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Degen

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.
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
mugGet the Degenmug.

ellen degen

A phrase the famous Soundcloud rapper Murax used to explain how his Fame is bigger than Dr. Phils in the song Prom Night
Oh my god im such and Ellen Degen
by Thatniggawillie December 7, 2017
mugGet the ellen degenmug.

degen

A human who finds feet succulent and tasty. Feet are their entire personality inside and out.
Jade: Can you see if my feet smell?
Burton: Ew no I'm not a degen
by venqoi February 10, 2024
mugGet the degenmug.

Degen

Short for degenerate. Anyone who tends to overindulge in risky behavior, particularly gambling. Compulsive gamblers, daily options traders, and shit/memecoin traders tend to ironically label themselves as this. They are willing to risk their last dollar or go into debt for another taste of the action. Other vices such as alcohol, cocaine, and hookers synergize well with the lifestyle. All degens are degenerates, but not all degenerates are degens.
Bryce just got his account liquidated trading Dogecoin perps on 50x leverage! Fuckin degen.
Apparently Jakob has taken out a second mortgage on the house. His lock of the week just sold and he needs to win it all back on this Hawaii game. Degen's gonna degen
by Danster813 March 26, 2025
mugGet the Degenmug.

degen

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.
A: Hey beauty, where can i find a grocery store? B: Sir, are ya degen? you are in one right now!!!
by anonymous November 23, 2021
mugGet the degenmug.

degen

Downgrading from one generation to the last one ***no idea how that one happend***
Person 1: I'm a degen
Person 2: Oh so you became a boomer?
by Your Gay Mother December 7, 2021
mugGet the degenmug.

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