{"id":22337,"date":"2024-11-21T11:21:37","date_gmt":"2024-11-21T11:21:37","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22337"},"modified":"2024-11-21T11:21:37","modified_gmt":"2024-11-21T11:21:37","slug":"degenlayer-introduces-the-first-memecoin-focused-blockchain","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22337","title":{"rendered":"DegenLayer Introduces The First Memecoin-Focused Blockchain"},"content":{"rendered":"

[PRESS RELEASE \u2013 Luxembourg, Luxembourg, November 21st, 2024]<\/strong><\/p>\n

DegenLayer<\/a>, a newly launched memecoin-focused blockchain & 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 memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem.<\/p>\n

The project\u2019s 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.<\/p>\n

The project\u2019s 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, providing access to the token to their 10 million+ user community.<\/p>\n

The project is powered by a 60+ person team behind notable successes including PunksClub.io<\/a> the CryptoPunk social network, Music.com<\/a> (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.<\/p>\n

\u201cOur proven track record in both Web3 and gaming demonstrates our ability to deliver compelling user experiences,\u201d says Jacob Rylko, Co-Founder & CEO. \u201cWith DegenLayer, we\u2019re leveraging our existing reach of 3 million+ users through our Telegram mini-app, Firecoin, to accelerate adoption.\u201d<\/p>\n

Key features and projections:<\/p>\n

Innovative \u201cPump Technology\u201d with 50% of revenue allocated to viral user rewards, $DELAY and memecoin buybacks
\nViral referral program projecting $100,000 daily reward distributions
\nSeamless integration with Telegram\u2019s 1B+ user base via a mini app
\nOne-click memecoin creation and trading interface for non-crypto users
\nTransaction fees below $0.01 with 2,000 TPS capacity<\/p>\n

DegenLayer\u2019s launch represents a significant milestone in making memecoin trading accessible to mainstream users while leveraging established Optimism infrastructure, the same that is used by Coinbase\u2019s BASE Layer 2.<\/p>\n

About DegenLayer<\/strong><\/p>\n

DegenLayer<\/a> is a trading terminal and Ethereum Layer 2 blockchain designed to make memecoin trading accessible to mainstream users. Built on Optimism 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, DegenLayer aims to bring innovative blockchain solutions to the global market.<\/p>\n

For more information about DegenLayer and its revolutionary approach to memecoin trading, users can visit https:\/\/degenlayer.wtf<\/a>. Media inquiries can be directed to contact@degenlayer.wtf<\/a>.<\/p>\n

The post DegenLayer Introduces The First Memecoin-Focused Blockchain<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 Luxembourg, Luxembourg, November 21st, 2024] DegenLayer, a newly launched memecoin-focused blockchain & 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 memecoin trading and creation, leveraging the $20 billion liquidity within the Optimism Superchain ecosystem. The […]<\/p>\n","protected":false},"author":0,"featured_media":22338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22337"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22337"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22338"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}