the most optimistic price forecast, mooning might also connote that the price movement is fake, according to the New York Times.<ref>{{cite web|url=https://www.nytimes.com/2018/06/27/business/dealbook/blockchain-slang.html|name=FUD and HODL: How to Speak Cryptoslang|org=New York Times}}</ref>
 
Mooning refers to the phenomenon of a [[cryptocurrency]]'s price rising sharply upward "toward the moon." Mooning often reflects customers' belief in a particular cryptocurrency's probable price action.<ref>{{cite web|url=https://www.bitcoinmarketjournal.com/crypto-investing/|name=What Does ‘Moon’ Mean in Crypto Investing?|org=Bitcoin Market Journal|date=August 15, 2018}}</ref> While the moon may be the most optimistic price forecast, mooning might also connote that the price movement is fake, according to the New York Times.<ref>{{cite web|url=https://www.nytimes.com/2018/06/27/business/dealbook/blockchain-slang.html|name=FUD and HODL: How to Speak Cryptoslang|org=New York Times}}</ref>
  
 
==References==
 
==References==
 
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Latest revision as of 13:23, 20 August 2018


Mooning refers to the phenomenon of a cryptocurrency's price rising sharply upward "toward the moon." Mooning often reflects customers' belief in a particular cryptocurrency's probable price action.[1] While the moon may be the most optimistic price forecast, mooning might also connote that the price movement is fake, according to the New York Times.[2]

References