Memecoins with utility capturing some of the value of their associated protocol and underlying L2 network



$DEGEN for Farcaster protocol and Base network

$BONSAI for Lens protocol and Polygon network 

$ENJOY for Zora protocol and Zora network



DEGEN at ~$ 2B FDV is nearly surpassing the round that Farcaster themselves raised at



They have the ability to represent even more of the networked community beyond the consumer protocol they were formed on 

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