Degen (DEGEN) Price Prediction 2025, 2026, 2030

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Eliman Dambell

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Eliman Dambell

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Eliman Dambell was a news writer and editor at Bitcoin.com, FXStreet and Investing.com. He commentates on various markets, including Crypto, Stocks and FX.

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Last updated: 

May 13, 2025

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Since launching in 2024, Degen (DEGEN) has made strong gains in the market, climbing by nearly 200% by the end of the year. This came after Coinbase added the token to its listing roadmap, leading to increased demand for the reward token. Since then, the token has followed global market trends and increased to $0.0037. Still, we believe this is far from the final word on its long-term valuation and future potential.

This Degen price prediction will dig deep into the founding of this project, looking at both technical and fundamental analysis to build a better picture of what could be coming. We will also spend time looking at the wider marketplace, and see if investors currently have an appetite for DEGEN.

Degen Price Prediction 2025

After a strong start when listed at Coinbase and consequently surging by 125%, the further progress of DEGEN +12.80% was thwarted by broader market trends. Despite this pullback, our outlook for the rest of the year remains positive, thanks to its strong community and practical use as a reward token within the Farcaster exosystem. Its presence within Farcaster is significant, as this protocol may be one of the best decentralized means for establishing connections and creating content on social networks.

In addition to this, as a meme coin, crowd mentality plays a significant role in helping to boost valuation. While transaction activity is down, a minor development, positive piece of news, or simply investor hype could see its market capitalization quickly rise back to its former numbers. There are also nearly 800,000 holders of the token, and as decentralized applications (dApps) like Proxyswap begin accepting DEGEN, this number is set to increase.

Should any of these factors come to a realization in the coming months, they could put a stop to downward trends and start a new bull period for Degen. With that in mind, our Degen price prediction for 2025 is that it could easily breach $0.0040. The following table provides monthly price predictions for the next six months:

Degen Price Prediction 2026

As mentioned above, crowd mentality will play a key role in the potential rise of DEGEN. Typically, the power of retail traders has a significant impact on crypto valuations, as seen in 2021 during the pandemic boom. Meme coins like Shiba Inu and Dogecoin surged to all-time highs, as traders all flocked together to send prices as high as they could go.

If the global tariff situation eases by 2026 – and signs of this are already emerging, with the U.S. government pulling back on some of its tariff measures – global markets could return to positive territory, potentially lifting crypto markets along with them. This could help boost investor confidence to take higher-risk positions. Additionally, with the cost of lending falling, we could see traders able to access capital more easily than in recent years.

Factoring this in our Degen price prediction for 2026, we believe the price of Degen could hit $0.0089, which is a 142.50% increase from today’s price.

Degen Price Forecast Long-Term Outlook: 2027–2030 Predictions

Looking forward to the remainder of the decade, there will likely be several ups and downs with the DEGEN +12.80% token. After being listed on Coinbase, DEGEN also secured a listing on several other exchanges, like Crypto.com and OKX, and other major crypto exchanges. This will further expand its reach to attract new investors, which will be key to triggering and driving up the price. Additionally, partnerships with different platforms similar to Farcaster will also help add utility.

Despite the possibility of growth in the next few years, it must be noted that there is a high potential for a drop in price. As seen with other similar meme-like projects, a lack of utility development could eventually reflect in the price valuation slipping. To combat this, the Degen team could explore alternative ways to increase the use cases it targets.

Should the above occur, our cautious Degen price prediction for 2030 is that it could reach up to $0.51, with an average trading price of $0.16.

Here’s our detailed DEGEN price forecast for 2025–2030:

• 2027: $0.020
• 2028: $0.043
• 2029: $0.086
• 2030: $0.16

Our Degen Price Prediction Methodology

When it comes to our Degen price forecast, a lot of it has been based on fundamental analysis and research into its creators. We also used technical analysis to determine price action and key levels and build a well-rounded view of where this token could be headed. As such, we predominantly focused on looking at major occurrences with Degen, as well as the wider macroeconomic environment.

Starting off, the Coinbase listing was an important step in the story of DEGEN and its immediate impact on the market. The price rose by almost 200% in about a month, making us wonder how the market could react if more similar listings were to be announced. However, at the time, the token also showed signs of overvaluation and proceeded to decrease in price steadily. Over the last month, it’s increased by +92.79%.

Lastly, we took the economic climate into consideration, especially with looming tariff tensions. If recent trends continue and reciprocal tariffs aren’t realized as initially proposed, this could boost investor confidence and appetite for risk, with crypto a likely target for retail traders.

Degen Price History

Despite existing for less than a year, there have been several marquee moments in the history of DEGEN. Let’s take a look at some of the main.

• January 2024: Degen was introduced as a meme-based cryptocurrency, quickly gaining traction among crypto enthusiasts who used it as a reward token on Farcaster.
• March 2024: The token experienced a sharp rise in price, soaring to a record high of $0.064 in March 2024.
• October 2024: Coinbase added DEGEN to its listing roadmap, sending the price to a high of $0.008205.
• April 2025: Increased resistance put continuous pressure on the price, driving it to its potential low of $0.20 before a rebound.

What Do Other Analysts Predict for Degen Coin?

Besides our own analysis, several other platforms and commentators have also provided their price predictions for the coming years. Here are some predictions from some notable names in the crypto market.

What is Degen?

Designed as the reward token for users of the Farcaster social network, Degen (DEGEN) was initially created as a channel on the platform; however, after rapidly growing, it launched its own crypto. The ERC-20 project introduces a unique tipping system that allows users to reward content creators for producing high-quality content, fostering an engaged and collaborative ecosystem. Unlike many meme tokens, DEGEN serves a functional purpose, empowering its community to incentivize valuable contributions within the platform.

In March 2024, Degen announced it was launching its own Layer 3 chain (on top of the Base Layer 2 chain), to provide social interactions between dApps. This coincided with the token surging to a record high of %0.064, which then prompted Coinbase to add it to its listing roadmap later on in the year. At present, it has a daily trading volume of $10 million and is a top 600 cryptocurrency. All in all, it has a market capitalization of $52.57M, at a current price of $0.0037.

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Conclusion

Degen has transitioned from being a meme-based coin to somewhat of a utility token as a result of its use cases on Farcaster. This has enabled it to secure a listing from Coinbase, with more exchanges following suit and bringing DEGEN to their platform. Despite its initial spark in interest, it is wise to remain diligent when trading Degen.

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