In crypto culture, the word degen gets thrown around a lot. Short for “degenerate,” the term started as an insult borrowed from gambling communities, but over time, it’s become a badge of honor in Web3. Degens are risk-takers, diving into speculative tokens, meme coins, or NFT projects that more cautious investors would avoid. In the last bull run, some of these degens made life-changing money—though just as many lost it all.
9/8/2025, 4:21:48 PM