Degen

ok so lemme get this straight

biggest existing memecoin on Base is TOSHI at ~$40M market cap

❌ it's just a cat
❌ it's blue (weak color)
❌ has NFT launching soon (dilutes coin value)
❌ has no lore

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

not financial advice I'm just an optimist

meanwhile DEGEN

✅ is purple (the color of royalty)
✅ is launched by the Farcaster Brooklyn elite
✅ is cultivated on the Coinbase Mafia's own social network
✅ has fun community lore

seems at least 2x better

sub-$100M MC is FUD

Unlearning. Full time product manager. Part time builder/tinkerer on farcaster. Bots: @nftsoffc.

fair critique

if I had to steelman it'd be that L2s haven't been able to generate the kind of DEX volume necessary to allow memecoins to really take off because the liquidity is so fragmented

not impossible for them to run, but much harder

the only criticism I can give for $degen and for that matter the other facaaster coins, except $wowow, is that the naming isn’t very original. 

there are coins with those names already in the non farcaster degen world.

Whatever your decentralized, borderless, neutral, censorship-resistant open blockchain question is, the answer is YES… to Crypto!

it's the name of Brian Armstrong's cat

"lore" at best

Isn’t the lore just that it’s the name of someone relateds dog? Or alpaca?

It reached 87m marketcap
So degen will reach 870m mcap
It's 10x better