Degen

<ul><li>Degen Chain recorded $100 million in 24-hour transactions just days after launch, showcasing swift market penetration.</li><li>Despite scam concerns, Degen Chain&#39;s DSWAP and DPEPE tokens emerged as high-value assets in a diversified transaction ecosystem.</li><li>Leveraging layer-3 technology atop the Base network, Degen Chain focuses on niche transactions, driving a 500% surge in DEGEN token value.</li></ul>In the fast-paced world of cryptocurrency, Degen Chain has swiftly emerged as the newest hotspot, captivating the attention of traders and investors alike. According to a recent X post by renowned analyst Shual, an innovative layer-3 blockchain witnessed $100 million in transaction volumes in just 24 hours, spread across 272,000 unique transactions, despite being launched only four days prior. This remarkable feat underscores the chain&#39;s instant appeal and burgeoning popularity.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/0464fcab606e43a6b323e96ca08e7786.png" />Degen Chain is a blockchain technology built on top of the <a href="https://cryptotale.org/analysts-top-altcoin-picks-potential-for-10-100x-gains-in-base-altseason/" rel="noopener noreferrer nofollow">Base network</a> and a layer-3 network that has been specifically designed for certain applications. Degen Chain offers a specialized platform that facilitates transactions across various domains, including payments and gaming. Consequently, it has broadened the layer-2 and layer-1 network ecosystem, ensuring quicker transaction processing and cost-efficient options.Read full article at <a href="https://cryptotale.org/degen-chains-meteoric-rise-100-million-in-transactions-in-four-days/" rel="noopener noreferrer nofollow">CryptoTale</a> <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">(https://cryptotale.org/)</a>.

Degen Chain's Meteoric Rise: $100 Million in Transactions in Four Days

CryptoTale

Other articles published on Apr 1, 2024

When Will Bitcoin Top? This Historical Pattern May Provide Hints

BSX: The First CLOB Perp Exchange to Launch on Base Layer-2 Blockchain

Crypto Critic Taunts Bitcoiners with $94,000 Price Prediction, Triggers Debate

ParagonsDAO (PDT) Price Prediction 2025, 2026, 2027, 2028, 2029 and 2030

BEFE Coin Price Surges +20% as Investors Seek 1000x Secret

Solana Labs co-founder introduces BunkerCoin whitepaper

Join our free newsletter for daily crypto updates!