Degenerate SQuiD SQDGN Price

What is Degenerate SQuiD (SQDGN)?

Degenerate SQuiD ($SQDGN) is a cryptocurrency launched on the Base blockchain, a Layer-2 solution for Ethereum, in early 2025. Positioned as both a memecoin and an AI-powered blockchain analytics tool, $SQDGN aims to democratize on-chain data analysis for non-technical users. The platform leverages the Subsquid Network ($SQD) for data indexing, enabling its AI agent to analyze blockchain metrics, such as token transactions and holder activity, with an 85% hit rate on trading calls, per community claims on X. With a total supply of 1 billion tokens, $SQDGN is traded on exchanges like Uniswap V2 (Base), MEXC, and Bybit, with a circulating supply of 1 billion.

The project’s ecosystem includes a user-friendly interface for exploring blockchain data without coding expertise, an active AI agent on X (@sqdgnintern) for community engagement, and upcoming features like auto-trading strategies and Solana support, as announced in April 2025. The $SQDGN token facilitates access to premium analytics, governance, and trading fee payments, with plans for an on-chain portfolio tracker and a revamped website by May 2025. Its memecoin narrative, humorously tied to “Pepe’s secret squid son,” blends SocialFi elements with utility, fostering a vibrant community through lore-driven posts and memes.

Community sentiment on X is bullish, with posts citing rapid adoption and partnerships with $SQD, though some warn of volatility and token concentration risks, per Rugcheck.xyz. No major hacks have been reported, but challenges include sustaining utility beyond meme hype, addressing scam concerns from competing memecoins like $SQUID, and navigating regulatory complexities. The project’s vision is to lead AI-driven blockchain analytics, combining memecoin appeal with practical tools to onboard Web3 users, potentially expanding to Solana for broader ecosystem reach.

What is unique about Degenerate SQuiD (SQDGN)?

Degenerate SQuiD blends memecoin culture with AI-driven blockchain analytics on Base, simplifying on-chain data for non-technical users with an 85% accurate AI agent. Its integration with Subsquid ($SQD), upcoming auto-trading, and Solana support, plus a lore-driven community, make it a unique SocialFi-AI hybrid.

Who are the founders of Degenerate SQuiD (SQDGN)?

The founders of Degenerate SQuiD are Anonymous, as no specific individuals are named in available sources. The project is driven by a decentralized team, with community engagement led by the @sqdgnintern X account, emphasizing “giga-brained” development.

Who are the backers/investors of Degenerate SQuiD (SQDGN)?

No specific backers or investors are disclosed. Degenerate SQuiD relies on community-driven funding through token sales, with support from exchanges like Uniswap V2, MEXC, and Bybit. Community enthusiasm and a partnership with Subsquid ($SQD) drive growth, but institutional backing is not documented.

Where can I buy Degenerate SQuiD (SQDGN)?

 Aerodrome (Base), Uniswap V3 (Base)