Degen

United States of Degen ($DUSD)

degenchain already has more than $60m locked and 1,600 coins listed on mint.club 

it's very easy to get lost in this chaos; my best advice to you is to keep it simple and don't go crazy chasing. we are still verrrrry early

i already need to bridge more degen :) as i just bought my second coin /dusd (nfa)

summoning mmo /animarising | 0xbasil.twitter

So you're saying there's downward price pressure on $degen (that $60 m that was converted to other coins)

But this will likely attract new money so it may even out

Code is my canvas  | AI art IS art | the future of art is not set in stone | Uriel Avalos | linktr.ee/robotandkid

not necessarily; it means that $60m degen has left base l2, bridged to the l3 degen chain, and has been locked up

so if anything, it's bullish for degen on base as $60m of the circulating supply has left the l2 

(or i could just be really dumb)

right... it left the base L2 where it was swapped for coins on L3. 

but technically in the future you should be able to bridge those coins from the L3 w/o swapping back to $DEGEN. But yes, right now I don't think that's the case.