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.

Happening now

AI generated 6h ago

DEGEN's price slipped roughly

↘8.8%

over the past day, yet the number of active traders surged roughly

↗34%

over the same period following

infrastructure changes affecting the Degen chain

.

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ARS 1.56

Trading Insights

Buyer Ratio

45%0%

Traders

109

0.93%

Buyers

49

22.22%

Sellers

68

25.93%

Searched

175

Market Stats

Market Cap

ARS 38.99B

10.61%

FDV

ARS 57.75B

Circ. Supply

25B DEGEN

Max Supply

No maximum supply

Total Supply

36B DEGEN

Diluted Valuation

ARS 57.84B

Performance

Popularity

#568

Dominance

0%

Volume (24H)

ARS 4.41B

5.77%

Volume (7D)

ARS 27.71B

Volume (30D)

ARS 142.51B

All time high

ARS 99.99

Price Change (1Y)

70.86%

Additional details

Market details

DEGEN vs markets

↘ 56.7%

DEGEN vs BTC

↘ 58.44%

DEGEN vs ETH

↘ 44.79%

Tags

memes

binance-alpha

binance-alpha-airdrops

Network & Addresses

Network
Address

Base

0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed

Price history

Time
Price
Change
Today
ARS 1.56
-11.08%
1 Day
ARS 1.80
-11.08%
1 Week
ARS 1.38
+15.00%
1 Month
ARS 1.88
-16.23%
1 Year
ARS 4.76
-70.86%

Coinbase insights

Happening now

AI generated 6h ago

DEGEN's price slipped roughly

↘8.8%

over the past day, yet the number of active traders surged roughly

↗34%

over the same period following

infrastructure changes affecting the Degen chain

.


Mixed signals across price and activity

Price moved in a wide range with an 11.5% swing over the past day while selling pressure remained elevated at 2.11x more sellers than buyers, contributing to a roughly

↘14.9%

monthly decline.


Trading activity rising amid volatility

Trading volume rose roughly

↗2.8%

over the past 24 hours with over 2,500 trades executed, reflecting continued interest despite the price movement.


Infrastructure changes affecting network

The LayerZero protocol announced

it will cease support for the Degen chain and 14 other networks over the next 30 days, a confirmed operational change affecting infrastructure.


Supply remains well distributed

The token's supply remains well distributed with the top 10 holders controlling only 0.6% of total supply, indicating broad ownership across the holder base.

Recent trends

The latest DEGEN price is ARS 1.56. Compared to Degen's value of ARS 1.80 from 24 hours ago, there's been a -11% decrease, while the current price is 15% up from ARS 1.38 which was recorded one week ago. Degen's all time high is ARS 99.99, which was reached on March 31, 2024. This is a -98% change from its price today.

The market cap is currently ARS 38.99B, which is a result of multiplying the current price of Degen(ARS 1.56) by the total supply(36,296,303,431 DEGEN). The fully diluted valuation of Degen is ARS 57.75B. The diluted valuation of Degen is ARS 57.75B.

Degen had 49 buyers, 68 sellers and total 109 trades in the last 24h. Degen was searched 175 times in the last 24h.

FAQ

We update our Degen to ARS currency in real-time. Get the live price of Degen on Coinbase.

The current market cap of Degen is ARS 38.994B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Degen is ARS 99.99. This all-time high is highest price paid for Degen since it was launched.

Over the last 24 hours, the trading volume of Degen is ARS 4.414B.

Assets that have a similar market cap to Degen include UNS TOKEN, Powerledger, LCX, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Degen is 25 billion.

Degen ranks 221 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Yes, Degen is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Degen guide.

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Social stats

Popularity in posts

#383

Contributors

104

Posts

154

% About Degen

0.028%

Articles

0

X (Twitter)

40.52% bullish

Sentiment

4.2 ★

Highlights

104 unique individuals are talking about Degen and it is ranked #383 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 4.2 out of 5. Finally, Degen is becoming less newsworthy, with 0 news articles published about Degen.

On Twitter, people are mostly neutral about Degen. There were 41.61% of tweets with bullish sentiment compared to 2.68% of tweets with a bearish sentiment about Degen. 58.39% of tweets were neutral about Degen. These sentiments are based on 153 tweets.

On Reddit, Degen was mentioned in 0 Reddit posts and there were 0 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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