Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.
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Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.
WIF touched the $4 mark early Friday before retreating as the meme coin sector showed the most volatility in a little-changed market.
DOGE prices tend to move on speculation about the token’s use on X, the Elon Musk-owned social media giant.
The Bitcoin Cash halving is expected on Apr.4, blockchain trackers show, and has historically preceded price bumps.
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
Crypto markets dumped, then jumped, as regulatory headwinds and macroeconomic decisions played their hand in a rollercoaster 24 hours.
Scores of newly issued tokens boast trading volumes of tens of millions, showcasing network usage and demand for blockspace.
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.