Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»CRYPTO NEWS»DegenLayer launches first Memecoin-centric blockchain
CRYPTO NEWS

DegenLayer launches first Memecoin-centric blockchain

By Crypto FlexsNovember 21, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DegenLayer launches first Memecoin-centric blockchain
Share
Facebook Twitter LinkedIn Pinterest Email

Luxembourg, Luxembourg, November 21, 2024, Chainwire

DegenLayer, a newly launched memecoin-focused blockchain and trading terminal app suite, has announced the launch of its testnet, marking a significant step towards its upcoming mainnet launch. The platform aims to facilitate zero-setup memecoin trading and creation by leveraging $20 billion of liquidity within the Optimism Superchain ecosystem.

The project developers expect daily profits in ETH to be $1 million, assuming 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 transactions and creation.

The project’s native token $DELAY was fairly launched on Uniswap last week and is expected to be listed on one of the top 15 exchanges ranked by CoinGecko next week, providing access to the token to its community of over 10 million users.

The project is driven by a team of over 60 people with notable successes including the CryptoPunk social network PunksClub.io, Music.com developed with Pharrell Williams, and AAA games such as The Witcher 3 and Dying Light 2. The founding team has previously achieved remarkable results. Success with SuperBid boosts token value from $0.01 to $12 in 2021.

“Our proven track record in both Web3 and gaming demonstrates our ability to deliver engaging user experiences,” said Jacob Rylko, co-founder and CEO. “With DegenLayer, we are accelerating adoption by leveraging our existing user reach of over 3 million users with Firecoin, our Telegram mini app.”

Key features and expectations:

  • Innovative “pump technology” that allocates 50% of profits to viral user rewards, $DELAY and memecoin buybacks
  • Viral referral program expecting daily reward distribution of $100,000
  • Seamless integration with Telegram’s 1 billion+ user base through mini apps
  • One-click memecoin creation and trading interface for non-cryptocurrency users
  • Transaction fees less than $0.01 at 2,000 TPS capacity

The launch of DegenLayer represents an important milestone in making memecoin trading accessible to mainstream users while leveraging the same existing Optimism infrastructure used by Coinbase’s BASE Layer 2.

Introduction to DegenLayer

DegenLayer 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 trading and creating memecoins. Supported by a team with expertise in Web3, gaming and entertainment, DegenLayer aims to provide innovative blockchain solutions to the global market.

To learn more about DegenLayer and its innovative approach to Memecoin trading, visit https://degenlayer.wtf. For media inquiries, please send to contact@degenlayer.wtf.

contact

CEO
Jacob Rilko
Degen Formation
contact@degenlayer.wtf

DegenLayer Introduces The First Memecoin Focused Blockchain

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Zama Raises $57M In Series B To Bring End-to-End Encryption To Public Blockchains

June 25, 2025

Gelato And Morpho Partner To Offer Embedded Crypto-Backed Loans For Wallets, Brokers, And Fintech Apps

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Encryption Inheritance Update: June 2025

June 25, 2025

Zama Raises $57M In Series B To Bring End-to-End Encryption To Public Blockchains

June 25, 2025

Gelato And Morpho Partner To Offer Embedded Crypto-Backed Loans For Wallets, Brokers, And Fintech Apps

June 25, 2025

Magic Newton Foundation Redefines Fair Token Launches With $NEWT

June 25, 2025

Like the initial Cardano, a way to reach $ 300 for Loy tokens more than $ 450K

June 25, 2025

AIXA Miner 2025 | AI-Driven Dogecoin Cloud Mining For Stable Daily Passive Income

June 24, 2025

Stably Introduces Stablecoin Development & Advisory Services For Institutions & Enterprises

June 24, 2025

Senior Trader Uses XRP To Start Bitcoin (BTC) Mining Machine, Earning $8,857 A Day

June 24, 2025

WF Holding Ltd Announces Entry Into The Digital Cryptocurrency Field

June 24, 2025

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Encryption Inheritance Update: June 2025

June 25, 2025

Zama Raises $57M In Series B To Bring End-to-End Encryption To Public Blockchains

June 25, 2025
Most Popular

Track real-time market sentiment with Kraken Pro’s new Technical Analysis (TA) widget.

September 3, 2024

Animoca Brands with Chess.com presents ‘Anichess’ in stages.

January 18, 2024

Toward a 12-second Block Time

June 2, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.