Degen Arena DEGEN

What DEGEN actually is on-chain

Degen Arena is an ERC-20 deployed on Ethereum, at contract address 0x420658A1d8B8F5C36DdAf1Bb828f347Ba9011969. That address, not the ticker DEGEN, is what uniquely identifies this asset: anyone can deploy a second token calling itself DEGEN, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, DEGEN is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in DEGEN itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

2 other assets tracked on this site also use the ticker DEGEN: Degen (Base, 0x4ed4…efed); Degenerate (Solana, 6ztpBm…Ce7f). The asset on this page is specifically the Ethereum deployment at 0x4206…1969. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For DEGEN the project publishes an active account as @DegenArenaGame. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where DEGEN sits in the market

Degen Arena ranks #8556, in the far end of the rank table, where a capitalisation figure is barely meaningful, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 3 live DEGEN order books (OKX, Gate.io, HTX). That is coverage in line with a #8556 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for DEGEN are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

DEGEN against its all-time high

DEGEN is trading within 8711900.0% of its all-time high of $1.00e-08 (on 2025-06-16). This is price discovery: there is no overhead supply from earlier buyers and no horizontal resistance with any historical basis, because the asset has never traded here before. Support levels drawn from the chart are the only structure that exists, and momentum readings — an overbought oscillator, an exhausted volume profile — carry more information than any level you could draw above spot. That high was set roughly 1 years ago, recently enough that it still anchors how most current holders frame the asset.

DEGEN supply and valuation data

At #8556 there is no reliable third-party supply audit for DEGEN at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $22 thousand as of 2026-05-13. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset DEGEN is

Degen Arena falls in the gaming and virtual-world category, where token demand depends on player retention rather than on financial flows. The recurring failure mode for this class is well documented: in-game emissions create constant sell pressure while the user base plateaus, so the supply sink stops working before the supply tap does. Active-user data is a better leading indicator here than anything on the price chart.

CoinGecko files DEGEN under 3 categories, including Gaming (GameFi), Play To Earn, Ethereum Ecosystem. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Degen Arena alert that is worth receiving

Degen Arena is the ERC-20 at 0x4206…1969 on Ethereum — quoted on 3 venues we stream — high dated 2025-06-16 — rank #8556. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →