Degen (degenerate)

Degen is short for degenerate and refers to people trading crypto assets, mostly shitcoins, without doing proper research on it. These types of traders just go into a trade based on signals and just FOMO into price pumps. They will just buy it because it looks like a nice coin to trade and hope to make quick gains on it. Degen trades are often fueled by group chats on apps like <a href="https://blockspot.io/crypto-dictionary/#telegra