1/6 Degen to $1 Thesis
Alright, this is for the disbelievers out there. Let’s start with a premise: one day, everyone will be onchain. This isn’t a maybe, this will be the new internet. If you reject that, we can’t help you.
Now, here’s what we also know: the Coinbase crew and the Farcaster team are building Base and Farcaster with one clear mission: to onboard the next 1 billion users. And so far, they’ve been on an undeniable upward trajectory since day one.
Within this context, Degen stands out. By any measure, Degen is the largest token on @farcaster_xyz and one of the largest on @base. In our view, Degen has probably built the strongest organic community across the entire Base ecosystem.
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