While browsing Discord channel posts or talking to people on crypto spaces, you may have seen the acronym “IYKYK” being used. What does it stand for, and why is this acronym being used as a signal between crypto enthusiasts? Keep reading to find out more about this cryptocurrency space slang!
What Does IYKYK Mean?
“IYKYK” stands for “if you know, you know”. It’s often used as a hashtag on Instagram, TikTok, or other social media platforms. Written as fully uppercase “IYKYK” or fully lowercase “iykyk”, it’s normally mentioned in a self-deprecating way like “probably nothing” or “few”.
This acronym is a relatively new entry into internet slang terms, as its first appearance on Urban Dictionary was just in December 2016. IYKYK is added when a post or something on a messaging platform is meant only to be understood by a select few.
For example, friends may add it as a hashtag for an Instagram post referencing an inside joke. If someone isn’t familiar with the joke, they won’t understand the post’s hidden meaning.
IYKYK Has Become A Signal Between Crypto Enthusiasts
While IYKYK has been used all over the internet, it’s become a widely used term in crypto slang to draw attention to posts about cryptocurrency. It’s common to see it being used as a hashtag on NFT Twitter, particularly if new crypto projects are being launched.
Adding the hashtag or acronym to a crypto-related post is also a subtle, friendly invitation to crypto investors for interaction. By retweeting, replying, or liking a crypto Twitter post with IYKYK, you signal that you also know what’s being referenced. This reinforces the sense of community that crypto project devs work to foster on social media.
IYKYK Has Inspired A Clothing Line And Token
IYKYK has become so closely connected with cryptocurrency that it’s used as the name of a crypto token. Deployed on the Ethereum blockchain in November 2021, IYKYK currently has 11 holders and a value of $0. However, there’s still some debate about whether this is a legitimate project or a scam meant to take advantage of the crypto rush.
If you want to buy a piece of IYKYK, there’s another way to do it: through clothes. IYKYK Ltd. sells themed clothes related to the cryptocurrency space. Apart from hoodies and shirts, the store is also planning to set up an NFT marketplace and BTC pullover NFT.
IYKYK can be added to the end of a message or a post to draw the attention of people who understand its significance or consequences. If you see it in an NFT Twitter post and understand what the post is about, you’re part of an online few who are in on the reference.