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Thomas
@aviationdoctor.eth
Once the current utility from free tipping disappears with the final airdrop, is there a genuine long term bull case for $DEGEN? What will prevent it from decaying into irrelevance like the thousands of meme coins before it? Looking for serious replies, not $DEGEN to $1 memes.
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evmlion
@evmlion.eth
I think it's actually more bullish (assuming there will be a base season) than bearish because the dilution is over. That said I believe very few meme coins can survive more than one cycle
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Thomas
@aviationdoctor.eth
There will still be 15% of dev allocation (which are currently vesting), but yes, it’s a good point that at least there won’t be significant further dilution (except for inflation which is set to start in 2027).
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Safu Frog
@safufrog
is the dev/vc allocation currently bridged to the L3 or is it on Base?
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