The cryptocurrency market has seen significant activity around meme coins and decentralized exchanges (DEXs), with a particular focus on the DEGEN token and the Degen Chain, a Layer-3 network. Uniswap reported over $1B in volume on Base, marking a significant milestone. A trader notably turned $113K into $3.4M by trading DEGEN, highlighting the volatile yet lucrative nature of meme coin trading. The DEGEN token itself has seen a +220% surge within a week, attributed to user growth on Farcaster, a Web3 social media platform, and a broader surge in meme coin interest. Additionally, the DEGEN token has been listed on SynFuturesV3 with up to 10x leverage, further increasing its accessibility and potential for high-risk, high-reward trading. This surge in meme coin trading has contributed to record-breaking DEX activity, with March registering an all-time high transaction volume of $261 billion.