GM meaning in crypto: the two-letter ritual, gn and "gm ser"
Why a market that never closes starts every day with a greeting: what gm, gn and ser mean, a dated timeline from 2003 to the 2021 backlash, and what else the letters can stand for.
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Two letters before anything else
Open a crypto timeline, a Discord channel or a Telegram group and the first thing you will usually find is gm: good morning. Sometimes it is the whole post, with or without a coffee emoji, and replies of "gm" stack underneath like a roll call. Its evening counterpart is gn, good night. Lowercase is the habit, though capitals mean the same.
The literal sense matters less than the job it does. Decrypt's 2022 slang guide says gm spreads positivity and builds a sense of community among crypto and NFT traders. CoinMarketCap Academy calls it one of the most widespread memes in the scene and admits nobody knows where it began. Each gm tells the room: I am here, I am one of you, the market is open. It always is.
A greeting with a timeline
- September 2, 2003. Urban Dictionary logs gm as a text greeting. Know Your Meme says it has been used that way for about two decades, and Wiktionary files it under texting and internet slang.
- March 8, 2018. The earliest documented gm on NFT Twitter, according to Know Your Meme: a reply that reads "Hey GM!".
- 2018 to 2020. Sporadic at first, then growing.
- Early 2021. Use accelerates with the NFT boom.
- September 1, 2021. A widely followed NFT collector posts a thread explaining the habit: the community says good morning because it sees itself as friendly, optimistic and global. Meme formats follow within days.
- November 2021. Outsiders mock it, and Know Your Meme records the charge that it works as gatekeeping, a password for the in-group instead of a greeting.
Both readings survive. To insiders gm is a hello, and to skeptics it is a badge. The truth likely sits between the two: the phrase is old, the habit is young, and what makes it crypto is not the words but the fact that thousands of strangers say them to each other every single day.
How gm and gn get used
The default tone is neutral, leaning warm. It becomes mock only when used ironically, say after a dreadful night for the market.
- A whole post. Two letters announcing you are online.
- A reply. A friendly way to engage with an account when you have nothing to add.
- An opener. "gm" ahead of a question or an announcement softens it.
- gn as a sign-off. The poster is leaving the screen.
Clock time plays no part. With a global audience and a market that never closes, a gm at three in the afternoon or three at night is equally correct, and the mismatch with the calendar is half the humor. The ritual also costs nothing, which explains both its spread and its reputation: anyone can join in two keystrokes, and anyone can tell at a glance who is using it as a password and who as a hello.
Three lines written for this page, none quoted from a real account:
- "gm. Coffee, charts, no trades before noon."
- "gm to everyone who held through that candle."
- "Down 30% since lunch. gn."
Ser, the usual sidekick
Ser is "sir" spelled wrong on purpose, and it can be aimed at anyone: a stranger in your replies, a founder, a friend. Decrypt defines it as a way to address someone in the NFT community and offers the example everybody recognizes, "gm ser". CoinMarketCap Academy calls it a misspelling that has settled into the scene.
As with fren for "friend", the point is the wink: "sir" sounds stiff, "ser" says you know the in-jokes. It is not tied to gender either. An Urban Dictionary entry from September 2021 describes it as a genderless "sir or madam" that caught on with crypto Twitter, and in practice women and faceless accounts get it as readily as men. On its own it means little more than "you"; the mood comes from what surrounds it. A rough reading rule: before a greeting it is friendly, before a correction it is a raised eyebrow, after a question about dates it is impatience. Two more invented examples:
- "ser, the contract address in your bio points to a different token."
- "Respectfully ser, you bought the top and called it conviction."
No first use is documented. The oldest crypto records we found are Urban Dictionary entries from September and October 2021, placing its spread inside the same NFT boom that made gm a daily habit. Those entries are written by users, so they prove a sense existed, not when it began. The mocking-origin claim above deserves the same caution.
A footnote for fantasy readers: Wiktionary records "Ser" as an archaic spelling of sir that George R. R. Martin revived for A Song of Ice and Fire. A fan writing it quotes a novel; a trader writing it quotes the timeline.
Other GMs
Few two-letter abbreviations carry as many meanings. Wiktionary lists General Motors, game master (whoever runs a role-playing game), chess grandmaster, general manager and genetically modified, among others. A lowercase "gm" alone on a crypto timeline is the greeting; "GM" beside a share price is the carmaker.
Related terms
- fren: another word that marks you as part of the community.
- WAGMI: the same optimism, stated as a promise.
- LFG: what gm becomes when the market is green.
- Crypto Twitter slang: the full glossary, with tone tags.
Sources
- Know Your Meme: GM / Good Morning, 2025
- Decrypt: guide to Bitcoin and NFT slang, 2022
- CoinMarketCap Academy: crypto slang to learn, 2022
- Wiktionary: gm, 2026
- Wiktionary: GM, 2026
- Urban Dictionary: ser, 2026
- Wiktionary: ser, 2026
Questions
Is gm only said in the morning?
No. The community is global and the market never closes, so people post it at any hour, which is part of the joke. It works as a hello rather than a time check.
What does gn mean?
Good night. Decrypt notes it behaves like gm in the evening and usually means the person is logging off. Said under a bad chart, it can also mean "I have seen enough".
Why do crypto people post gm so often?
It costs nothing and marks you as an insider. In September 2021 a widely followed NFT collector posted a thread explaining that the community says good morning because it sees itself as friendly, optimistic and global. Critics saw the same habit as gatekeeping.
When did gm start in crypto?
The abbreviation itself is old internet shorthand, with an Urban Dictionary entry dated September 2, 2003. Know Your Meme dates the earliest documented use on NFT Twitter to a reply reading "Hey GM!" on March 8, 2018. The exact origin of the ritual is unknown.
What does "gm ser" mean?
"Good morning, sir", the standard greeting plus the standard form of address. It serves as a hello, a friendly reply to someone's first post of the day, or a light opener before a question.
Is "ser" offensive?
Usually not, but a reported backstory exists. CoinMarketCap Academy writes that it supposedly began as a way of mocking Indian and East Asian crypto users for saying "sir" often, while noting most people are unaware of it. Nobody has documented this with dated examples, so it stays a theory.