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A Magnogo is a crypto investor that sold at the worst point possible. The term "Magnogo" [originated] when a Telegram user called "Magnegro" bought 2k USD of $AKITA tokens soon after the [crypto currency] was launched, he owned 1% of all $AKITA. At the ATH his 90B tokens were worth 880k USD, but Magnegro sold at the bottom and is just able to buy a second hand car. Three days later, the price of $AKITA went X 5. Soon dozens of memes were made by [the Telegram] community, dubbing "Magnegro" into "Magnogo".
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