GM Wagmi is a meme coin based on the popular “gm” meme that has taken social media, especially Crypto Twitter, by storm in 2021. Gm (also written gm or GM) stands for “good morning” and is the customary greeting between crypto accounts on Twitter, irrespective of the time of the day. Like other meme coins that took advantage of a fleeting hype like Omicron (named after the COVID19 variant) or PEOPLE (a coin that wanted to buy a copy of The Constitution), GM is cashing in on the popularity of the “gm” meme and people willing to wager money on the eponymous token.
GM Wagmi humorously calls itself “the first culture coin” that stands for a supportive environment inclusive to all people. By listing on 12 exchanges in its first week, GM has achieved remarkable success for a meme coin.
The team behind GM is anonymous, but says it was inspired to create a token that would unite the decentralized financial movement and build a sense of family and mutual value within the community. The team wants to “spread goodness” and “participate in a cultural revolution,” which may result in creating incentives or investments in charities aligned with the GM community values. In the words of the team: “gm means community and community means family.”