🚀 Farcaster, the blockchain-based social platform, has raised a whopping $150 million in a Series A funding round, sending its community-created token, Degen (DEGEN), soaring by 17%! The round saw participation from big names like Paradigm and Andreessen Horowitz. The funds will fuel Farcaster's growth for years to come, according to founder Dan Romero. Since October, Farcaster has seen a 50x increase in network activity and 350,000 paid sign-ups. DEGEN, born as a community memecoin, is now trading at $0.023. Buckle up, folks!