Degen

🎉 DEGEN Hits 1M Holders! 🎉

We’ve reached a HUGE milestone—1,000,000 holders of $DEGEN on @base! More decentralization, more adoption, and a stronger network effect.

But what does this really mean? Let's break it down.

🔄 RT & celebrate!

The Pros of 1M Holders

💪 Widespread adoption & tipping economy growth
🚀 Stronger network effects & awareness
🤑 More decentralization & fairness

But... are they active users or just holders? 🤔 Let’s dive in.

DEGEN Holder Breakdown

🔎 90% of wallets hold tiny amounts, showing wide distribution but also a challenge. 🤔

🔄 This is something we need to work on—getting more holders actively engaging & using DEGEN.

What's Next for DEGEN?

✅ Increase on-chain activity
✅ Build real use cases (games, casinos, marketplaces)
✅ Ensure fair distribution (reward real users, not farmers)

Let’s push DEGEN to new heights—together! Drop your thoughts below!

The tiny amount might be Warpcast wallets. people don't put much in them until they have full control of their wallets. We should just give it time!