Moon

What does Moon means?

An NFT way of describing a rapid increase in the volume and price of a cryptocurrency or digital asset. The “moon” is the ultimate goal of most NFT projects, and the term often expresses optimism about the outcome of a project—it’s sometimes used literarily as “to the moon” on social platforms like Twitter.

Example usage

“Did we moon without you? Join our upcoming project.”
“The project keeps mooning.”

Random Slangs

FOMO

An acronym for “fear of missing out.” It’s a fear of missing big rewards despite investing in a project or a cryptocurrency. A FOMO might

Utility-focused NFTs

These are NFTs that offer real-life uses or tools to perform a task. An excellent example of a utility NFT is Moonly, which gives unique

Presale

It’s the process of selling NFTs to chosen investors (usually early supporters) before the official mint date. Presales typically sell at a price below the

Floor

Often described as the floor price, it’s the lowest selling price of a digital product. The lower the floor of an NFT, the more valuable

Snipe

Used when someone buys a rare NFT at a price below its actual value. Essentially, it means a profitable deal on an NFT. Someone might