Significance of “8” or “88” in cryptocurrency/NFTs

Question

Can anyone explain why 8 seems to be a recurring price and/or theme in all things &ldquo;crypto.&rdquo; From NFT prices 8 or 88 or 88.88 to &ldquo;crypto&rdquo; related domain names being priced in usd $8,888.88.At first I thought money laundering (keeping transactions below $10k), then I thought maybe there is something to it meaning or representing wealth in China sort of like a lucky number...now I&rsquo;m just under the impression it&rsquo;s got to be a meme - like the egg meme as it relates to crypto - coming from telegram/discord channels.

tdeck · Accepted Answer

Not sure, but 8 is certainly considered a lucky number in China. House and phone numbers with 8 in them are supposedly favored by some Chinese people, e.g. https://list.juwai.com/news/2020/06/chinese-pay-attention-to... (I'm not familiar with this source but there are many similar articles)

throwaway81523 · Answer

First thing I thought of was 88, as in 1488. See:https://en.wikipedia.org/wiki/Fourteen_WordsI'm not into cryptocurrency enough to have any idea of whether that's the real origin.

ixacto · Answer

Google owns 8.8.8.8.

creepto · Answer

Nazis love crypto.8 is their favorite number.

Significance of “8” or “88” in cryptocurrency/NFTs

Not sure, but 8 is certainly considered a lucky number in China. House and phone numbers with 8 in them are supposedly favored by some Chinese people, e.g. https://list.juwai.com/news/2020/06/chinese-pay-attention-to... (I'm not familiar with this source but there are many similar articles)

First thing I thought of was 88, as in 1488. See:
https://en.wikipedia.org/wiki/Fourteen_Words
I'm not into cryptocurrency enough to have any idea of whether that's the real origin.

Google owns 8.8.8.8.

Nazis love crypto.
8 is their favorite number.