Base

The Base network🔵, developed by Coinbase as a Layer 2 solution on Ethereum, has become home to several popular tokens and projects. One of the well-known tokens on Base is Degen (DEGEN).

Degen (DEGEN)

DEGEN is a meme token created as the unofficial token of the Farcaster community, a decentralized social network. It was launched in January 2024 and quickly gained traction in the crypto community. The initial distribution of DEGEN tokens was conducted through an airdrop to active members of the Degen channel on Warpcast