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Degen Price

Degen Price (DEGEN)

Binance Alpha
Contract Address: 0xfee2...57767c
$0.0010937-1.74% in the past 24 hrs
Page last updated: 9/7/26, 3:36 AM (UTC)

Degen Market Stats

Popularity
#557
Market Cap
$26.8M
Volume (24hours)
$2.8M
Circulation Supply
24.5B
Total Maximum Supply
--
Fully Diluted Market Cap
$39.7M
Degen Resources
Official Degen Website
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Price of Degen Today

The live price of Degen is $0.0010937 per (DEGEN / USD) with a current market cap of $26.8M USD. 24-hour trading volume is $2.8M USD. DEGEN to USD price is updated in real-time. Degen is -1.74% in the last 24 hours with a circulating supply of 24.5B.

Degen Price History

24H
7D
1M
3M
1Y

All Time High

$0.0694342

Current

$0.0010937

24H High

$0.0011237

24H Low

$0.0010868

24H Change

-1.74%

Crypto Market Sentiments

Fear & Greed Index

How do you feel about Degen today?

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Note: This information is for reference only.

Why Is Degen (DEGEN) Down Today?

Degen (DEGEN)'s price declined by 1.74% over the past 24h, possibly reflecting reduced trading activity and broader market caution affecting crypto assets.
Recent market activity suggests moderating buying momentum, which may reflect short-term adjustments in trading activity following recent price movements.
At the same time, broader trends across the crypto market may be contributing to normal price fluctuations, influencing Degen (DEGEN)'s performance alongside other digital assets.

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People Also Ask: Other Questions About Degen

How is the price of Degen (DEGEN) calculated on Binance?

The price of Degen (DEGEN) on Binance is based on live market data from active trading pairs involving Degen. Prices may reflect recent trades, available liquidity, order book activity, and market demand across supported pairs such as DEGEN/USDT, DEGEN/USDC, or other available markets. The displayed price is updated in real time to help users track the latest price of Degen.

Why does the price of Degen (DEGEN) change?

The price of Degen (DEGEN) goes up and down because it is traded in an open market where buyers and sellers constantly place orders at different prices. If demand for Degen increases, the price may rise. If selling pressure increases, the price may fall. Broader crypto market trends, news, liquidity, investor sentiment, macroeconomic conditions, and token-specific developments can also influence price movements.

What factors affect the price of Degen (DEGEN)?

The price of Degen (DEGEN) can be affected by supply and demand, trading volume, liquidity, market sentiment, news, adoption, token utility, network activity, regulatory developments, and broader crypto market conditions. For some assets, tokenomics such as circulating supply, maximum supply, token unlocks, burns, or staking activity may also influence how the market values Degen over time.

Why does the price of Degen (DEGEN) differ across crypto exchanges?

The price of Degen (DEGEN) may differ across exchanges because each exchange has its own order books, liquidity, trading volume, user demand, spreads, and available trading pairs. Prices usually stay close across major exchanges, but short-term differences can happen when market activity is high, liquidity is lower, or when deposits and withdrawals vary across platforms.

What is the market capitalization of Degen (DEGEN), and why does it matter?

Market capitalization, or market cap, is commonly calculated by multiplying the current price of Degen by its circulating supply. It is used to estimate the total market value of the asset and compare it with other cryptocurrencies. A higher market cap may indicate broader market adoption or liquidity, but it does not guarantee price stability or future performance.

How does circulating supply affect the price of Degen (DEGEN)?

Circulating supply refers to the number of Degen tokens currently available in the market. If demand stays the same but circulating supply increases, it may put pressure on price. If demand grows faster than supply, prices may rise. For some cryptocurrencies, maximum supply, token unlocks, emissions, burns, or staking mechanisms can also affect market expectations.

Can I set price alerts for Degen (DEGEN) on Binance?

Yes, Binance users can set price alerts for supported cryptocurrencies on the web and through the Binance app. Logged-in users can set their price target on the Degen price page and get notified when the target is reached.

Is Degen (DEGEN) a better investment than gold or silver?

Degen (DEGEN), gold, and silver are different types of assets with different risk profiles. Gold and silver are traditional commodities with long-established markets, while Degen is a digital asset that may be more volatile. The Crypto Time Machine can help compare historical returns, but past performance should not be used as a guarantee of future results.

What Is the Current Price of Degen (DEGEN)?

The current price of Degen (DEGEN) is $0. Top cryptocurrency prices are updated in real-time on Binance’s price directory.

What Does Degen in Crypto Mean?

Within the crypto community, "degen" is an abbreviation for "degenerate" and is frequently employed to describe individuals who engage in high-risk, speculative trading or investing within the cryptocurrency space.

What is the DEGEN Token Used For?

The DEGEN token is configured on an ERC-20 standard. It functions as the gas token for transactions within the Degen ecosystem. Additionally, it is primarily used within the Farcaster platform to reward users for their social media engagement, including likes, comments, and reposts, enhancing community interaction and participation.

How Do Network Consensus and Validation Work On Degen (DEGEN)?

Degen uses a system called Layer-3 rollup consensus mechanism. It’s built on Arbitrum Orbit and positioned on top of the Base blockchain. This system improves transaction security and efficiency while supporting more transactions and lowering fees.

Who Is the Founder Of Degen (DEGEN)?

The DEGEN token and its associated blockchain were conceptualized and developed by Jacek Trociński, who previously worked as a data engineer.

What is the Maximum and Circulating Token Supply of Degen (DEGEN)?

The maximum supply of DEGEN, set to 36,965,935,954. At the time of writing, 14,179,608,879 DEGEN tokens are in circulation.

What Makes Degen (DEGEN) Different From Others?

Degen (DEGEN) is a cryptocurrency that mixes social media with blockchain technology. Unlike other tokens, it turns social actions including likes and comments into rewards, creating a fun and interactive community. This strategy encourages users to participate more and rewards them for being active. Plus, it uses a technology called Layer-3 on the Arbitrum Orbit system, which lets it process transactions efficiently and on a large scale, making it different from other digital currencies.

About Degen (DEGEN)

Degen (DEGEN) operates as a Layer-3 blockchain, branded as Degen Chain. The DEGEN token is based on the Base blockchain. DEGEN started as a meme coin, but its association with the Base blockchain unlocks a surprisingly wide array of potential use cases.

The platform employs Arbitrium Orbit architecture to integrate L3 rollup technology to enhance its scalability and efficiency. Initially launched as a community token on the decentralized platform Farcaster, DEGEN has evolved from a meme token to a currency supported by a community of developers and enthusiasts.

Degen integrates social media engagement directly with blockchain operations. In this ecosystem the community contributions are quantifiable and rewarded. The primary use case of DEGEN is to facilitate and incentivize community interaction within the Farcaster network. Users earn DEGEN tokens through social engagements such as likes and reposts, effectively monetizing online social behaviors and contributions.

The DEGEN token facilitates community engagement and rewards on the Degen Chain by monetizing social interactions such as likes and reposts within the Farcaster network. The live price of the DEGEN token is available and can be tracked in real time on Binance.

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