What does 'Degen' mean in crypto?

The term ‘degen’ can be traced back to sports betting. Shorthand for ‘ddegenerate’, it’s generally used as an insult, referring to gamblers with a tendency to stake large amounts of cash without the knowledge or experience to back it up. In the ever-growing crypto space, however, traders have started to wear the label with a sense of pride.

What is Degen in comic strips?

I tried to explain what Degen is in comic strips. I explained what Degen is. Degen is short for degenerate. It is a crypto term to refer to someone who truly believes crypto projects to the extreme degree of overconfidence without caring of any consequences.

What is Degen trading?

Degen. By CoinGecko | Updated on Aug 12, 2021. Shorthand for Degenerate. Degen trading or Degen mode is when a trader does trading without due diligence and research, aping into signals and FOMO into pumps. A Degen Trader does not know about metrics like FDV or TVL nor do they care.

What is a Defi Degen?

DeFi degens are closely associated with the pump and dump trend, in which junk coins are hyped up through private forums and channels only to be abandoned or forced into collapse — but not before degens have taken their profits.