Where did Wagmi come from?

Can you elaborate on the origins of the term 'Wagmi'? It seems to have gained popularity recently in the crypto community, but I'm curious about its roots and the specific context in which it was first coined. Did it emerge from a particular project, community, or as a response to a particular event in the crypto space? Additionally, what does 'Wagmi' signify, and how has it been adopted and interpreted by the wider crypto community?