$DEGEN Skyrockets 128% to $0.012 After Coinbase Listing, New ATH Coming?
$DEGEN climbs 128% to $0.012 after Coinbase listing. Is a new all-time high on the way?
Highlights:
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$DEGEN surged 128% to $0.012 following its listing on Coinbase.
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Smart money increased to 80, indicating growing institutional interest in Degen.
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The Base Blockchain's meme coins thrive, boosting overall trading volume to over $4.2 billion.

Degen (DEGEN) remarkably surged over 128% to $0.012 on October 2. This significant increase pushed $DEGEN to its highest price since June 16.
The rally followed Degen’s listing on Coinbase, the biggest crypto exchange in the United States. Since hitting its September low, Degen has skyrocketed by 300%.
The Impact of Coinbase Listings
Cryptocurrency prices often rise sharply after being listed on major exchanges. Traders get excited, expecting these tokens to reach more investors.
This enthusiasm acts like rocket fuel, sending prices to new heights. Degen’s surge also resulted from a growing number of smart money holders.
Data from Nansen shows smart money holders increased to 80, the highest since July 21. In contrast, trading volumes on centralized exchanges fell by 9%, now totaling $3.65 billion.
This shift highlights how institutional investors are becoming more influential in crypto trading. $DEGEN now ranks second after $BRETT, which boasts a market cap over $843 million.
Base: A Thriving Meme Coin Ecosystem
Base Blockchain has seen impressive growth among meme coins recently. For instance, Mister Miggles has gained 17% over the past week.
Meanwhile, mfercoin, Basenji, and Keyboard Cat have each jumped over 10%. Together, these tokens contribute to a robust market, with a total market cap exceeding $1.3 billion.
This strong performance has boosted Base into one of the largest layer-2 networks in the industry. Data from DeFi Llama indicates a 16% increase in trading volume within its decentralized exchanges, reaching over $4.2 billion in just a week.
With this exciting momentum, investors are eager to see if $DEGEN surpass its all-time high. Meanwhile, the buzz around Degen suggests a thrilling new chapter for meme coins.
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