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  3. DEGEN
DEGEN logo

DEGEN Overview

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Intellectia
24H High
0.001611
24H Low
0.001413
24H Volume
53.99M
24H Volatility
14.01%
All Time High
0.05
All Time Low
0.000597
Correlation with BTC
0.07
Return On Investment
-92.69%
Market Cap
32.97M
Degen (DEGEN) started as a reward token for participants in the Farcaster Degen channel. What began as a meme coin now boasts a substantial following of developers, crypto content creators, and enthusiasts who have bought into the coin. During its initial launch, 15% of the total supply was airdropped to active members of the Farcaster's Degen channel, and there are plans to airdrop 70% of the token's total supply eventually.
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Official WebsiteBlock Explorer

Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of DEGEN on social media as of June 15, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding DEGEN's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of DEGEN on social media as of June 15, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding DEGEN's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

No social media posts available

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K99.66%
$1K+0.01%
$1k-$100K+0.33%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers66.48%
Holders29.82%
Traders3.71%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others37.47%
Whales62.53%

Wallet addresses by amount held in USD

$0-$1K99.66%
$1K+0.01%
$1k-$100K+0.33%

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Whitepaper Summary

No overview available

News

Coinmarketcap
2.0
01:12 AMCoinmarketcap
Shiba Inu Faces Triple Resistance Test
  • SHIB Resistance Test: Shiba Inu's price structure has compressed toward three resistance zones, and a successful breakout could trigger accelerated buying, potentially opening the path for a broader rally, especially if overall market sentiment cooperates.
  • ADA Recovery Base: Cardano's price action indicates it is still searching for stable ground; without forming higher lows and increasing volume, it risks another downturn, leaving the recovery outlook uncertain.
  • XRP Volatility: XRP's sharp price swings create a fragile short-term outlook, and traders should watch for a decisive close outside its recent range to gauge market control between bulls and bears.
  • Low Market Sentiment: The broader crypto market has already lost $810 billion, and the low confidence in SHIB, ADA, and XRP suggests traders need to manage risk carefully, particularly in a sentiment-sensitive environment.
Coinmarketcap
5.0
01:12 AMCoinmarketcap
Whale Opens $14.86 Million 25x Leveraged Long Position on Ethereum
  • Massive Long Position: A crypto whale has opened a $14.86 million 25x leveraged long position on Ethereum, involving 8,615 ETH, indicating strong bullish conviction at a time when leveraged derivatives activity is drawing significant market attention.
  • Amplified Risk and Reward: By posting approximately $594,000 in collateral, the whale controls a notional exposure exceeding $14.86 million, suggesting an expectation for ETH to rise in the near term; however, the 25x leverage means that even minor price fluctuations could lead to liquidation of the entire position.
  • Market Sentiment Indicator: While a single whale trade does not confirm a trend reversal, such large leveraged positions are closely monitored as sentiment indicators, with traders watching Ethereum's support and resistance levels to gauge the future performance of this position.
  • Risks of Following Whale Trades: Retail traders should exercise caution when mirroring whale positions, as these whales may possess greater risk tolerance and access to information; blindly following such trades could result in significant losses, especially during periods of heightened market volatility.
Coinmarketcap
8.0
01:12 AMCoinmarketcap
Zimbabwe's New Digital Asset Rules Reshape Crypto Landscape
  • Annual Registration Requirement: Zimbabwe's new regulations mandate that all cryptocurrency businesses register annually with the Financial Intelligence Unit and pay a $500 licensing fee, classifying unregistered operations as criminal acts, thereby bringing structure to the previously unregulated crypto market.
  • Compliance Oversight Mechanism: The Financial Intelligence Unit will oversee compliance to ensure digital asset service providers adhere to the new regulations, enhancing anti-money laundering measures and increasing market transparency, which in turn boosts investor confidence and promotes legitimate trading.
  • Market Transformation Background: Following the 2018 ban on cryptocurrency transactions through traditional financial systems, Zimbabwe's crypto activities shifted to peer-to-peer networks, and this new regulatory framework marks the government's first step towards official monitoring of the crypto industry, aligning with global concerns about financial crime.
  • Regional Regulatory Trends: Zimbabwe's regulatory framework aligns with trends in countries like South Africa, Nigeria, Kenya, and Mauritius, reflecting a widespread shift across the African continent towards regulation rather than outright bans, signaling potential stability and growth in the digital asset market.
Coinmarketcap
3.5
01:12 AMCoinmarketcap
Low-Cost Quantum-Resistant Security for Ethereum Accounts Proposed
  • Quantum Resistance Proposal: Ethereum researchers have proposed a quantum-resistant signature scheme based on SPHINCS+ that could cost as little as $0.07 per account, potentially removing economic barriers to adopting post-quantum cryptography and accelerating network-wide quantum readiness.
  • Signature Verification Optimization: The approach aims to minimize computational overhead for post-quantum signature schemes by optimizing verification on the Ethereum Virtual Machine (EVM), addressing the high gas fees associated with larger signatures, thus making account protection affordable even for users with modest holdings.
  • Simplified User Migration: The stateless nature of the SPHINCS+ algorithm allows users to add a quantum-resistant signature layer easily, with wallet providers needing only to support the new signing method, enabling account migration through smart upgrades rather than disruptive protocol changes, thereby reducing implementation complexity.
  • Forward-Looking Security Roadmap: Although quantum computing is not yet a reality, this low-cost opt-in protection mechanism positions Ethereum to proactively address future security challenges without necessitating disruptive network upgrades, thereby enhancing its competitive standing among major blockchains.

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Frequently Asked Questions

What is surpport and resistant level for DEGEN Crypto?

The S1 support level for DEGEN Crypto is $0.00121 ,The R1 resistant level for DEGEN Crypto is $0.00189.

What is the current price of DEGEN Crypto?

The price of DEGEN Crypto was $0.00146.

What is the market cap of DEGEN?

The market cap of DEGEN is $33.9M.