Degen Dictionary

Learn the slang, memes, and lingo of the degen world, from YOLO to HODL, and embrace the culture of high-risk investing.

YOLO

"You Only Live Once," used for taking big risks.

HODL

"Hold On for Dear Life," referring to holding a crypto asset.

Buy the Dip

Purchasing assets during a market downturn.

To the Moon

The belief that a crypto asset will skyrocket in value.

FOMO

Fear Of Missing Out, driving impulsive decisions.

Rekt

Suffering significant financial losses.

WAGMI

"We’re All Gonna Make It," expressing optimism.

NGMI

"Not Gonna Make It," referring to bad decisions or projects.

Diamond Hands

Holding onto assets despite market volatility.

Paper Hands

Selling assets too early due to fear.

Rug Pull

A scam where project creators run away with investors' funds.

DeFi

Decentralized Finance.

Ape In

Going all-in on an investment without due diligence.

Bag Holder

Someone holding assets that have lost value.

Pump and Dump

Artificially inflating the price of an asset, then selling it off.

Shitcoin

Coins or tokens with little to no value or utility.

Lambo

Refers to luxury aspirations in the crypto space ("When Lambo?").

Staking

Locking up crypto to earn rewards.

Burn

Reducing the supply of a token to increase scarcity.