Published On Jul 10, 2024
In today's video, we're exploring DEGEN, a memecoin that started as a reward token on the Farcaster social platform and has since evolved into its own Layer 3 blockchain network called Degen Chain.
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Titled "DEGEN Crypto: Everything You Need to Know," this video will cover DEGEN's origins, its integration with the Arbitrum Orbit tech stack, and how it settles transactions on the Base network, an Ethereum Layer 2. We'll discuss how the DEGEN token serves as the native gas token for the network, and we'll highlight the significant growth the project has experienced, with its price surging over 2,000% in just 30 days.
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Additionally, we'll explore the interest from developers looking to build applications on Degen Chain. By the end of this video, you'll have a comprehensive understanding of DEGEN and its potential in the crypto space.
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Thank you for watching! Let’s explore the world of DEGEN together. 🚀
Disclaimer: This video is for informational purposes only and should not be taken as financial advice. Always do your own research before making any investment decisions.
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