The phrase "skyrocketing value" means that something is increasing rapidly in worth or price, just like a rocket shooting up into the sky. Full definition
Hagerty sought out one of these last Series II models due to the rapidly skyrocketing value of concours - condition examples. (automobilemag.com)
It's quite essential for an unitiated trader to know which crypto - currencies are scams and which have the real potential to skyrocket the value just as Bitcoin. (cryptocoinjudge.com)
Rapid product iteration and skyrocketing value surely helped recruit Josh Elman, who Robinhood announced yesterday has joined as VP of product as he transitions to a part - time roll at Greylock Partners. (techcrunch.com)