Degen

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.

PhD in aviation ∩ climate science | Aviator, diver, ETH maxi, nexialist | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Quality discussion all around.

The bull case I see for Degen is adoption. Degen is branding itself as a social token.

If you you look closely, the team for the past months has been building the infrastructure and partnership for that to happen.

I see a couple of viral apps coming out of Degen

Cluster on the right = astroturfed Korean language $degen accounts

@jacek at least makes some effort to disqualify said accounts 

@dwr.eth continues to cheerlead growth, counting said accounts as DAU 🧐🤨

Save the gaslighting for someone else, Dan 🤡🤡

Re: adoption; if you look closely, you also see a large volume of astroturfing / fake engagement by multi-account bots who seem to be farming $DEGEN at scale

Actual adoption may be much smaller than it currently appears and will drop off sharply once free tipping ends

Team /depe Founder of @VerifiedCreators and Virtuallypros

verifiedcreators.io

virtuallypros.com

 Aspiring design engineer 🎨👩‍💻

Re: adoption; if you look closely, you also see a large volume of astroturfing / fake engagement by multi-account bots who seem to be farming $DEGEN at scale

Actual adoption may be much smaller than it currently appears and will drop off sharply once free tipping ends

https://warpcast.com/geoffgolberg/0xca79474d

I was referring to third party applications adopting the Degen L3 chain and using $Degen as their native token.  Similar to what Uniswap did for Ethereum.