Memes have become an important, if somewhat ridiculous, part of the cryptocurrency community.
There is a lot of volatility in the crypto market, and the price of cryptocurrencies can fluctuate sharply in a short period of time. Memes provide a way for people to express their emotions and deal with the ups and downs of the market in a lighthearted, humorous way.
Crypto culture is largely centered around online communities and social media, and memes are a widely used form of communication. This allows people to communicate complex ideas or feelings quickly in a way that can be easily understood by others in the community.
Many concepts and terms in the crypto world can be challenging to understand for those new to the space, and memes are a way to simplify and explain them Crypto is also full of speculation and hype, and memes are an outlet to mock more outlandish claims.
Here is a selection of the most popular cryptocurrency memes.
Hodl
“Hoddle” originated from a misspelling of the word “hold” in a Bitcoin forum post in 2013. The original poster, who was apparently frustrated by Bitcoin’s volatility
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I mistakenly wrote “I am hodling” instead of “I catch” in the market. The typo caught on, and soon, hodl became a popular term in the crypto community, used to express a long-term investment strategy to hold your cryptocurrency through short-term market fluctuations
Memes are often used in case of crypto market volatility to express the belief that a particular cryptocurrency will appreciate in the long run This can be found on social media, forums and chats as a way to express support for a particular currency and long-term investment strategy.
It is also used as a backname for “hold on for dear life”, which refers to the volatility of the crypto market.
When is the moon?
For example, “Hoddle”, “When is the moon?” is a phrase used online for people to indicate excitement or hope that a cryptocurrency will dramatically increase in value and provide a huge return on investment.
“When is the moon?” Memes are often accompanied by pictures or GIFs of characters or animals looking towards the moon, excited or optimistic scenes.
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When is it long?
“When is Lambo?” The meme is often used as a tongue-in-cheek way to express people’s hopes that they will earn huge amounts of money from crypto investments — enough to buy a Lamborghini, a brand of luxury sports cars owned by one known for high performance, connections and money and success.
People ask “when is Lambo?”. Often include GIFs and pictures of Lamborghinis or the characters driving them.
When is the bicycle?
“When is Binance?” Another popular question asked by investors within the cryptocurrency community are those hoping to have their coin of interest listed on Binance, the leading cryptocurrency exchange by volume.
Every exchange has standards and requirements, and listing a property on a major exchange is often seen as an indication of the value of the property and support for the legitimacy of the project
When institutional investors?
Institutional investors are generally large financial organizations such as banks, hedge funds and pension funds that have significant financial resources and investment experience in the crypto market Their entry into the crypto market is seen as a sign of mainstream acceptance and recognition of the technology.
“When is Binance?” meme, “When institutional investors?” It expresses hope that institutional investors will enter the crypto market.
Doge
In the crypto world, “volume” refers to Dogecoin
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The cryptocurrency, which was created in 2013 as a joke featuring a Shiba Inu dog based on the popular “Doge” internet meme. Despite its origin, Dogecoin has gained a solid following and become the most important cryptocurrency, with a market capitalization of more than $11 billion at the time of writing
Pictures or GIFs of Dogecoin’s mascot, the Shiba Inu, often accompany Doge memes. Memes often include phrases like “such a wow” and “many moons” and are often used to express excitement about the prospect of a Dogecoin price increase or to mock other more serious projects
When is Satoshi?
“When is Satoshi?” Expresses hope or anticipation that the true identity of pseudonymous Bitcoin creator Satoshi Nakamoto will be revealed. While Nakamoto’s identity is still unknown, the mystery surrounding Bitcoin’s creator(s) generates much speculation and curiosity.
Memes often display images of characters or people representing Nakamoto or the Nakamoto pseudonym.