Degen Chain's Impact on Meme Coin Volumes on Layer 3
Monday, 1 April 2024, 08:38
Degen Chain's Rise Sparks Surge in Meme Coin Volumes on Layer 3
The recent introduction of Degen Chain, a Layer 3 protocol that operates on top of Base, an Ethereum Layer 2, has caused a notable surge in trading volumes for meme coins. This development underscores the increasing influence of Degen Chain and its importance within the cryptocurrency ecosystem.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.