degen

Degen Social Media Price(DEGEN)

Details
LBank does not support trading or services for this token.
$0.0000041
--
1d
USD
No data
Last updated on: 2026-05-30 02:21:51
DEGEN price insightsWhat is DEGEN?AI analysis reportDEGEN Price PredictionHow to buy DEGENHot EventsFAQ

Degen Social Media (DEGEN) Price information (USD)

24HLower Price
$0.0{5}4090
24HUpper Price
$0.0{5}4120
All-Time High
$0.0017
Lower Price
$0.0{5}3980
Change(1H)
-0.15%
Change(24H)
-0.11%
Change(7D)
-37.38%

The current real-time price of DEGEN is $0.0000041. In the past 24 hours, DEGEN has traded between $0.0{5}4090 and $0.0{5}4120, showing strong market activity. The all-time high of DEGEN is $0.0017, and the all-time low is $0.0{5}3980.

From a short-term perspective, the price change of DEGEN over the past 1 hour is -0.15%, over the past 24 hours is -0.11%, and over the past 7 days is -37.38%. These figures provide a quick overview of the latest price trends and market dynamics of DEGEN on LBank.

Degen Social Media (DEGEN) Market Information

Popularity
#11535
MC
$4,095.094
Trading Volume(24H)
8.36
Fully Diluted Market Cap
4.1K
Circulating Supply
998.804M
Total Supply
998.804M
Launch Date
--
Underlying Blockchain
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The current market cap of DEGEN is $4,095.094, with a 24h trading volume of 8.36, a circulating supply of 998.804M, a total supply of 998.804M, and a fully diluted valuation (FDV) of 4.1K.

Degen Social Media (DEGEN) Today's Price

The live price of DEGEN today is $0.0000041, with a current market cap of $4,095.094. The 24-hour trading volume is 8.36. The price of DEGEN to USD is updated in real time. DEGEN's 24-hour price change is -0.11%. Circulating supply: 998.804M.

Degen Social Media (DEGEN) Price History (USD)

Date Comparison
Value Change
Change (%)
No data
Want to unlock the full price history and price trends of DEGEN? View now DEGEN Price history page

What is DEGEN SOCIAL MEDIA (DEGEN)?

Degen Social Media, often associated with the token ticker DEGEN and the platform name DegenIn, is a Web3 project built on the Solana blockchain. It is designed as a specialized social hub specifically for the cryptocurrency community, aiming to merge the core functionalities of multiple traditional social platforms into a single ecosystem. The project describes itself as an all-in-one destination that combines the real-time engagement of microblogging services, the professional networking capabilities of career-focused platforms, and the community-building structures of modern chat applications. By integrating these features, it seeks to provide a streamlined environment where users can stay informed, interact with peers, and manage their digital assets without switching between multiple apps. Key features of the platform include a social feed for news and updates, community channels for deep-dive discussions, and integrated crypto-native tools. These tools allow users to view real-time charts and perform wallet analytics directly within the social interface. A central part of the project is its emphasis on creator and user incentives. It features a built-in token launchpad that enables users to create and launch new tokens with specific royalty structures, where a portion of generated fees can be directed back to the community or the project creators. The platform is built to cater to traders, builders, and crypto enthusiasts who value fast access to information and social connectivity. It promotes a transparent environment where users can track portfolios and follow the activity of influential community members. By providing a unified space for communication and on-chain activity, Degen Social Media aims to reduce the fragmentation common in the decentralized space and foster a more cohesive digital culture for Web3 participants. The project operates with a focus on community-driven growth and provides various interactive rewards to encourage original content and active participation. It serves as an experimental social layer that bridges the gap between traditional online networking and the specialized requirements of the blockchain industry. Learn more

When is the right time to buy DEGEN? Should I buy or sell DEGEN now?

Before deciding whether to buy or sell DEGEN, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DEGEN technical analysis can provide you with trading references.

Based on DEGEN 4-hour technical analysis, the trading signal is --.

Based on DEGEN 1-day technical analysis, the trading signal is --.

Based on DEGEN 1-week technical analysis, the trading signal is --.

Future price trend of DEGEN

What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DEGEN.

How much will DEGEN be worth tomorrow, next week, or next month in ? What about your DEGEN assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now!DEGEN Price Prediction

How to buy DEGEN SOCIAL MEDIA (DEGEN)

Looking to buy How to buy DEGEN? The process is simple and hassle-free! You can easily purchase DEGEN on LBank by following our step-by-step buying guide. We provide detailed instructions and video tutorials showing how to register on LBank and use various convenient payment options.

Convert DEGEN to local currency

DEGEN Resources

To learn more about DEGEN, consider exploring other resources such as the whitepaper, official website, and other published information:

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DEGEN SOCIAL MEDIA (DEGEN) FAQ

DEGEN is an ERC-20 token launched on the Base network. It originated as a community-driven initiative within the /degen channel on the decentralized social network Farcaster, specifically through the Warpcast app. While it began as a reward for community participants, it has evolved into a functional social currency. The project was founded by a developer known as Jacek Trociński. Although it is deeply integrated into the Farcaster ecosystem, it is a community-led project and was not officially created by the Farcaster team.
The tipping system allows users to reward content creators on the Farcaster network. Users receive a daily allowance of DEGEN points based on their engagement levels and follower count. To tip another user, a participant simply comments a specific number followed by the $DEGEN tag on a post. It is important to note that these points do not come from the user's actual token balance; instead, the accumulated points are periodically converted into actual DEGEN tokens and distributed to the recipients.
To maintain ecosystem quality and prevent spam, there are specific eligibility requirements that may change over time. Generally, users must connect a verified wallet to their social profile. Historically, users have been required to hold a minimum amount of DEGEN tokens (such as 10,000 DEGEN) to qualify for a daily tipping allowance. Additionally, users often need to achieve a specific user rank or obtain a Power Badge on the platform to demonstrate active and authentic participation.
Degen Chain is a Layer-3 (L3) blockchain built on top of the Base network using Arbitrum Orbit technology. It was developed to provide ultra-low transaction fees for social applications and gaming. A unique technical aspect of the Degen Chain is that it uses the DEGEN token as its native gas token instead of ETH. This integration ensures constant utility for the token, as it is required to pay for all transaction fees and network operations within the Layer-3 ecosystem.
The project utilizes a community-first distribution model. Approximately 70% of the total supply is dedicated to community airdrops and incentives, which are distributed across different seasons to reward active users. The remaining 30% is split equally, with 15% allocated to the team and ecosystem development and 15% dedicated to liquidity pools. To support long-term sustainability, the project also features a 1% annual inflation rate which is scheduled to commence in 2028.
DEGEN is available for trading on major digital asset exchanges such as LBank, as well as various decentralized exchanges operating on the Base network. Beyond being a tradable asset, DEGEN serves as the primary currency for the social tipping ecosystem and the native gas token for the Degen Layer-3 blockchain. Its utility is expected to expand further with the development of the Degen App, a social super-app focused on creator tools and social rewards.

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Disclaimer

Cryptocurrency prices are subject to high market risk and price volatility. You should invest only in projects and products you are familiar with and understand the associated risks. Carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investment decisions. This material should not be considered financial advice. Past performance is not a reliable indicator of future performance. The value of your investment may go down or up, and you may not recover your invested amount. You are solely responsible for your investment decisions. LBank is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warnings. Please also note that the data related to the above-mentioned cryptocurrency (such as its current real-time price) is sourced from third parties and is provided “as is” for informational purposes only, without any representation or warranty. Links to third-party websites are not under LBank’s control, and LBank is not responsible for the reliability or accuracy of such websites or their content.

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Degen Social Media Technical Analysis