Crypto Slang Explained: WAGMI and NGMI – What They Mean and How They're Used

In every niche community, unique slang emerges to simplify communication and build camaraderie. The cryptocurrency world is no exception, with acronyms like HODL, FOMO, and LFG becoming part of everyday conversation on social platforms.

Two of the most contrasting—and widely used—terms are WAGMI and NGMI. These phrases sit at opposite ends of the sentiment spectrum: one radiates optimism and unity, while the other delivers a light-hearted (but pointed) critique. This guide breaks down their origins, meanings, and how they’re used in the crypto space.

WAGMI: We’re All Gonna Make It

WAGMI stands for “We’re All Gonna Make It” (variations include WGMI, GMI, or YGMI – “You’re Gonna Make It”).

It’s a rallying cry of positivity and shared confidence, often used when a project, token, or community overcomes doubt or achieves a milestone.

WAGMI expresses solidarity: the belief that despite short-term volatility or criticism, long-term success is inevitable for those involved.

The term originated outside crypto in the fitness community, popularized by bodybuilder Aziz “Zyzz” Shavershian in motivational videos around 2011. It migrated to finance via WallStreetBets during the 2021 meme stock frenzy and became a crypto staple during the NFT boom.

How to Use WAGMI

• After a successful project milestone: “Roadmap delivered early – WAGMI!”
• Encouraging holders during dips: “Market’s red, but fundamentals strong – WAGMI.”
• Celebrating community wins: “Ape’d in early and now it’s mooning – told you WAGMI!”

It’s frequently paired with rocket emojis 🚀 or diamond hands 💎 to amplify the upbeat vibe.

NGMI: Not Gonna Make It

NGMI (“Not Gonna Make It”) is the direct opposite—a playful yet sharp way to call out decisions likely to lead to losses or missed opportunities.

It’s not outright hostile; in crypto culture, NGMI often serves as tough-love advice or humorous ribbing rather than pure insult.

The term gained traction through NFT influencer JRNY Crypto and spread quickly during 2021’s bull run, used to mock skeptics comparing NFTs to historical bubbles like tulip mania.

How to Use NGMI

• Paper-handing during a dip: “Sold at the bottom? NGMI.”
• Chasing hype without research: “Buying this obvious rug? NGMI.”
• Missing a clear trend: “Still hating on NFTs in 2021? Definitely NGMI.”

NGMI can also be self-deprecating: “FOMO’d into that shitcoin – yeah, I’m NGMI.”

NGMI Meme Coin: Turning Slang Into a Token

The term’s popularity inspired an actual project: NGMI Meme Coin on Avalanche. With a 1 billion token supply and a “reverse honeypot” mechanic (preventing re-buys after selling), it leans into the joke while offering speculative upside.

Like Dogecoin (born from a meme in 2013), NGMI Coin shows how crypto slang can evolve into real assets—though with all the associated risks.

Why These Terms Matter in Crypto Culture

WAGMI and NGMI are more than memes—they encapsulate the emotional rollercoaster of crypto investing.

WAGMI fosters community resilience and long-term conviction (“diamond hands”).

NGMI highlights costly mistakes (paper hands, FOMO, poor research) in a way that’s memorable but rarely malicious.

Together, they reflect crypto’s unique blend of optimism, humor, and brutal honesty.

FAQ: WAGMI and NGMI

1. What does WAGMI mean? “We’re All Gonna Make It” – an expression of shared confidence in long-term success.

2. When should I use WAGMI? To celebrate wins, encourage holders during dips, or show faith in a project/community.

3. What does NGMI stand for? “Not Gonna Make It” – a light-hearted critique of decisions likely to lead to losses.

4. Is NGMI an insult? Usually not—it’s often used playfully or as cautionary advice within the community.

5. Are there other variations? Yes: WGMI (“We’re Gonna Make It”), GMI (“Gonna Make It”), YGMI (“You’re Gonna Make It”).

6. Why do these terms matter? They capture crypto’s emotional highs/lows and help build community identity through shared language.

As crypto continues to evolve, expect more slang to emerge—WAGMI and NGMI remain enduring favorites for their perfect balance of hope and humor.