Degen refers to an investor who takes risks in the cryptocurrency world and generally seeks high returns.
Degen is a very popular term in the cryptocurrency world and generally describes investors who invest by taking high risks and are affected by sudden price fluctuations. This term is derived from the word degenerator and refers to speculative investors who like to take risks. Degen investors generally aim for short-term returns and invest in crypto assets with high volatility. These types of investors can take big risks in the hope of making quick profits, risking the volatile nature of the market and sudden price changes.
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