Degen

willingness to take on significant risks in pursuit of potentially high returns.
   * This can involve investing in very volatile cryptocurrencies, meme coins, NFTs, or participating in high-risk DeFi activities like yield farming.
 * Speculative Trading:
   * They often prioritize quick gains and are driven by the excitement of potential windfalls.
   * This can lead to impulsive decisions and a focus on short-term trends rather than long-term value.
 * Web3 Culture:
   * "Degen" has become a common term within the Web3 community, sometimes used with a mix of self-awareness and even a sense of pride.
   * It reflects the fast-paced and often unpredictable nature of the cryptocurrency and Web3 space.
 * Driving Innovation:
   * Although the term has negative conotations, it is also true that "degens" are often early adopters of new technology, and therefore can drive early adoption of new projects.
Essentially, a "degen" is someone who embraces the high-risk, high-reward aspects of the Web3 world.