Glossary
Degen
Also written or said as: degens, degenerate, degening, degen play
A trader who takes big, fast risks, often on purpose.
Short for degenerate, and used with pride. A degen apes fresh launches, trades with leverage and holds coins with ridiculous names. The word is half joke and half warning: degen plays sometimes win big, and most of them lose.
Learn it properly inThe culture of the trenchesMemecoins 101 · 3 min readThis guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.