@chattype
degen is now up 70% since my last post, and i believe there's still significant upside
reasoning:
- it has the lowest mc among the newly listed memecoins on coinbase (350m)
- coinbase is quickly climbing up the app store rankings, aiming for the top spot (currently at rank 10)
- base chain is gaining momentum, and degen is its main memecoin
- increased interest in coinbase following recent pepe/wif listings
- chart is looking real good
- its still 3x away from bybit contract highs
- since the coinbase spot listing is still recent, it seems like the market hasnt fully caught on yet
even after the recent pump, i think the r/r remains favorable
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