I hope the idea on L3s end up becoming successful, but short-term it's one of several narratives & fundamentals DEGEN has behind it.

Feels weird to say DEGEN has growing fundamentals, but it does compared to other meme coins. The builders behind DEGEN are in another league when you look at their backgrounds.

Degens will buy DEGEN just for the hype, narrative, and its name. But those "in it for the tech" will also be inclined to buy (and build on it), despite the token's name.

Ultimately, it's a legitimate project with brain power in degen-wolf's clothing.