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Learn about $DEGEN 🎩

First ever meme token on Farcaster

Cryptsam

Cryptsam

Degen is an Erc20 token built on Base, focused on rewarding active Farcaster users who contribute to its social network. Initially starting out as a meme token, $Degen was distributed as an airdrop to every active user on Farcaster that made a cast on the Degen channel.

Founded by Jacek, it's lead developer, Degen has grown to be a key component in the Farcaster social network, with its channel having over 7k members and a lot of them excited about it's recent growth and really happy to have benefited from their active participation.

Degen was initially launched at a $600k market cap and recently reached an ATH of over $30 million. Signaling a significant amount of interest and excitement from its community about its potential use case and future utilization. $Degen is currently on course to have integrated usecases within Farcaster and can currently be used to buy wraps; an onchain point reward system on the wrapcast platform.

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Degen's Airdrop 1 was marked by a significant % increase in its price, going as high as 2000% since distribution. This sparked a significant interest in its upcoming Airdrop 2, which is set to reward creators and contributors on Wrapcast by giving and receiving $Degen tips. Also having a liquidity mining program for users who provide liquidity for $Degen on Uniswap. Users receive points, which equate to an equivalent number of Degen tokens, and its final airdrop round—Airdrop 3—is set to come later.

$Degen, having just launched less than a month ago, has seen a significant spark of interest, gaining over a 2000% increase since launch price and onboarding lots of enthusiastic users to the Base and Farcaster ecosystems. Once again, proving there are no limits to the power of a United Crypto community.

Website: Degen.tips

Wrapcast channel: Degen community

Token: DegenTokenBase

 

Collect this post as an NFT.

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Learn about $DEGEN 🎩