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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| DEGEN | -83.35% | N/A | N/A | +1,860% |
| S&P | +14.39% | +76.41% | +12.02% | +45% |
Degen (DEGEN) is a cryptocurrency built on the principles of meme culture but with practical utility, particularly in decentralised ecosystems. It serves as a reward token for content creators on Farcaster and powers the Degen Chain, a Layer 3 blockchain for community-driven DApps. Developed by Gentleman Labs, DEGEN supports a broad range of activities, including crowdfunding, gaming, and NFTs, underpinned by a robust and growing community.
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