The acronym WAGMI stands for “We Are All Gonna Make It.” It is a rallying cry used within the crypto community to signal high conviction and optimism for a better crypto future, which is not indicated with any specificity through the use of the phrase. It sometimes will be used by a token community to build confidence that their particular asset will rise in value, or it could be used to refer to a brighter future for the entire crypto industry.
There are other acronyms closely related to WAGMI. GMI is short for “Gonna Make It,” while NGMI is used to say “Not Gonna Make It.” There is also a token called WAGMI, and it derives its name from the acronym.