DEGEN Secures $1.5 Million in Angel Funding on February 20, 2024
DEGEN
DEGEN
-11.82%
According to industry sources, DEGEN secured $1.5 million in angel funding on February 20, 2024. The round was backed by 1confirmation, Cooper Turley, Jessica Verrilli, antimo, and others. With this round, DEGEN’s total funding has reached $1.5 million.DEGEN is a meme token distributed to the community on the decentralized social network Farcaster. Initially launched as a reward token for participants in Farcaster’s Degen channel, it has since evolved into a project supported by a large number of developers, crypto content creators, and cryptocurrency enthusiasts. At launch, 15% of the total token supply was airdropped to active members of Farcaster’s Degen channel, with plans to ultimately airdrop 70% of the total token supply.Notably, DEGEN has experienced rapid growth since its launch. The project opened for trading on January 7, 2024, followed by the official start of token claims on January 8. After securing funding, the project successfully launched the mainnet Degen Chain on March 28, 2024. According to its development roadmap, DEGEN is scheduled to be listed on major exchanges in October 2024 and to roll out additional innovative features in June 2025. These milestones demonstrate the team’s execution capabilities and growing market recognition, laying a solid foundation for DEGEN’s continued development in the meme token market.
this-content
disclaimer-th
comment
DEGEN fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| Angel-Round | fundraising-$M | -- | 2024-02-19 | 1confirmation,Cooper Turley,Jessica Verrilli,antimo |
fundraising-key-milestones
- 2025-06-14Binance Alpha is launched Degen (DEGEN), and can apply for 13,862 DEGEN tokens if you meet 245 points.
- 2024-10-15Coinbase listed DEGEN
- 2024-03-28Degen Chain was Live on Mainnet
- 2024-02-20DEGEN raised $ 1.5 M in Angel round
- 2024-01-08$DEGEN token claims was officially live
- 2024-01-07DEGEN is live for trading
24hour-high
$0.002813
24hour-volume
$425.32K
alltime-high
$0.06999
alltime-low
$0.001826
market-cap--f
100%
fdv
$91.15M
24hour-low
$0.002434
market-cap
$91.15M
circulating-s
36.96B DEGEN
total-supply
36.96B DEGEN
max-supply
36.96B DEGEN
market-sentim
negative
| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.94% | 9.47% | 17.47% | 25.39% | 74.38% |
