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
79
5.33%
Buyers
51
34.21%
Sellers
33
25%
Searched
125
Market Stats
Market Cap
£20.4M
0.78%
FDV
£32.01M
Circ. Supply
24B DEGEN
Max Supply
37B DEGEN
Total Supply
36B DEGEN
Diluted Valuation
£31.58M
Performance
Popularity
#594
Dominance
0%
Volume (24H)
£1.78M
8.23%
Volume (7D)
£13.99M
Volume (30D)
£56.24M
All time high
£0.04796
Price Change (1Y)
Not enough data
76.68%
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 increased by 0.47% in the last hour and decreased by 0.43% in the past 24 hours. Degen’s price has also fallen by 22.99% in the past week. The current price is £0.0008669 per DEGEN with a 24-hour trading volume of £1.78M. Currently, Degen is valued at 98.19% below its all time high of £0.04796. This all-time high was the highest price paid for Degen since its launch.
The current circulating supply of Degen is 23,560,064,745.365 DEGEN which means that Degen has as total market cap of £20,400,419.35.
Market details
DEGEN vs markets
↘ 59.14%
DEGEN vs BTC
↘ 56.99%
DEGEN vs ETH
↘ 54.54%
Tags
memes
binance-alpha
binance-alpha-airdrops
Network & Addresses
Network | Address | |
|---|---|---|
Base | 0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0008669 | |
1 Day | £0.0008697 | |
1 Week | £0.001132 | |
1 Month | £0.001126 | |
1 Year | £0.003727 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#460
Contributors
73
Posts
129
% About Degen
0.026%
Articles
0
X (Twitter)
52.34% bullish
Sentiment
4.9 ★
Highlights
73 unique individuals are talking about Degen and it is ranked #460 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 4.9 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 53.6% of tweets with bullish sentiment compared to 2.4% of tweets with a bearish sentiment about Degen. 46.4% of tweets were neutral about Degen. These sentiments are based on 128 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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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.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
