1️⃣ caught in current cycle of short-term games (memes similar to VC/Angel/KOL pump & dumps)
2️⃣ realization this fun meme $degen has an economy & contributes to Farcaster + Base
3️⃣ realization the economy is not just about tipping on farcaster but also creator staking, trading games AND status #degenscore

interest in football, ecosystem growth, econ, investing, chess

Therefore, $degen is not just a great community currency for apps in the Farcaster ecosystem (and generally social media, degen things)..

It is also great to show status - especially as Farcaster becomes the townhall of crypto and $degen the center of the attention economy.

This is why we $degen 🎩🙏

Ps: which crypto economies are bigger? Can you name 5, 10?

Status can only be achieved with sound money policy & no begging for tips - otherwise it will be inflated 
@naval.

”Luckily” supply is distributed widely & fairly, inflation is down, core community is focused on high-quality: tipping $degen is an invest in new community members and especially apps, builders 🎩