Farcaster's $150M Funding Round Sparks 17% Surge in Community Token DEGEN
Farcaster's $150M funding led by Paradigm boosts DEGEN token by 17%, highlighting growing support and activity in the blockchain-based social platform.
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Farcaster's $150M funding led by Paradigm boosts DEGEN token by 17%, highlighting growing support and activity in the blockchain-based social platform.
Degen Chain, a Layer 3 network on Base, restored operations after a 50-hour outage due to block production failure on May 12. Despite a 22% decline in DEGEN price since then, the network aims to address challenges and continue building its ecosystem.
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If Degen can continue to develop on its current path, relying on the current ecological popularity of Farcaster and Base, it is very likely to develop into a unique Layer 3.
Meme infrastructure is taking off on Base with the latest launch of DEGEN.
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Vitalik's new article seems to reiterate the Cypherpunk spirit of Ethereum, but it is actually his hidden worries and dissatisfaction with the current ecology that is too financial (Degen).
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