Degen Token ($DEGEN) has been making significant moves in the crypto space, with airdrops and transactions worth millions. The team airdropped 1,000,000 $DEGEN to the Top 100 Network Points holders. Drakulaapp hit a total $DEGEN volume of 800M. Token Rewards were released to award users. The launch of Degen Chain, an L3 for the Degen community, was announced, with $DEGEN as the native gas token. Syndicate and other entities were involved in the chain's development.