"Gambling on the Edge of Crypto Chaos"

A degen (short for "degenerate") crypto trader is someone who takes extreme risks in the cryptocurrency market, often investing in meme coins, low-cap tokens, or unverified projects with minimal research, driven by hype, social media buzz, and the hope of quick, massive returns. This trading style prioritizes speed and gut instinct over strategy or analysis, embracing a culture of FOMO, high volatility, and sometimes reckless behavior. While some degens strike lucky and gain life-changing profits overnight, many suffer heavy losses due to scams, rug pulls, or sudden market crashes. The degen approach captures the wild, speculative spirit of crypto’s darker corners—entertaining and adrenaline-filled, but ultimately unstable and unsustainable for most traders.