Key Points
- Degen (DEGEN) token surged by 142% at present.
- Coinbase added DEGEN to its coin itemizing roadmap on October 1.
Degen (DEGEN) token recorded a major worth surge at present, following an vital Coinbase itemizing announcement. The crypto change revealed that it added the token to its coin itemizing roadmap.
DEGEN Price Surged Significantly
DEGEN noticed a surge in its worth above $0.01, up by over 142% prior to now 24 hours. At the second of writing this text, DEGEN has a complete market cap of over $155 million.
Earlier at present, the coin reached a worth peak near $0.012.
Ahead of at present’s worth surge, the coin has a comparatively linear trajectory till September 19, when it began rallying, together with the remainder of the crypto market.
During the previous 7 days, DEGEN token noticed a slight downward worth trajectory, and it traded at $0.004 forward of its rally debuted on October 1, following Coinbase’s announcement.
DEGEN reached its ATH on April 1, 2024, above $0.054. The coin was launched on March 25.
Coinbase Added DEGEN to its Coin Listing Roadmap
In an official announcement shared through X yesterday, Coinbase introduced the addition of Degen (DEGEN) to its coin itemizing roadmap.
Degen (DEGEN) was added to Coinbase’s record of property on Base community. The DEGEN contract deal with listed by Coinbase is: 0x4ed4e862860bed51a9570b96d89af5e1b0efefed
The staff at Degen additionally shared the announcement through X, saying that the coin is getting listed on Coinbase Spot buying and selling, turning into the 4th Base token.
The change’s announcement additionally included extra property to its itemizing roadmap:
- Assets on Ethereum (ERC-20 tokens): QCAD (QCAD), Across Protocol (ACX), and EigenLayer (EIGEN)
- Assets on Solana (SPL tokens): io.internet (IO)
What is Degen (DEGEN)?
Degen (DEGEN) began as a reward token for members within the Farcaster Degen channel. The venture started as a meme coin and ended up boasting an enormous ecosystem of builders, crypto content material creators, and fanatics.