A common slang used in the crypto world to refer to the market value of a Sometimes referred to as a token, or a coin. The two terms are used pretty interchangeably. Essentially, it is a digital... Click for full definition going up significantly. In other words, the price is “going to the moon”. 🙂 It means… going way up.
If a coin is “mooning”, it means it is going up in value at a pretty good rate.
The phrase “to the moon” simply means they expect the price to go up really high.