DegenLayer, a new memecoin-focused blockchain and trading app, has announced its testnet release, potentially changing the way memecoin trading is done. This platform aims to make memecoin trading and creation easier, with $20 billion in liquidity from the Optimism Superchain ecosystem. The developers project daily ETH revenues of $1 million, assuming a daily DEX trading volume of $200 million.
The platform has low transaction fees and a user-friendly interface, making it accessible to mainstream users. The project’s native token, $DELAY, was launched last week and will be listed on one of the top 15 CoinGecko-ranked exchanges next week. DegenLayer is backed by a team with experience in Web3, gaming, and entertainment, aiming to bring innovative blockchain solutions to the global market.
