Red Dildo 

The result of a massive dip or flash crash from a cryptocurrency asset. The opposite of going to the moon

I was one zero away from being debt free and then I saw the Red Dildo

Red Dildo by Amigospc May 11, 2021

red dildo 

An adjective used to describe a situation in which everyone is in "fucked".

When yelled, it can be a warning to others to hide from someone who is not liked.

Someone yells "red dildo!" Dorm room doors slam shut.

red dildo by Jimbo Pierce November 21, 2007

red neck dildo 

using a rusty trailor hitch, preferably from the 70's or 80's to pleasure your self analy or vaginaly

I was horny so I went outside and pleasured myself on my uncles pick up truck red neck dildo style "Floppy J"

red neck dildo by Floppy J October 13, 2010