Degen Price
DEGEN
How Much is 1 Degen (DEGEN)
Convert DEGEN to your currency
Last Updated on Dec 22, 2025 09:13 PM
What is Degen?
About the coin
Degen Token ($DEGEN) originated as a reward token for participants in the Farcaster Degen channel. Initially launched as a meme coin, it has grown to attract a significant following of developers, crypto content creators, and enthusiasts. The token's community-driven nature is evident in its distribution strategy, with 15% of the total supply airdropped to active members of the Farcaster's Degen channel and plans to eventually airdrop 70% of the total supply.
Main features
$DEGEN is now listed on OKX, allowing for spot trading against USD. It features a unique tip allowance mechanism that empowers the community to fund and reward quality content creators. This mechanism is part of the token's broader mission to support and incentivize the creation of valuable content within the Farcaster ecosystem.
How it works
$DEGEN powers the Degen chain, a pioneering Layer 3 blockchain on Base, specifically designed for building decentralized applications (Dapps). The token's ecosystem includes DegenPad, a platform that supports Farcaster builders by providing a space to launch projects using $DEGEN. This initiative promotes inclusivity and innovation within the community, fostering a collaborative environment for developers and creators. The token boasts a fully diluted market cap of $118.72 million, a price of $0.003, with 465,000 holders and 6 million transactions.
Wallet for Degen
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Degen
- Ethereum
- Solana
- Arbitrum One
- Base
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Degen FAQ
- Degen is a digital currency powered by blockchain technology. It allows users to send value, access decentralized tools, and participate in the project’s ecosystem.
- Degen offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- They refer to the same cryptocurrency. DEGEN is the abbreviated code used in trading platforms.
- You can buy Degen using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- Use a cold storage solution to protect Degen from online threats. Tangem keeps your keys isolated in a secure offline chip.
How to secure Degen with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Degen wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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