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Buy Degen (DEGEN) in India at ₹0.1075

Live DEGEN/INR Price

₹0.1075

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1.29%

Price Changes

₹0

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1.29%

24h Low

₹0.1066

24h High

₹0.1093

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What is the DEGEN cryptocurrency?

DEGEN, a memecoin that follows the ERC-20 token standard, was launched by Degen Chain founder Jacek Trociński in January 2024. Degen Chain is a Layer 3 blockchain built on Base, an Ethereum Layer 2 solution that offers low transaction fees. 

DEGEN started as a reward token for participants in the Farcaster, a protocol that facilitates the creation of social media apps. DEGEN began as a memecoin but evolved into a much larger crypto token due to its community, developer backing, and crypto enthusiasts who put their faith in the token’s prospects.

Reasons to buy DEGEN in India

• Despite its recent launch, DEGEN has strong community backing. 

• DEGEN has the potential to reach $0.1 by the end of 2024. 

• Amid the memecoin frenzy, DEGEN, a new memecoin, holds significant potential. 

Three things to know before buying DEGEN

• DEGEN is a community-focused memecoin backed by several crypto developers and enthusiasts. 

• It has a maximum supply of 36.97 billion DEGEN tokens.

• The Degen Chain is a layer-3 protocol, not as common as layer-1 and layer-2 protocols.

Highlight

DEGEN is a memecoin launched as a reward token for participants in the Farcaster Degen channel. It is a community-focused memecoin that incentivizes community engagement and content creation.

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Price Statistics

DEGEN Price Today

DEGEN Price

₹0.1075

Price Change 24h

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1.29%

Price Change 7d

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7.77%

Market Rank

#647

Market Cap

₹219 Cr.

Trade Vol 24h

₹19 Cr

Circulating Supply

₹2,075 Cr. DEGEN

Trading Activity

69% Buy31% Sell

FAQ's

1. What is Degen (DEGEN) crypto?

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Degen (DEGEN) is an ERC-20 token created as part of the Degen Chain ecosystem by its founder, Jacek Trociński. The term “Degen” is derived from “degenerate,” commonly used in the crypto space to describe individuals who engage in high-risk and speculative trading. The token’s purpose and tokenomics are designed to support the Degen Chain, a decentralized platform that prioritizes community engagement and high-risk, high-reward trading opportunities.

2. How Can I Buy Degen (DEGEN) In India?

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To buy Degen in India directly, you can engage in P2P (Peer to Peer) trade. If there’s somebody you know who already has Degen, you can buy directly from them.

OR

You can use decentralized exchanges to connect with a seller and buy Degen from them.

The easiest way to take the simplified route is to download the CoinSwitch App!

3. How to Buy Degen (DEGEN) in India Directly?

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You can buy Degen in just 4 steps on the CoinSwitch App:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Degen.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Degen for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’

Congratulations, you just bought your first Degen!

4. How Can I Buy Degen (DEGEN) In India?

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CoinSwitch App helps you buy Degen in India with ease. You can start buying Degen with just ₹100. To know more about buying Degen: Click Here

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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