The Brief: Online, stock traders may use the phrase "to the moon" and the rocket emoji 🚀 to predict that a stock or cryptocurrency will have a dramatic rise in value.
Often paired with a moon or shooting star emoji, the rocket emoji 🚀 and phrase “to the moon” refer to stocks and cryptocurrencies going up in value, so high that they’d reach the moon. This lingo is popular on the Wall Street Bets subreddit and other investment internet communities.
🚀 and “to the moon” may also be accompanied with “diamond hands” 💎 🙌 to suggest that a stock is worth holding onto because it will continue to rise in value.
— Jonathan Boden (@JonBoden237) February 1, 2021
— Alex Westad (@AlexWestad) February 1, 2021