About Degen
DEGEN is a reward token for Farcaster users, born from meme culture. It uses a unique tipping system that empowers the community to reward quality content creators. It also powers the Degen chain, one of the pioneering L3s launched on Base.
Trading Insights
Buyer Ratio
Traders
327
69.43%
Buyers
204
148.78%
Sellers
168
22.63%
Searched
531
Market Stats
Market Cap
£27.99M
15.65%
FDV
£44.42M
Circ. Supply
23B DEGEN
Max Supply
37B DEGEN
Total Supply
37B DEGEN
Diluted Valuation
£44.37M
Performance
Popularity
#487
Dominance
0%
Volume (24H)
£5.9M
105.86%
Volume (7D)
£65.21M
Volume (30D)
£455.69M
All time high
£0.04822
Price Change (1Y)
Not enough data
63.6%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Degen has decreased by 7.91% in the last hour and increased by 15.56% in the past 24 hours. Degen’s price has also risen by 50.19% in the past week. The current price is £0.001207 per DEGEN with a 24-hour trading volume of £5.90M. Currently, Degen is valued at 97.50% below its all time high of £0.04822. This all-time high was the highest price paid for Degen since its launch.
The current circulating supply of Degen is 23,290,006,094.332 DEGEN which means that Degen has as total market cap of £27,987,059.01.
Market details
DEGEN vs markets
↘ 41.38%
DEGEN vs BTC
↘ 36.07%
DEGEN vs ETH
↘ 38.04%
Tags
memes
binance-alpha
binance-alpha-airdrops
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.001207 | |
1 Day | £0.001021 | |
1 Week | £0.0008115 | |
1 Month | £0.0005575 | |
1 Year | £0.003264 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#239
Contributors
166
Posts
465
% About Degen
0.087%
Articles
0
X (Twitter)
56.96% bullish
Sentiment
4.8 ★
Highlights
166 unique individuals are talking about Degen and it is ranked #239 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Degen has an average sentiment score of 4.8 out of 5. Finally, Degen is becoming less newsworthy, with 0 news articles published about Degen.
On Twitter, people are mostly bullish about Degen. There were 58.88% of tweets with bullish sentiment compared to 3.37% of tweets with a bearish sentiment about Degen. 41.12% of tweets were neutral about Degen. These sentiments are based on 460 tweets.
On Reddit, Degen was mentioned in 1 Reddit posts and there were 1 comments about Degen. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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