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Klar
@brottobec
After the announcement of Farcaster’s $150 million funding, the Degen (DEGEN) token—a community memecoin—saw a 17% price spike. Originally created as a reward token for community interaction, it has become an important part of the Farcaster ecosystem . Opinion: The rise of DEGEN underscores the power of community-driven tokens, but its sustainability is uncertain. The market for memecoins can be volatile, and DEGEN’s long-term value will depend on Farcaster’s success.
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