DegenLayer, a new memecoin-focused blockchain and trading terminal app suite, has announced its testnet release. The platform aims to make memecoin trading and creation accessible to mainstream users, utilizing the $20 billion liquidity within the Optimism Superchain ecosystem. The developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million.
DegenLayer’s native token, $DELAY, was fairly launched on Uniswap last week and is set to be listed on one of the top 15 CoinGecko-ranked exchanges soon. The project is backed by a 60+ person team with experience in notable successes like PunksClub.io, Music.com, and AAA games like The Witcher 3 and Dying Light 2.
Key features of DegenLayer include innovative “Pump Technology” that allocates 50% of revenue to viral user rewards, $DELAY, and memecoin buybacks, a viral referral program projecting $100,000 daily reward distributions, seamless integration with Telegram’s 1B+ user base via a mini app, one-click memecoin creation and trading interface for non-crypto users, and transaction fees below $0.01 with 2,000 TPS capacity.
DegenLayer’s launch represents a significant milestone in making memecoin trading accessible to mainstream users while leveraging established Optimism infrastructure. For more information about DegenLayer and its innovative approach to memecoin trading, visit https://degenlayer.wtf.
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<p>The post DegenLayer: Memecoin Trading Accessibility and Innovation Launched first appeared on CoinBuzzFeed.</p>
