noun | koyn
A unit of magic internet money that you can use to buy drugs, JPEGs of apes, and the fleeting illusion of financial freedom.
Example
"Coin sounds so much classier than 'shitcoin,' 'scamcoin,' or 'Ponzicoin.' It's like putting lipstick on a pig, but the pig is your portfolio and the lipstick is your tears."
"Whenever someone asks me what a 'coin' is, I just tell them it's like a digital version of those little plastic tokens you use to ride the kiddie rides at the mall. Except instead of getting a 30-second ride on a firetruck, you get to lose your rent money on Chinese pump-and-dumps."