Degen

What does the term degen mean in crypto?
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In crypto, "degen" (short for degenerate) refers to traders and investors who take high-risk bets on speculative assets, often with little research or fundamental analysis. Degens typically participate in meme coins, low-cap altcoins, and high-leverage trades, hoping for massive gains despite the risks. The term is often used humorously or with a sense of pride in crypto communities.

𝐀𝐜𝐭𝐢𝐯𝐞 𝐢𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭𝐬 (𝐜𝐫𝐲𝐩𝐭𝐨)
ɪɴ ᴛʜᴇ ᴀɪʀᴅʀᴏᴘ ᴀɴᴅ ɴꜰᴛ ꜱᴇᴄᴛᴏʀ