What do WAGMI and NGMI mean?

You join a crypto conversation and see dozens of users writing “WAGMI”: what is everyone celebrating? The acronym stands for “We’re All Gonna Make It.” It’s a slogan of optimism and solidarity, like the “let’s do this” a group of friends says before a tough game.

NGMI comes from “Not Gonna Make It,” referring to you, them or whoever it’s aimed at. It’s used to mock or disapprove of someone, a decision or a project. It can be friendly teasing, but also an outright insult. Tone and context change the meaning.

For example, a team that completes an upgrade may post “WAGMI” to celebrate together with its community. Likewise, under a post by someone who lost money chasing a rumor, others may comment “NGMI.” Both expressions often show up in conversations about crypto and NFTs, but they are also used ironically.

Why it matters

If you follow communities on X, Discord or Telegram, these words help you read the mood. WAGMI can signal excitement and a sense of belonging. NGMI can reveal disagreement, sarcasm or pressure on anyone who doesn’t go along with the crowd.

We find it useful to separate community sentiment from the facts about a project. A thousand “WAGMI” messages don’t prove that an app works properly, and one “NGMI” doesn’t establish that someone made a mistake.

What to watch out for

“We’re all gonna make it” is not a promise of profit. It can also be used to foster overconfidence or the fear of missing out on something big. Likewise, the NGMI label can discourage reasonable questions by portraying caution as weakness.

When a conversation answers every question with nothing but slogans, it doesn’t give you enough information to judge the technology, the team or the risks involved.