A shortening of the word degenerate, and a conjugation of the words degenerate and generation - a generation of degenerates, such as alcoholics, drugs addicts, and others needing eventual longterm medical care for persistent substance abuse. This type of care is often liver, kidney, or cardiovascular.
by postfactor January 12, 2022
Get the degenmug. A word that's commonly used to describe someone really messed up. Do you often meet someone and say to yourself "Oh gosh this guy is total disaster!!!"? well, this word is exactly for those situations.
by anonymous November 23, 2021
Get the degenmug. An investor who puts large sums of money into jpegs on the internet with the expectation of profiting over 1-10x, while gaining popularity over social media.
by Onecrazyrichguy June 4, 2022
Get the NFT degenmug. 
Get the degenmug. You are a Degen.
by GeorgeFriend April 20, 2023
Get the Degenmug. Degen is old shorthand term for a Degenerate. Today, its main use is in the Cryptocurrency community to describe an individual who engages in risky, speculative buying and selling without doing any research.
It is also popular amongst gamblers who use the term to describe a card player, especially in Blackjack, who hits when they shouldn’t and holds when they should hit, therefore muddling the cards that the other players would have gotten.
It is also popular amongst gamblers who use the term to describe a card player, especially in Blackjack, who hits when they shouldn’t and holds when they should hit, therefore muddling the cards that the other players would have gotten.
The Casino Dealer has a 6 showing and the player in seat 1 has 17 and asks for another card. The card he gets is a King and he busts. The next player has a Queen showing so the King the first player got would have been the second players card. The other players will lose their minds and say, “Come on, you Degen, you stole my card. Why don’t you go play somewhere else.”
by BigDaddyDavey May 13, 2023
Get the Degenmug. by venqoi February 10, 2024
Get the degenmug.