Shubham Tuteja
@totu
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$DEGEN, it’s current status and how we can move ahead:
• Popularly falling under the meme-coin tag, the tipping mechanism is what degen runs as of now.
• Currently sitting at $500M+ FDV, the liquidation has been chaotic from an ATH of $.064
The team needs to buckle in resources (treasury, social power, BD networks) and pool it all out over multiple campaign led flows over the next few weeks, running parallel to the buildathon (base)
As of now, the industry runs on 3 major pillars ~ monetary incentives, social hype and organic community shills. Pick in where you lack, outsource the problem out of your bandwidth and build it out in public.
Degen holds in the power to be the regional token of the ecosystem, given that it moves past the current flow and automate it to function as a system on its own.
Sticking to markets statistics specifically, the upsell traction/momentum is easy to gain again; build, showcase, adapt. 3 replies
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