Degen Express launched in 2023 and effectively changed the meme coin space with its robust, community-driven launchpad for meme projects on both Fantom and Base.
Degen Express, a community-driven launchpad for memes on Fantom and Base, saw several meme coins, including $sGoat, $grim, $genie, and $familio, reach millions in trading volume.
This interest was sparked by meme coins on Fantom, which saw a spike in trading volume, with several coins, like $sGoat, $grim, $genie, and $familio, hitting millions in a single day. However, interest in these meme coins was evident throughout the week.
According to data from GeckoTerminal, there was fast-growing interest in these tokens, which were being actively traded with high liquidity across the network. For instance, both $sGoat and $grim consistently recorded high trading volumes, drumming up interest in these coins amongst both retail and institutional traders.
This uptick in activity serves to illustrate the growing demand for innovative and fairly launched meme coins, especially as the two DeFi chains advance towards new levels of adoption.
Degen Express provides an easy yet powerful way for crypto enthusiasts and developers to bring new meme coins to life. The projects launched on this platform boast a high level of security: 30-minute pool launches can be set with whitelists of users, while a custom vAMM prevents sniping to ensure that the deployment of liquidity is fair and non-opaque.
Degen Express has a no-presale, fair-launch mechanism that ensures VCs do not monopolize any early token holdings. This makes it possible for retail investors to participate in an even playing field where the risk of a large-scale dump from big players does not exist.
Moreover, Degen Express rewards investors through the gamification of the whole user experience, enabling investors to earn experience points and unlock perks that make investing even funnier.
Advanced Security and Liquidity Support: Degen Express has added a number of advanced features to enhance security and liquidity for new meme coins. The platform uses a linear bonding curve for token sales, allowing projects to avoid the usual risk of manipulation in liquidity pools, while liquidity itself is deployed only after a token hits certain market capitalization thresholds.
Crucially, security on the platform is built seamlessly into the user experience, such that people can participate in meme coin launches with confidence, knowing they are protected from the most common risks, including rug pulls and scams. With a greater focus on fairly distributed tokens and transparent tokenomics, Degen Express fast positions itself as a trusted platform both for launching and trading meme coins.
The current release on both Fantom and Base marks a significant step forward for the meme coin ecosystem. Both
The above is the detailed content of Degen Express Brings Community-Driven and Fairly Launched Memes to Fantom and Base through its Unique Launchpad. For more information, please follow other related articles on the PHP Chinese website!