Degen

Information from The State of Sarkhan Official Records

Not to be confused with $DEGEN

"Degen" is a slang term used in the cryptocurrency community to refer to someone who engages in high-risk, speculative investments in cryptocurrencies. It is often used to describe people who are willing to take on significant financial risk in the pursuit of quick gains or large returns. Degen is a shortened form of "degenerate," which is a term typically used to describe someone who engages in risky or undesirable behavior. In the context of cryptocurrency, the term is often used to describe individuals who are willing to invest large amounts of money into cryptocurrencies that have a high degree of volatility and a low chance of success. These individuals are often willing to take on significant financial risk in the pursuit of profits, and are often seen as being less concerned with the long-term stability of the cryptocurrency market.