The Rise of Degen Chain and the Memecoin Ecosystem

Degen Chain, a new Ethereum Layer-3, has reached the highest transactions per second (TPS) in the Ethereum ecosystem in the last 24 hours, recording 35.7 TPS. This surpasses the Base ecosystem of Degen Chain, which had 29.7 transactions per second. Other prominent blockchain networks such as Arbitrum One, Ethereum, and zkSync Era are also listed. Intense Interest in the Degen Ecosystem In the past day, Degen Chain processed 3.08 million transactions but only ranked 35th among blockchain networks with a transaction volume of $819,600. Despite the high transaction count, this indicates that Degen Chain has not created a significant economic impact. Degen Ecosystem and the Memecoin Space Degen originally emerged as a meme token on the social media platform Farcaster, gaining popularity as users interacted and exchanged memes. Thomas Tang from Ryze Labs illustrates how memecoin projects can generate social value within the community. Useful Information for Readers Degen Chain […]

The Rise of Degen Chain and the Memecoin Ecosystem

Degen Chain, a new Ethereum Layer-3, has reached the highest transactions per second (TPS) in the Ethereum ecosystem in the last 24 hours, recording 35.7 TPS. This surpasses the Base ecosystem of Degen Chain, which had 29.7 transactions per second. Other prominent blockchain networks such as Arbitrum One, Ethereum, and zkSync Era are also listed.

Intense Interest in the Degen Ecosystem

In the past day, Degen Chain processed 3.08 million transactions but only ranked 35th among blockchain networks with a transaction volume of $819,600. Despite the high transaction count, this indicates that Degen Chain has not created a significant economic impact.

Degen Ecosystem and the Memecoin Space

Degen originally emerged as a meme token on the social media platform Farcaster, gaining popularity as users interacted and exchanged memes. Thomas Tang from Ryze Labs illustrates how memecoin projects can generate social value within the community.

Useful Information for Readers

Degen Chain is an Ethereum-based Layer-3 with 35.7 TPS, surpassing Base.
3.08 million transactions took place on Degen Chain in the last day, but the transaction volume remained low.
The Degen ecosystem gained popularity by encouraging user interaction on social media platforms.
Memecoin projects can gain value through social significance and community support.

In conclusion, considering the transaction speed and interaction of Degen Chain, this combination of technology and social bonds represents an important example of how next-generation blockchain networks can evolve. Beyond blockchain technology, social interaction and community building also play critical roles in the success of these ecosystems.

how to buy crypto?
Related Posts

do you really trust these bitcoiners

News 2 months ago

Discover the factors impacting trust in Bitcoiners and learn how to assess and build trust in the Bitcoin community. Understand the challenges to trust in Bitcoiners.In the world of cryptocurrency, Bitcoin has become a hot topic of discussion, and those involved in the Bitcoin community often refer to themselves as “Bitcoiners.” With the increasing popularity of Bitcoin, the concept of trust within this community has become a crucial aspect to consider. As a blogger in the cryptocurrency space, it’s important to examine the dynamics of trust within the Bitcoin community. In this blog post, we will delve into the various subtopics related to the trustworthiness of Bitcoiners, such as understanding what trust means in the context of Bitcoin, assessing the factors that impact trust in Bitcoiners, exploring the challenges to trust within the Bitcoin community, and discussing strategies for building and maintaining trust. Ultimately, the goal of this post is […]

do you really trust these bitcoiners beware

News 2 months ago

Learn about Bitcoin, cryptocurrency, and how to protect your investments from scams. Can you trust Bitcoiners? Find out here.Are you thinking about investing in Bitcoin or other cryptocurrencies? With the increasing popularity of digital currencies, it’s important to have a solid understanding of the world of cryptocurrency and the potential risks involved. In this blog post, we will delve into the basics of Bitcoin, explore the world of cryptocurrency, discuss the issue of trusting Bitcoiners, and provide tips for identifying scams and protecting your investments. While Bitcoin and other cryptocurrencies can offer exciting investment opportunities, it’s crucial to be aware of the potential for scams and fraud within this rapidly evolving market. By being informed and vigilant, you can make informed decisions about your investments and protect yourself from potential risks. So, before you trust just any Bitcoiner with your hard-earned money, read on to learn how to navigate the […]

how much is 0.29 bitcoin

News 2 months ago

Learn about the factors affecting Bitcoin’s value, current market trends, and strategies for investing in 0.29 Bitcoin. Understand Bitcoin’s worth today.Are you curious about the current value of 0.29 Bitcoin? In today’s digital age, Bitcoin has become a hot topic, with its value constantly fluctuating. Understanding the factors that affect Bitcoin’s price and the current market trends can help you evaluate the worth of your investment. In this blog post, we will delve into the various aspects of Bitcoin value, including the factors that influence its price and the strategies you can employ for Bitcoin investment. Whether you’re a seasoned investor or just starting out in the world of cryptocurrency, it’s essential to stay informed about the value of your Bitcoin holdings. So, let’s explore how much 0.29 Bitcoin is worth and what you can do to make the most of your investment. Understanding Bitcoin Value Bitcoin value is a […]

0 Comment

Write a Comment

how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $69,583.004.65%
  • ethereumEthereum(ETH)
    $3,611.804.58%
  • tetherTether(USDT)
    $1.000.04%
  • binancecoinBNB(BNB)
    $630.174.95%
  • solanaSolana(SOL)
    $158.627.83%
  • staked-etherLido Staked Ether(STETH)
    $3,610.214.52%
  • usd-coinUSDC(USDC)
    $1.00-0.05%
  • rippleXRP(XRP)
    $0.4939754.06%
  • dogecoinDogecoin(DOGE)
    $0.1493399.91%
  • the-open-networkToncoin(TON)
    $7.499.40%
Random