The Good Tech Companies - DegenLayer Introduces The First Memecoin Focused Blockchain

Episode Date: November 21, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/degenlayer-introduces-the-first-memecoin-focused-blockchain. The project's native token $DELAY was fair launched on Uniswap last week, and is set to be listed on one of the top 15 CoinGecko-ranked exchanges next week, pro Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #degenlayer, #chainwire, #degenlayer-announcement, #memecoin, #blockchain-development, #crypto-exchange, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release. The project's native token $DELAY was fair launched on Uniswap last week, and is set to be listed on one of the top 15 CoinGecko-ranked exchanges next week. DegenLayer seeks to provide a gateway for mainstream users to engage in blockchain-based trading and creation.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Degen Layer introduces the first memecoin-focused blockchain by Chainwire. Asterisk Luxembourg. Luxembourg, November 21, 2024, Chainwire. Asterisk Degen Layer, a newly launched memecoin-focused blockchain and trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero-setup meancoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem. The project's developers project daily revenues of $1 million in ETH, assuming a daily DEX trading volume of $200 million. With low transaction fees and a

streamlined user interface, Degenlayer seeks to provide a gateway for mainstream users to engage in blockchain-based trading and creation. The project's native token dollar delay was fair launched on Uniswap last week and is set to be listed on one of the top 15 CoinGecko-ranked exchanges next week, providing access to the token to their 10 million-plus user community. The project is powered by a 60-plus-person team behind notable successes including PunxClub.io, the CryptoPunk social network, Music.com, developed with Pharrell Williams, and AAA games like The Witcher 3 and Dying Light 2. The founding team previously achieved remarkable success with SuperBid, driving token value from $0.01 to $12 in 2021.

Greater than. Our proven track record in both Web3 and gaming demonstrates our ability to greater than deliver compelling user experiences, says Jacob Rilko, co-founder and CEO. Greater than. With Degen Layer, we're leveraging our existing reach of 3 million plus users greater than through our telegram mini app firecoin to accelerate adoption key features and projections innovative pump technology with 50 of revenue allocated to viral user rewards dollar delay and mean coin buybacks viral referral program projecting $100,000 daily reward distributions Seamless integration with Telegram's 1B plus user base via a mini-app One-click memecoin creation and trading interface for non-crypto users

Transaction fees below $0.01 with 2,000 TPS capacity DegenLayer's launch represents a significant milestone in making memecoin trading accessible to mainstream users while leveraging established OptimusM infrastructure, the same that is used by Coinbase's Base Layer 2. About DegenLayer DegenLayer is a trading terminal and Ethereum Layer 2 blockchain designed to make memecoin trading accessible to mainstream users. Built on OptimusM technology, the platform offers low-cost, high-speed transactions and a zero-setup interface for memecoin trading and creation. Backed by a team with expertise in Web3, gaming, and entertainment, Degen Layer aims to bring innovative blockchain solutions to

the global market. For more information about Degen Layer and its revolutionary approach to memecoin trading, users can visit https:// digenlayer.wtf. Media inquiries can be directed to contact at digenlayer.wtf.contactshyakabrilkodeganlayer contact at digenlayer.wtf. Tip this story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.