The term, “Lambo” is actually just a shorthand for the luxury car, Lamborghini.
With relation to cryptocurrencies, the Lambo is usually the foreseen reward for making lucrative transactions with crypto trading. As such, it had gone on to become a status symbol of successful crypto traders.
The rash of crypto millionaires, who spend their Bitcoins on Lamborghinis publicly, had turned the Lambo as a signifier of the crypto bro culture. The phrase, “Where Lambo?” had become a question for traders whenever a new coin is launched. What the shorthand question tries to elicit is when will the traders’ coin be enough to afford him or her a Lamborghini. Back in January 2018, Lamboghini had actually reported a rise in its sales in light of the cryptocurrency boom.