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Jacek.degen.eth ๐ŸŽฉ pfp
Jacek.degen.eth ๐ŸŽฉ
@jacek
GM Degens, Lots of talk lately about the price of $DEGEN, wanted to share a few quick thoughts. ๐Ÿง  Market Context BTC and ETH have been moving mostly because of institutional buying. ETHโ€™s recent moves might also be tied to some shakeups at the Ethereum Foundation. But retail interest is still low across the board. Altcoins like $DEGEN havenโ€™t seen much institutional support, and with retail sitting out, many are just moving sideways. Itโ€™s not just us, itโ€™s the market. ๐ŸŒ Listings & Access Weโ€™ve done a ton of work getting $DEGEN listed and available across exchanges and apps, and weโ€™ll keep pushing there. I think weโ€™ve delivered great results so far. ๐Ÿ“ข Promotion Unfortunately, we havenโ€™t seen much promo support from Coinbase or Farcaster. I wish theyโ€™d highlight us more, Iโ€™ll be reaching out to Coinbase about that. Once the Degen app launches, weโ€™ll be ramping up our own promo, including a campaign with Bankless. More to come there. ๐Ÿ› ๏ธ Still Building Weโ€™re heads-down continuing to build, both the Degen mini app and the full Degen app. Weโ€™ve got 2โ€“3 years of runway and arenโ€™t going anywhere. If you believe in what weโ€™re doing, stick with us, weโ€™re just getting started. Not financial advice. Just sharing where things stand.
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J Finn ๐ŸŽฉ pfp
J Finn ๐ŸŽฉ
@jdotfinn
I am not so sure in some ways about this, as there are definitely some farcaster-centric tokens that are moving hard to the upside. a few thoughts: > the way the narrative is positioned now, what's the catalyst for upside between now and September? > Channel navigation aside, is there a way to tie in experiments with $DEGEN the token into the Degen Mini App around content before the full app launches? (something like what Feeds is doing but around /degen). I think people see $ZORA, $BNKR and a lot of other opportunities that have momo, so they are rotating out. I am definitely still all in, but I think the emergent narrative of where Degen is going could be cleaner. Just my $0.02
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Jacek.degen.eth ๐ŸŽฉ pfp
Jacek.degen.eth ๐ŸŽฉ
@jacek
Yeah def, $CLANKER, $BNKR, $ZORA getting big Base/social pushes. BNKR/CLANKER even got Coinbase backing. Cool apps, but feels like kingmaking by vibes not usage. Thatโ€™s why builders like Racer (Friendtech) gave up, no support unless you're in the inner circle. Might backfire for Base imo.
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Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž pfp
Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž
@wellzy
I disagree about $BNKR. The utility provided through @bankr is outstanding. Itโ€™s a fully functioning product and they just keep shipping updates. I do agree that the community around keeps the vibes up in a way that degen hasnโ€™t seen in over a year. A lot of what Degen has done has basically pushed back against the community and had a direct affect on the price of the token. Itโ€™s been a very clear timeline. $Degen should have been the โ€œcurrencyโ€ of Farcaster but I feel like some of the decisions made made by the team were counterproductive.
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Caygeon.degen.eth ๐ŸŽฉ๐Ÿฐ๐Ÿ– pfp
Caygeon.degen.eth ๐ŸŽฉ๐Ÿฐ๐Ÿ–
@caygeon
I use bankr about 10-12 times a day.
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Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž pfp
Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž
@wellzy
Me too. Usage and vibes.
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J Finn ๐ŸŽฉ pfp
J Finn ๐ŸŽฉ
@jdotfinn
And market cap ; ) @deployer is the goat ๐Ÿ but โ€ฆ jacek raises some fair points broadly speaking
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Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž pfp
Wellzy ๐ŸŽฉ๐Ÿฐ๐Ÿ–โœž
@wellzy
I agree but when I think what couldโ€™ve been. Where it is is a long way from its ATH. I hoping their new vision can pump some life into but like someone (I think maybe it was you) mentioned earlier, it needs to be clarified so we have a better idea.
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J Finn ๐ŸŽฉ pfp
J Finn ๐ŸŽฉ
@jdotfinn
exactly, just clarify the vision and letโ€™s run it up and beyond โ€ฆ ๐ŸŽฉ + ๐Ÿ– = ๐Ÿค we need the rebel spirits of both
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Caygeon.degen.eth ๐ŸŽฉ๐Ÿฐ๐Ÿ– pfp
Caygeon.degen.eth ๐ŸŽฉ๐Ÿฐ๐Ÿ–
@caygeon
100% - I know degen is in the lab cooking, but to claim lack of support when there is currently nothing to do is a bridge to far at this juncture.
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