The name references the Greek myth of King Midas, whose touch turned everything to gold, a story long used as shorthand for wealth and greed. Online, this short shimmer has become a reusable cue for that same idea, appearing in meme edits, gaming clips and short videos whenever something gains sudden value. Its appeal is its instant readability, viewers understand the joke without explanation in under four seconds, which keeps it useful for reveals, transformations and ironic luxury upgrades across social platforms.