Every car enthusiast knows that Lambo is shorthand for the car brand, Lamborghini- a luxurious brand of sports cars. In the crypto space, Lambo refers to the term used by enthusiasts out of excitement and optimism towards their investments. While Lambo is symbolic of successful investment in the crypto space, “When Lambo” refers to the time when a specific crypto token shall soar high enough that shall fulfill the investor’s dream to own at least one such exotic car.
These terms became famous in 2013 when a Lamborghini dealership in Costa Mesa started accepting Bitcoin as a mode of payment for one of its cars. According to rumors, since there were no official records, a few crypto investors were seen flaunting their purchase of this exotic car right after the bull run. Hence, these terms started getting associated with booking huge profits in the crypto space.