"Degen Chain Sparks Million-Dollar Profits with Base Meme Coins"
Degen Chain, a new layer-3 blockchain, has seen a surge in transactional volume and attention since its launch, with its native DEGEN token skyrocketing 500%. Despite primarily housing speculative tokens and lacking stablecoin support, the network has recorded nearly $100 million in transactional volumes in the past 24 hours alone, with over 7,500 contracts and 2,300 tokens floated, albeit mostly rug pulls or scams. Degen Chain is a layer-3 network built specifically for the DEGEN token, aiming to handle specific types of transactions such as payments and gaming.