This term comes from the English word wrecked which means annihilated. Coming from the world of gaming, it has spread to the world of cryptocurrencies, where it means a big loss of money on a bad investment.
On social networks, the hashtag #rekt is used by disillusioned investors who tell their bad luck. But also by trolls who make fun of the misadventures of investors who were too naive or too greedy.
