Is Degeninme Preparing for Another 100% Price Gain?

Memecoins often gain traction not because of utility but because of narrative. Degeninme is the latest token to capture attention by combining two powerful ideas. 

The word “degen” is commonly used in crypto to describe high-risk, high-reward traders who thrive on speculation, while “doginme” recently gained popularity after a massive price rally. 

Together, they form Degeninme, a token that is now trending on the Base network with rising transaction volume and growing community interest.

With Uniswap V2 as its primary market and backed by increasing liquidity, Degeninme is showing strong early signals. Let’s dive into the latest numbers and analyse where this token might be heading next.

Degeninme Price Climbs 73%, Backed by Massive Buy-Side Volume

In the last 24 hours, Degeninme has surged by 73.23%, reaching around $0.0001107. This price increase reflects the growing excitement around meme coins trading on Base and follows the same momentum that pushed doginme into the spotlight just days ago.

Looking at transaction activity, the buying dominance is extremely clear. Out of 81,835 transactions, 81,185 are buys, while only 650 are sells. 

This imbalance reveals overwhelming buy pressure, creating strong short-term momentum. The number of individual buyers, recorded at 80,757, greatly exceeds the number of sellers, which is only 203. 

This further confirms a bullish trend, supported by broad retail participation rather than a small group of large holders.

Buy volume currently sits at $26,000, while sell volume is slightly lower at $24,000. Although the gap is not huge in terms of value, the scale of unique buyers suggests a stable foundation for continued growth. 

Liquidity is at $21,000, with the fully diluted valuation and market cap both sitting at $108,000. This positions Degeninme as a low-cap token with significant volatility and the potential for rapid price action.

Read more: SKINME Meme Coin Explodes on Base

Price Structure Points to $0.00013 as the Next Target

The short-term price chart on the 15-minute timeframe shows a steady and clean uptrend. Price is moving within a clearly defined ascending channel, bouncing between rising support and resistance lines. 

The midpoint of this channel, marked by a blue dotted line, has served as a reliable guide for the ongoing move.

Degeninme is currently trading at $0.0001102, sitting near the channel’s middle. The next visible target lies near $0.0001308, which acts as the upper boundary of this channel and a likely resistance area. 

This is also a psychologically important figure, and it may attract increased trading attention as price approaches it.

On the lower end, support is found at $0.0000931. As long as the token holds above this line, the current bullish trend remains intact. 

A drop below this region could trigger short-term profit-taking or shakeouts, although that risk seems limited for now given the strength in buyer volume.

Price action within the channel has been orderly, with higher lows and higher highs forming consistently. Volume spikes are also increasing, especially during breakouts toward the upper band, suggesting growing interest from both retail and early speculators.

Read more: DOGEGOV and the Meme That Became a Movement

Narrative and Network Strength Could Fuel More Growth

Narrative-driven tokens like Degeninme rely on cultural relevance, timing, and community traction. This token is hitting all three. Its name connects directly with two phrases that resonate deeply within the meme coin audience, making it instantly recognisable and shareable.

In terms of network, Degeninme is hosted on Base, an Ethereum Layer 2 that has rapidly become the go-to home for low-fee meme coin trading. 

Base allows users to transact cheaply and quickly, which suits the rapid-fire nature of speculative trading. As more meme tokens launch on Base, tokens like Degeninme benefit from rising user traffic and liquidity concentration.

The token is also currently ranked number 4 on Dexscreener, putting it in the spotlight and drawing even more new eyes to the project. 

This visibility, combined with low market cap and strong buyer activity, sets the stage for potential continuation toward the $0.00013 range in the coming hours or days.

That said, traders should still be cautious. Memecoins are highly volatile, and when sentiment flips, corrections can be sharp. Watching the buyer and seller ratio closely is key. 

As long as the number of buyers continues to exceed the number of sellers by a wide margin, the trend remains in favour of further upside.

Read more: DOGINME: A Meme Token on Base Layer 2

Where to Trade Meme Coins Like Degeninme

While Degeninme is currently only available on Uniswap through the Base network, many traders are already preparing for its potential listing on centralised exchanges. 

If you are looking to trade meme coins like Degeninme in a safer and easier environment, Bitrue is one of the top platforms to consider.

Bitrue is well known for supporting trending meme tokens and often lists viral assets early. It provides fast execution, a clean trading interface, and easy access to both new and established tokens. 

While Degeninme has not yet been listed on Bitrue, similar low-cap memecoins often make their way there once demand builds up.

Having an account on Bitrue allows you to act quickly when new meme coins launch or get listed. For those who are not comfortable using decentralised exchanges or bridging to Base, Bitrue offers a more accessible option to stay involved in the meme coin movement.

Conclusion

Degeninme is showing strong bullish signals, driven by an overwhelming number of buyers and a well-formed price structure. With 80,757 buyers compared to only 203 sellers, and over $50,000 in trading volume, the token is holding momentum and attracting serious attention.

As price continues to move within its upward channel, the next likely target is $0.00013, with key support sitting at $0.0000931. The narrative is strong, the Base chain is thriving, and the token’s visibility is only increasing.

If you are tracking meme coin trends or looking for the next big move, Degeninme is worth watching. And if you want a reliable platform for trading similar tokens with ease, Bitrue is a solid place to start.

Frequently Asked Questions

1. What is Degeninme?
Degeninme is a meme token built on the Base network, combining the popular crypto term “degen” with the recently trending “doginme” token to capture cultural attention in the meme coin community.

2. What is the price prediction for Degeninme?
Degeninme is currently trading around $0.0001102 with a bullish channel pointing to a near-term target of $0.00013. Key support sits at $0.0000931.

3. Where can I trade meme coins like Degeninme?
You can trade Degeninme on Uniswap via the Base network. For easier access to meme coins, Bitrue is a trusted exchange that regularly lists trending tokens and offers a smoother trading experience.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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