DegenLayer Launches the First Memecoin-Focused Blockchain, Set to Revolutionize Crypto Trading

Luxembourg, Luxembourg, November 21, 2024 – In a groundbreaking move for the cryptocurrency space, DegenLayer has officially launched its testnet, introducing the world’s first memecoin-focused blockchain and trading terminal suite. This exciting new platform is set to redefine the memecoin trading landscape by offering zero-setup trading and creation, backed by the robust liquidity of the $20 billion Optimism Superchain ecosystem.

DegenLayer’s mission is to simplify memecoin trading for mainstream users by providing a seamless, low-cost solution that removes the complexity typically associated with blockchain platforms. With its innovative approach, DegenLayer aims to empower everyday users to engage with the burgeoning memecoin market without requiring technical expertise.

A Game-Changer for Memecoin Trading

The developers of DegenLayer project ambitious daily revenues of $1 million in ETH, based on a projected $200 million in daily DEX trading volume. With transaction fees under $0.01 and a highly efficient user interface, DegenLayer aims to offer an unparalleled trading experience, making it easier than ever to buy, trade, and create memecoins.

“DegenLayer is designed to be an accessible gateway for anyone looking to engage with memecoins and blockchain technology. We are removing barriers to entry and building a platform where users can trade and create with ease,” said Jacob Rylko, Co-Founder and CEO of DegenLayer. “By leveraging the Optimism Superchain, we’re tapping into a $20 billion liquidity pool, creating a smooth, fast, and scalable environment for memecoin trading.”

Innovative Features Set DegenLayer Apart

DegenLayer’s cutting-edge platform is powered by a strong development team of 60+ professionals, who bring years of expertise in Web3, gaming, and entertainment. The team behind DegenLayer has an impressive track record, with notable achievements including the PunksClub.io social network, Music.com (created with Pharrell Williams), and AAA games like The Witcher 3 and Dying Light 2.

The platform's unique features include:

• Pump Technology: 50% of the platform's revenue will be allocated to viral user rewards, DELAY token buybacks, and memecoin promotions.

• Viral Referral Program: A robust referral program is projected to distribute $100,000 in daily rewards.
• Seamless Telegram Integration: A mini-app within Telegram’s 1B+ user base allows users to easily trade and create memecoins directly through the app.

• One-Click Memecoin Creation: The platform features a streamlined, no-setup-required interface for creating and trading memecoins, designed to appeal to non-crypto users.

• Scalable Infrastructure: With a 2,000 TPS (transactions per second) capacity, the platform ensures fast and efficient transactions, all with fees below $0.01.

In addition to these features, the DELAY token, the platform’s native cryptocurrency, was launched via a fair launch on Uniswap last week. The token is scheduled to be listed on one of the top 15 CoinGecko-ranked exchanges next week, expanding its accessibility to a global user base of over 10 million.

Building on a Proven Track Record

The team behind DegenLayer has a history of success in both Web3 and gaming industries. Their previous venture, SuperBid, saw the token's value skyrocket from $0.01 to $12 in 2021, demonstrating their ability to drive value and adoption within the crypto space.

“We’re leveraging our existing user base of over 3 million users through our Telegram mini-app Firecoin, which has already gained significant traction, to accelerate adoption of DegenLayer,” said Rylko. “We’re confident that our proven ability to create compelling user experiences will help make DegenLayer the go-to platform for memecoin enthusiasts.”

A Revolutionary Approach to Memecoin Trading

DegenLayer’s launch marks a significant step forward in making memecoin trading more accessible to mainstream users. By integrating with the Optimism ecosystem, the platform combines the power of Ethereum Layer 2 with cutting-edge technology to provide users with a highly efficient, cost-effective, and user-friendly experience.

As the memecoin market continues to gain momentum, DegenLayer is positioning itself to be at the forefront of this rapidly growing sector, providing a unique offering that simplifies access to memecoin trading and creation.

For more information on DegenLayer and its innovative approach to memecoin trading, visit https://degenlayer.wtf.

About DegenLayer

DegenLayer is a next-generation Ethereum Layer 2 blockchain and trading terminal, built specifically for the memecoin ecosystem. Powered by the Optimism Superchain, DegenLayer offers a low-cost, high-speed platform designed for seamless memecoin creation and trading. With a focus on accessibility, simplicity, and scalability, DegenLayer is making it easier than ever for users to enter the world of blockchain and crypto.

Backed by a team with deep expertise in Web3, gaming, and entertainment, DegenLayer is set to redefine the memecoin market with a revolutionary approach to digital finance.

Contact Information

CEO: Jacob Rylko

Email: [email protected]