Degen

The Degen Token (DEGEN) has been making waves in the crypto space recently. Here are some updates:

Market Performance: DEGEN is currently priced at $0.003431, with a market cap of $62,509,600. It has seen a 2.7% increase in the last 24 hours1.

Community Growth: The Degen Chain, which supports DEGEN, has reached nearly 2 million accounts and over 20 million transactions. This highlights the growing popularity and engagement within its ecosystem.

Challenges and Developments: The DEGEN team has been dealing with infrastructure issues with ConduitXYZ, which holds bridge keys for the token's rollup infrastructure. This has led to delays in migration and discussions about potentially launching on a new chain.