🚀 DEGEN CHAIN DRIVES MEME COIN UP 500% 🌐

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Degen Chain, a novel layer-3 blockchain, launched last week atop Base, an Ethereum layer 2. Despite lacking stablecoin support, Degen Chain has witnessed a surge in speculative token trading, with millions of dollars in volume.

Since its debut, Degen Chain has seen remarkable activity, recording nearly $100 million in transactional volumes and over 272,000 unique transactions within just 24 hours. Although predominantly hosting speculative tokens, such as Degen Swap (DSWAP) and Degen Pepe (DPEPE), with valuations reaching millions, the network is rife with smaller tokens serving as speculative assets.

With no stablecoins supported yet, users can only transact with the native DEGEN token, which has surged over 500% since launch. Degen Chain represents a layer-3 blockchain tailored for DEGEN token use, enabling various experiments in tipping, community rewards, payments, and gaming.

Degen Chain's emergence signifies a growing trend in layer-3 blockchain solutions, providing specialized functionalities for specific tokens or applications. As the crypto space continues to evolve, such customizable blockchain layers offer innovative solutions for diverse use cases, driving adoption and experimentation in the decentralized finance (DeFi) ecosystem. 🌐💰

Spotting such trends and joining them early can lead to significant gains, but remember that depending on your timing, the opposite can also be true. In fact in crypto often the last ones are loosing. Be wise!

Act responsibly and stay safe with Professor Mende!

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