DEGEN is a reward token for Farcaster users, born from meme culture. It features a unique tipping system that allows the community to reward high-quality content creators. DEGEN also powers the Degen Chain, one of the pioneering Layer 3s launched on Base. Known as the “Las Vegas of blockchains,” it provides a platform for building and using Degen apps, offering a space for fun, innovation, and community-driven experiences.
Degen Price Analysis
As of May 9 2025 Degen has a marketcap of $79M.
This is {{percentagefromath}} from its all time high of $0.064543.
In terms of its tokenomics, there's a total supply of 37B with 62% currently outstanding.
Keep in mind Degen has a fully diluted value of $127M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
