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Jacek.degen.eth π©
@jacek
Daily Discussion Thread - /degen - May 14, 2025
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Nico Gallardo π
@nicnode
why did $degen pump?
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Jacek.degen.eth π©
@jacek
Hard to pin it on just one thing, but there are a few strong signals. Coinbase getting into the S&P 500 brings major credibility to crypto overall. $DEGEN is already the most popular meme coin on Base, and we just had a community call where we shared updates β we're hiring, opening an office this month β things are growing fast. We also partnered with @chainpatrol to protect holders, which might be helping reduce dumps from scammers. Plus, we slashed daily emissions from 5M to 1M earlier this year. That kind of scarcity tends to kick in over time. Most likely, itβs the combo of strong fundamentals, positive momentum, and the broader market turning around. No single cause β just a lot of bullish signals lining up.
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