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What is Moon?

Crypto Terms Glossary: What is Moon?

When an asset dramatically increases in price during a relatively short period of time, the asset is often said to have mooned. The term is particularly common in cryptocurrency markets, where many crypto assets have displayed volatile behavior, and where some assets have been known to not only dump in price (losing a large percentage of their initial value) but also moon in price (increasing in value substantially within a relatively short period of time).

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