Degen

The term "Degen" is often used in the cryptocurrency and NFT communities to describe someone who takes high-risk, speculative bets in the market. It’s shorthand for "degenerate," suggesting a gambler’s mindset, someone who dives into risky trades without much concern for long-term stability. While "degens" can make massive profits in volatile conditions, they also face significant losses. The lifestyle of a degen is often tied to fast-paced, adrenaline-fueled trading, where success or failure can happen in an instant.