The current real-time price of DEGENS is $0.0{4}1259. In the past 24 hours, DEGENS has traded between $0.0{4}1251 and $0.0{4}1306, showing strong market activity. The all-time high of DEGENS is $0.0005, and the all-time low is $0.0{5}8890.
From a short-term perspective, the price change of DEGENS over the past 1 hour is , over the past 24 hours is +0.31%, and over the past 7 days is -3.38%. These figures provide a quick overview of the latest price trends and market dynamics of DEGENS on LBank.-6.78%
The live price of DEGENS today is $0.0{4}1259, with a current market cap of $0. The 24-hour trading volume is 12.56. The price of DEGENS to USD is updated in real time.
Before deciding whether to buy or sell DEGENS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DEGENS technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DEGENS.
How much will DEGENS be worth tomorrow, next week, or next month in ? What about your DEGENS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DEGENS Price Prediction
To learn more about DEGENS, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
base | 0x4dc3...3fa2dc  | 562.871M | 56.39% |
base | 0x6ccd...dbbac0 | 40.079M | 4.02% |
base | 0xd384...4c50c3 | 20.000M | 2% |
base | 0xee5f...bbad21 | 14.827M | 1.49% |
base | 0x8b85...fe73b5 | 14.275M | 1.43% |
Other | 346.176M | 34.68% |
'The Degensons (DEGEN)' is an ERC-20 utility and meme token that originated as a reward mechanism on the Farcaster decentralized social protocol. It has evolved significantly, now serving as the native token for the DEGEN Chain, its own Layer 3 blockchain. This progression highlights its dual nature as both a community-driven token and a foundational element for a new blockchain infrastructure.
'The Degensons (DEGEN)' fundamentally addresses the need for a versatile utility token within decentralized social ecosystems. Its primary use cases include tipping, rewarding content creators, and facilitating community moderation. Crucially, it serves as the native token for the DEGEN Chain, a Layer 3 blockchain, expanding its utility beyond just social rewards into a broader infrastructural role.
The 'DEGEN' token is an ERC-20 token built on the Ethereum blockchain. For scalability, 'The Degensons (DEGEN)' has evolved to power its own Layer 3 blockchain, known as the DEGEN Chain. This Layer 3 solution is specifically designed to facilitate faster and more scalable transactions, building upon the foundational security of Ethereum while optimizing for efficiency and throughput.
The founders of 'The Degensons (DEGEN)' are not publicly known, as the project is characterized by its community-driven nature. This decentralization influences its governance and future direction. A strong and active community, particularly prominent within the Farcaster protocol, has been a crucial driving force, indicating a project heavily shaped by its user base rather than a centralized team.
The tokenomics model of 'The Degensons (DEGEN)' encompasses its total supply, distribution mechanisms, and vesting schedules. A notable aspect of its distribution strategy is the significant allocation of tokens for airdrops. These airdrops play a critical role in circulating the token among its community, which can influence its availability and engagement within the ecosystem.
The roadmap for 'The Degensons (DEGEN)' involves continuous future developments, including planned features, upgrades, and ecosystem expansion, particularly around the DEGEN Chain. Its differentiation stems from its origin as a community-driven utility and meme token on Farcaster, coupled with its evolution into powering its own Layer 3 blockchain. This blend of social integration and infrastructural development sets it apart.
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