Short for ‘degenerate.’ A type of crypto investor that takes exceedingly risky positions with potentially incredible upside, often without doing much research. See also: Ape into
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Crypto assets are highly volatile and largely unregulated. There is no guarantee that any crypto asset will have at any time in the future certain value (if any) or market liquidity.
Crypto assets are at risk of losing substantial (or all) value within a short time period.
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