The reason why DEGEN cannot be as successful as WIF may be due to the limitation of its innovation ceiling, because WIF is just a pet dog with a woolen hat, while DEGEN is a more complex Layer3 solution.

On March 28, 2023, DEGEN announced the launch of Layer3 DEGEN Chain based on Base settlement, built by the Syndicate team, using DEGEN as gas fee.

Jacek compared DEGEN L3 to the blockchain version of Las Vegas, where users can enjoy various applications and games instead of focusing on serious large-scale technology projects like other chains.

The L3 plan was born out of the collision between Jacek and the Syndicate team at the ETHDenver conference in early March. This chain was not in DEGEN's original roadmap, or in other words, DEGEN did not have a detailed roadmap.

A few days after the launch of L3, DEGEN once again broke through the historical high of $0.06, with 13 million transactions and more than 700,000 wallets appearing on the DEGEN Chain, and DEGEN's bridge project transferred more than $60 million in assets. However, with the overall market volatility, the price of DEGEN fell sharply, and the performance of assets on the DEGEN Chain was also affected.

DEGEN also integrates many dApps of the Base ecosystem, which coincides with Base's vision of a consumer application chain. (Jiao Liuwei❤) BNB 000789, but just as Layer2 was once underestimated, Layer3 was also labeled as an innovation ceiling.

As the old saying goes: "The most feared thing is meme coins doing things", because "doing things" means losing the imagination of innovation. #ASI代币合并计划 #Mt.Gox将启动偿还计划 #币安合约锦标赛 #美国6月非农数据高于预期 #TON

(Jun Yang's early review strategy analysis of Bitcoin and Ethereum from Monday to Saturday, long-term irregular recommendation of high-quality coins and live broadcast analysis) Focus on the main business of quality and don't get lost