Probably the most accurate description of the what's happening with $degen, $enjoy and $higher and all the other things bubbling up rn is 'culture coins' but I'm not sure that term has enough rizz.

culture at play
/occulture /stadium /blvkhvnd /747air

icebreaker.xyz/0xen |
https://gallery.so/Oxen/galleries | https://opensea.io/collection/farcats

I think, not certain. @sirsu.eth has been using culture to best describe $crash

making assembly gallery. a collector dao experimenting with artist discovery and gallery models. https://theassembly.gallery