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The past few days, the Base community has been buzzing about DEGEN – this meme coin is about to be listed on a major exchange, and everyone is talking about it. But what exactly is degen, and why is it so hot?
Actually, DEGEN is a meme token that was created on Base. It quickly gained attention because of its active community and a pretty unique concept. The term 'degen' represents traders who are willing to accept high risks and make bold decisions that don’t follow conventional rules. If you don’t know what degen is, basically it symbolizes the 'go big or go home' spirit in the crypto world.
The cool thing is that when a token gets listed on a major exchange, it attracts more attention, liquidity skyrockets, and many new investors get the chance to get involved. Major exchanges usually have strict standards, so the fact that degen is chosen indicates that this project has a certain level of credibility.
Some predict the price will surge after listing, but others warn about the risks of pump and dump. Meme coin markets are always volatile, so everyone should be cautious. Anyway, it remains to be seen how DEGEN will perform on the big exchange in the coming days.