According to Odaily, Degen, a popular cryptocurrency, has reported a significant increase in its token holders. Within six months of its launch on platform X, the number of DEGEN token holders has exceeded 500,000. This rapid growth in the user base indicates a strong market acceptance and interest in the DEGEN token. However, the report did not provide further details about the geographical distribution of these token holders or their demographic profiles. The surge in DEGEN token holders also reflects the overall growth trend in the cryptocurrency market, which has seen a significant increase in the number of participants in recent years. The report did not mention any specific factors that might have contributed to this rapid increase in DEGEN token holders. It remains to be seen whether this growth trend will continue in the future.