Degen

🌍 Pan-African
Added August 02, 2025
TOP DEFINITION
Short for 'degenerate', used humorously to describe a trader who takes ultra-high risks on speculative bets (like YOLOing into meme coins). Many crypto enthusiasts call themselves degens when they gamble on shitcoins or meme stocks.
"Only a true degen would put rent money into a coin called PotatoToken hoping to 100x it. (Meaning: Only a totally reckless gambler would put their rent money into a cryptocurrency called PotatoToken in hopes of a 100x return.)"
by Khulekani Dladla August 02, 2025
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