Degen: Airdrop 2 Season 3 claims will be delayed for several hours
Degen announced on X platform that the Airdrop 2 Season 3 application will be delayed for a few hours.
A whale bought 66.64 million DEGEN 11 hours ago, with a floating loss of about $248,000
According to Lookonchain monitoring, a certain whale spent 818 ETH (3.02 million US dollars) to buy 66.64 million DEGEN (2.77 million US dollars) 11 hours ago. Based on the current price, the loss is about 248,000 US dollars.
L3 chain Degen Chain’s 24H trading volume is nearly US$100 million
According to reports, since its launch last week, Layer-3 chain Degen Chain has attracted a lot of attention and trading volume, and its native token DEGEN has surged by 500%. Data shows that in the past 24 hours alone, Degen Chain's trading volume has reached nearly $100 million, with more than 272,000 independent transactions executed. On-chain analysts say that since last Thursday, more than 7,500 contracts and 2,300 tokens have been circulating on the network, although most of them are Rug Pull projects or scams. <br>
Degen Chain, a Layer-3 Blockchain, Sees Significant Attention and Transactional Volume with Native DEGEN Token Zooming 500% Since Release
Degen Chain, a layer-3 blockchain built on top of Base, has gained significant attention and transactional volume since its launch on Thursday. Despite not having a supported stablecoin and mostly housing speculative tokens, the network has recorded nearly $100 million in transactional volumes in the past 24 hours alone over 272,000 unique transactions. The DEGEN token, the native gas of the chain, has surged 500% since its release. Degen Chain is a customizable and application-specific blockchain built on top of layer-2 protocols, designed to handle specific types of transactions such as payments and gaming transactions.
The Degen Wealth Effect
Or why we'll soon see more Farcaster tokens launched and projects funded
A trader spent 7.35 ETH to buy DEGEN and made a profit of about US$5 million.
According to Lookonchain monitoring, a trader made a profit of about 5 million US dollars by investing in DEGEN, with a return of 272 times. He bought 260 million DEGEN with 7.35 ETH on January 15th and 21st, and then sold 102.5 million DEGEN for $1.26 million, leaving 157.5 million DEGEN.
Exploring the Divide: Degen Culture in Korea vs. the World
Respect the Degen
A few days ago, I initiated a conversation on Twitter about the meaning of 'Degen' and received a myriad of responses. This prompted me to delve deeper into how Koreans perceive Western Degen culture. In Korea, we embody the Degen spirit in our unique way, yet we often overlook the richness of its diversity. If you're curious about what I mean, satisfy your curiosity by reading on:
