Meme Coins on Degen Chain Flourish as New Layer 3 Racks up...

Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes

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Source: Coindesk.com

Degen Chain, a new layer-3 blockchain, has attracted significant attention and transactional volume since its introduction on Thursday. Its native DEGEN token has zoomed 500% since its release. The network does not have a supported stablecoin and primarily housed speculative tokens as of Monday, but that hasn't stopped speculators from trading millions of dollars in volumes.

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The post "Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes" appeared first here Coindesk.com.

Source: Coindesk.com

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