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Wojak began as a classic meme from internet forum culture, first referred to as "Feels Guy." It is typically used to convey emotions like anxiety, excitement, loneliness, and FOMO. With the growth of the crypto marketplace, Wojak has been extensively adopted across Crypto Twitter, Telegram communities, and the Meme Coin ecosystem to illustrate trader sentiment, market cycles, and changes in community psychology. Now, Wojak is more than just a meme image—it has become a cultural language and identity marker within the crypto community.