Degen

"Degen" is a term widely used in various contexts, especially within the cryptocurrency and finance communities, and it has different nuances depending on the context. Originally derived from "degenerate," it has been co-opted by some online communities in a semi-ironic or playful manner.

### Broader Use

Outside of financial contexts, "Degen" can simply refer to someone who indulges excessively in any activity, often to the detriment of their well-being or social responsibilities. This usage still ties back to the original meaning of "degenerate," indicating a decline from previously high standards.

###1 Reclamation and Community Identity
In online culture, especially within communities centered around cryptocurrencies, NFTs (Non-Fungible Tokens), and similar technologies, the term "Degen" has been reclaimed by some.

###2 
They wear it as a badge of honor, highlighting their readiness to embrace new, unproven opportunities and technologies, even when these choices are viewed as unconventional or risky by mainstream standards.

###3
It's essential to interpret the term "Degen" within its specific context to understand whether it's being used in jest, as a self-identifier, or as a critique