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DEGEN Index price

DEGEN Index priceDEGEN

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The price of this coin has not been updated or has stopped updating. The information on this page is for reference only. You can view the listed coins on the Bitget spot markets.
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Price of DEGEN Index today

The live price of DEGEN Index is -- per (DEGEN / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. DEGEN to USD price is updated in real time. DEGEN Index is 0.00% in the last 24 hours. It has a circulating supply of -- .

What is the highest price of DEGEN?

DEGEN has an all-time high (ATH) of --, recorded on .

What is the lowest price of DEGEN?

DEGEN has an all-time low (ATL) of --, recorded on .
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DEGEN Index price prediction

What will the price of DEGEN be in 2025?

Based on DEGEN's historical price performance prediction model, the price of DEGEN is projected to reach $0.00 in 2025.

What will the price of DEGEN be in 2030?

In 2030, the DEGEN price is expected to change by +37.00%. By the end of 2030, the DEGEN price is projected to reach $0.00, with a cumulative ROI of 0.00%.

DEGEN Index market information

Market cap
--
--
Circulating supply
-- DEGEN
Total supply / Max supply
-- DEGEN
-- DEGEN
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DEGEN Index ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About DEGEN Index (DEGEN)

The Evolution and Impact of Cryptocurrencies: A Historical Perspective

Cryptocurrency, a digital, or virtual currency that utilizes cryptography for security, has significantly shaped the financial and investment landscapes in ways few could have predicted. As we traverse through the 21st century, it is important to understand the nuances and key features of cryptocurrencies that have set the stage for this financial revolution.

Understanding the Cryptocurrency Phenomenon

Cryptocurrency made its debut in 2008 when an anonymous entity going by the name Satoshi Nakamoto released a white paper discussing the concept of Bitcoin. This was the birth of the first cryptocurrency. Nakamoto’s key motivation was to create a transaction method that would be exempted from government oversight, instantly transferable, and secured against fraud and cyber-attacks.

Cryptocurrency operates on a technology known as the blockchain — an open, distributed ledger that records transactions between two parties efficiently and in a verifiable and permanent way. The decentralisation nature of blockchain makes cryptocurrency theoretically immune to the old ways of government control and interference. Cryptocurrencies are essentially digital cash designed to be quick, secure, and often anonymous.

Key Features of Cryptocurrencies

  • Decentralization: One of the primary reasons cryptocurrencies have gained so much significance is their decentralized nature. Unlike traditional banking and payment systems, cryptocurrencies operate on decentralized platforms.

  • Anonymity: Cryptocurrencies offer the potential for anonymity. While the transaction history of each bitcoin is publicly available, the identity of the individuals doing the transactions is not known.

  • Peer-to-Peer Focus: Cryptocurrencies implement a peer-to-peer transaction methodology meaning that as long as both parties in the transaction agree, the transaction can take place.

  • Immutable Transactions: Once a transaction is put into a blockchain, it cannot be reversed. This trait ensures that once you have made a payment or transferred funds, they cannot be summoned back without the receiver's consent.

  • Limited Supply: Most of the cryptocurrencies like Bitcoin have a maximum limit. This trait is a contrast to traditional currencies which central banks can print more of in a bid to manage inflation.

Historical Significance and Impact of Cryptocurrencies

The introduction of cryptocurrencies has undoubtedly brought changes and challenges in various sectors, particularly the financial and legal sectors. Starting with Bitcoin, the number of cryptocurrencies has blown up to more than 5,000, consisting of various models and specifications each catering to different uses and users.

For the finance sector, cryptocurrencies provide a new asset class. Many retail and institutional investors have included cryptocurrencies in their portfolios. Moreover, cryptocurrencies provide a new transaction method that offers fast, inexpensive international money transfers.

From a legal perspective, cryptocurrencies have posed significant challenges. The anonymity of transactions can shield parties involved in illegal activities. Cryptocurrencies have been used to fund illicit activities such as money laundering or supporting terrorist activities.

Final Thoughts

The concept of digital money—cryptocurrencies—has proven to be a groundbreaking achievement that has taken the world by storm. As a decentralized and cryptographically secure currency, cryptocurrencies are changing the fiscal landscape and the way we make transactions.

Despite the challenges and controversies surrounding cryptocurrencies, the fact remains that they offer a novel and unique solution in the financial world. As the history of cryptocurrencies unfolds and continues to be written, their full potential and impact are yet to be seen.

How to buy DEGEN Index(DEGEN)

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Buy DEGEN Index (DEGEN)

Use a variety of payment options to buy DEGEN Index on Bitget. We'll show you how.

Join DEGEN copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or DEGEN tokens, you can also start copy trading by following elite traders.

DEGEN Index news

DEGEN Token Nears Breakout: Could See 30%-50% Price Surge
DEGEN Token Nears Breakout: Could See 30%-50% Price Surge

DEGEN’s recovery near critical support zones suggests a potential 30%-50% price rally if momentum holds. Despite declining trading volume, rising open interest and balanced sentiment indicate sustained engagement. Liquidation data shows $407K losses, highlighting volatility risks as DEGEN tests key resistance zones.

CoinEdition2024-11-22 16:00
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FAQ

What is the current price of DEGEN Index?

The live price of DEGEN Index is -- per (DEGEN/USD) with a current market cap of -- USD. DEGEN Index's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. DEGEN Index's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of DEGEN Index?

Over the last 24 hours, the trading volume of DEGEN Index is --.

What is the all-time high of DEGEN Index?

The all-time high of DEGEN Index is --. This all-time high is highest price for DEGEN Index since it was launched.

Can I buy DEGEN Index on Bitget?

Yes, DEGEN Index is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in DEGEN Index?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy DEGEN Index with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy DEGEN Index (DEGEN)?

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Cryptocurrency investments, including buying DEGEN Index online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy DEGEN Index, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your DEGEN Index purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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