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T. Shelby 🎩🦊
@thommyshelby17
Gm blockmates! Any ideas on any new crypto? Or something interesting! I read you
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Selena Trump 💜
@selenatrump
Just searched about degen and got this. Is it correct? The cryptocurrency DEGEN has seen a lot of volatility recently. After being listed on Coinbase on October 15, 2024, it initially surged by 20% but then faced a sharp drop of 27% within days, as traders reacted to the news. The token is connected to the decentralized social platform Farcaster and powers the Degen Chain, a layer-3 blockchain built on Coinbase’s Base network. Its rise to popularity is partly fueled by its meme culture origins and its community-driven rewards system. Before this dip, DEGEN saw a significant rally, gaining more than 160% in early October when Coinbase first announced its listing roadmap for the token. However, the post-listing downturn reflects the high volatility often seen with meme coins and community tokens like DEGEN.
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