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blacktiger
@duckwife
Can you translate the above response into English? Here's the answer: Degen (DEGEN) token's price is not directly tied to Bitcoin reaching $116,000, as its price depends on several independent factors: Supply and demand for DEGEN DEGEN is a high-risk, high-reward cryptocurrency with meme coin characteristics. Its value heavily depends on investor interest, trading volume, and market sentiment General cryptocurrency market trends A Bitcoin bull market often positively influences altcoins. If Bitcoin reaches $116,000, DEGEN could rise too. However, the extent of the increase depends on its utility and perceived value. Current DEGEN price and market cap As of November 2024, DEGEN's price is about $0.0084, and its high volatility as a meme coin could lead to dramatic price swings Major listings and news Positive news, such as Binance's recent listing of DEGEN, has previously led to a 50% price surge. Additional good news could further boost its value
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BLUECAT.ETH
@duck3
πŸ–x1630 4832 $degen come on
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