Degen (Base) Price Prediction: 2024, 2025, 2030
Degen (Base)’s price at the same time last week was $0.029. It has moved by -14.28 % in the past week and is currently at $0.022. Infact, in the past 24 hours, DEGEN has pumped by 15.41 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and DEGEN could hit $0.044 in 2025.
The total circulating supply of Degen (Base) as of writing this article was $12,481,637,551 and the marketcap of DEGEN remains at $281,617,410
Disclaimer
For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.
DEGEN price prediction: Key highlights
1. Primary support and resistance levels
- On the daily chart, the lowest support level for DEGEN lay at $0.0030.
- Meanwhile, $0.0580 can prove to be the peak resistance.
2. Market sentiment
- In May 2024, the market sentiment is seen to be bearish.
3. Predictive forecasts
- Forecasts from AI/ML predictive models estimate the average price of DEGEN to reach $0.1 in 2029 and increase to over $0.5 in 2035.
Get valuable insights on DEGEN’s future trajectory via a comprehensive daily technical analysis, followed by the coming weeks of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:
DEGEN technical analysis: Token drops close to 70% amid increasing selling pressure
The world of crypto is ever-expanding, with new players consistently entering the market. Out of these, DEGEN has captured significant interest. To delve deeper into its prospects, Degen (Base) price prediction for 2024 becomes crucial.
DEGEN began the journey, affirming its footing on the lowest support within the analyzed time frame at $0.0030. In late March, the altcoin ascended and quickly reclaimed the critical $0.0101 mark.
The momentum continued as the price experienced back-to-back pumps. This elevated it to test the peak resistance at $0.0580 and simultaneously attain an all-time high (ATH) of $0.0645.
However, this peak was followed by a downturn. The price faced rejection in April and fell to find respite at $0.0347. The bulls tried to hold this level yet lacked enough strength to sustain above it.
Consequently, this level turned into a resistance by the second week. The decline was so pronounced that DEGEN even fell below $0.0267. Notably, on April 19, Degen Chain marked a milestone. This Ethereum (ETH) layer-3 network topped the transaction per second (TPS) charts. It even surpassed the Base blockchain.
This development pushed the price above $0.0267 again. Nonetheless, after briefly crossing $0.0347, more declines followed. As April ended, DEGEN once again found itself back below $0.267.
At the time of this analysis, the token traded at $0.0174. This value marked a depreciation of around 70% over the last month, as per CoinMarketCap. Meanwhile, the support at $0.0171 was under the bearish radar, putting it at high risk.
An increase in selling pressure can cause this support to falter, which could lead DEGEN to tumble to $0.0101. A fall below this level puts the lowest support as the next stop.
Notwithstanding, if any new development triggers a push, the bulls can capitalize on the opportunity to reclaim $0.0267. Sustained buying pressure above $0.0347 puts reclaiming the ATH on the cards within 2024.
Future forecasts from our prediction models foresee modest growth for the asset. By 2029, the average price of DEGEN is expected to hit $0.1, with a significant rise anticipated by 2035, where it's projected to exceed $0.5.
DEGEN's 2024 roadmap: Key indicators to watch and trade
- The Chaikin Money Flow (CMF) stayed above zero close to mid-April. However, it shifted to negative territory thereafter, descending to -0.11 by the conclusion of the analysis. This pointed to a substantial outflow of money from the asset.
- Observing the Directional Movement Index (DMI) revealed that both the ADX and the +DI rose until April. The +DI line frequently crossed above and below the ADX line, which remained predominantly higher, suggesting continued strength in the trend's direction.
- From April, the -DI began its ascent, diverging from the behavior of the other two lines. By the end of the month, the -DI line crossed above both the ADX and +DI lines, indicating a shift towards increased selling pressure. At press time, the values were recorded as +DI at 19.6837, -DI at 28.7649, and ADX at 26.1856.
- DEGEN's trading volume remained lackluster except for short recoveries noted during rallies. This indicated that the investor interest was not sustainable.
Degen (Base) Price Prediction
Degen (Base) has had an eventful 2023. To simplify the latest DEGEN price prediction, we have divided up the prediction by short term Degen (Base) price prediction and long term Degen (Base) price prediction. As of writing this article, DEGEN had a trading volume of 68,081,242. Degen (Base) has gone down by -48.38% in the past 30 days.
According to our analysis in the short term, Degen (Base) price prediction for July 2024 shows the average price of DEGEN at 0.0031 and the highest possible price for July 2024 would be $0.0034.
Further, according to our analysis in the long term, Degen (Base) price prediction for November 2024 shows the average price of DEGEN at 0.0056 and the highest possible price for November 2024 would be $0.006.
Degen (Base)'s Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
5 May 2024 | $0.0033 | $0.003 | $0.0035 |
6 May 2024 | $0.0032 | $0.003 | $0.0035 |
7 May 2024 | $0.0032 | $0.0029 | $0.0034 |
8 May 2024 | $0.003 | $0.0028 | $0.0032 |
13 May 2024 | $0.0025 | $0.0023 | $0.0027 |
18 May 2024 | $0.0025 | $0.0023 | $0.0027 |
28 May 2024 | $0.0025 | $0.0023 | $0.0027 |
June 2024 | $0.0025 | $0.0023 | $0.0027 |
July 2024 | $0.0031 | $0.0029 | $0.0034 |
August 2024 | $0.0038 | $0.0035 | $0.004 |
September 2024 | $0.0044 | $0.0041 | $0.0047 |
October 2024 | $0.005 | $0.0047 | $0.0054 |
November 2024 | $0.0056 | $0.0052 | $0.006 |
December 2024 | $0.0063 | $0.0058 | $0.0067 |
Degen (Base) price prediction 5 May 2024: Degen (Base)'s price for 5 May 2024 according to our analysis should range between $0.003 to $0.0035 and the average price of DEGEN should be around $0.0033.
Degen (Base) price prediction 6 May 2024: Degen (Base)'s price for 6 May 2024 according to our analysis should range between $0.003 to $0.0035 and the average price of DEGEN should be around $0.0032.
Degen (Base) price prediction 7 May 2024: Degen (Base)'s price for 7 May 2024 according to our analysis should range between $0.0029 to $0.0034 and the average price of DEGEN should be around $0.0032.
Degen (Base) price prediction 8 May 2024: Degen (Base)'s price for 8 May 2024 according to our analysis should range between $0.0028 to $0.0032 and the average price of DEGEN should be around $0.003.
Degen (Base) price prediction 13 May 2024: Degen (Base)'s price for 13 May 2024 according to our analysis should range between $0.0023 to $0.0027 and the average price of DEGEN should be around $0.0025.
Degen (Base) price prediction 18 May 2024: Degen (Base)'s price for 18 May 2024 according to our analysis should range between $0.0023 to $0.0027 and the average price of DEGEN should be around $0.0025.
Degen (Base) price prediction 28 May 2024: Degen (Base)'s price for 28 May 2024 according to our analysis should range between $0.0023 to $0.0027 and the average price of DEGEN should be around $0.0025.
Degen (Base) price prediction June 2024: Degen (Base)'s price for June 2024 according to our analysis should range between $0.0023 to $0.0027 and the average price of DEGEN should be around $0.0025.
Degen (Base) price prediction July 2024: Degen (Base)'s price for July 2024 according to our analysis should range between $0.0029 to $0.0034 and the average price of DEGEN should be around $0.0031.
Degen (Base) price prediction August 2024: Degen (Base)'s price for August 2024 according to our analysis should range between $0.0035 to $0.004 and the average price of DEGEN should be around $0.0038.
Degen (Base) price prediction September 2024: Degen (Base)'s price for September 2024 according to our analysis should range between $0.0041 to $0.0047 and the average price of DEGEN should be around $0.0044.
Degen (Base) price prediction October 2024: Degen (Base)'s price for October 2024 according to our analysis should range between $0.0047 to $0.0054 and the average price of DEGEN should be around $0.005.
Degen (Base) price prediction November 2024: Degen (Base)'s price for November 2024 according to our analysis should range between $0.0052 to $0.006 and the average price of DEGEN should be around $0.0056.
Degen (Base) price prediction December 2024: Degen (Base)'s price for December 2024 according to our analysis should range between $0.0058 to $0.0067 and the average price of DEGEN should be around $0.0063.
Degen (Base)'s Long Term Price Prediction
Degen (Base)’s long term Price Prediction below is a look at DEGEN’s future prospect with regards to price. Degen (Base) was last seen at $0.022, with a market cap of $281,617,410 and trading volumes of $68,081,242. DEGEN’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $0.0063 | $0.005 | $0.0075 |
2025 | $0.037 | $0.029 | $0.044 |
2026 | $0.046 | $0.037 | $0.056 |
2027 | $0.058 | $0.046 | $0.07 |
2028 | $0.073 | $0.058 | $0.087 |
2029 | $0.091 | $0.073 | $0.1 |
2030 | $0.11 | $0.091 | $0.13 |
2031 | $0.14 | $0.11 | $0.17 |
2032 | $0.17 | $0.14 | $0.21 |
2033 | $0.22 | $0.17 | $0.26 |
2035 | $0.34 | $0.27 | $0.41 |
Degen (Base) price prediction 2024: Degen (Base)'s price for 2024 according to our analysis should range between $0.005 to $0.0075 and the average price of DEGEN should be around $0.0063.
Degen (Base) price prediction 2025: Degen (Base)'s price for 2025 according to our analysis should range between $0.029 to $0.044 and the average price of DEGEN should be around $0.037.
Degen (Base) price prediction 2026: Degen (Base)'s price for 2026 according to our analysis should range between $0.037 to $0.056 and the average price of DEGEN should be around $0.046.
Degen (Base) price prediction 2027: Degen (Base)'s price for 2027 according to our analysis should range between $0.046 to $0.07 and the average price of DEGEN should be around $0.058.
Degen (Base) price prediction 2028: Degen (Base)'s price for 2028 according to our analysis should range between $0.058 to $0.087 and the average price of DEGEN should be around $0.073.
Degen (Base) price prediction 2029: Degen (Base)'s price for 2029 according to our analysis should range between $0.073 to $0.1 and the average price of DEGEN should be around $0.091.
Degen (Base) price prediction 2030: Degen (Base)'s price for 2030 according to our analysis should range between $0.091 to $0.13 and the average price of DEGEN should be around $0.11.
Degen (Base) price prediction 2031: Degen (Base)'s price for 2031 according to our analysis should range between $0.11 to $0.17 and the average price of DEGEN should be around $0.14.
Degen (Base) price prediction 2032: Degen (Base)'s price for 2032 according to our analysis should range between $0.14 to $0.21 and the average price of DEGEN should be around $0.17.
Degen (Base) price prediction 2033: Degen (Base)'s price for 2033 according to our analysis should range between $0.17 to $0.26 and the average price of DEGEN should be around $0.22.
Degen (Base) price prediction 2035: Degen (Base)'s price for 2035 according to our analysis should range between $0.27 to $0.41 and the average price of DEGEN should be around $0.34.
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FAQs about Degen (Base)
Degen (Base)’s current price is $0.022 and witnessed a 15.41% increase in the past 24 hours. DEGEN/BTC pair saw a 8.46% increase in the past 24 hours
Investing in Degen (Base), DEGEN will purely depend on your personal risk appetite. As you can see over the past 24 hours Degen (Base)’s price has witnessed a 15.41% increase and over the past 30 days Degen (Base) has decrease by -48.38%. So it all depends on if this investment will hit your trading goals.
According to our latest Degen (Base) Price prediction for 2024, DEGEN should vary between $0.0075 and $0.005. Please keep in mind that the crypto market is very volatile and this Degen (Base) price prediction does not account for extreme wild swings in price.
As per the Degen (Base) price prediction 2024 model above, DEGEN’s price for May 2024 should range between $0.005 to $0.0075 with the average price for May being $0.0063
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2025 would be $0.037. This price would however would range from $0.044 and $0.029.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2026 would be $0.046. This price would however would range from $0.056 and $0.037.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2027 would be $0.058. This price would however would range from $0.07 and $0.046.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2028 would be $0.073. This price would however would range from $0.087 and $0.058.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2029 would be $0.091. This price would however would range from $0.1 and $0.073.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2030 would be $0.11. This price would however would range from $0.13 and $0.091.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2031 would be $0.14. This price would however would range from $0.17 and $0.11.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2032 would be $0.17. This price would however would range from $0.21 and $0.14.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2033 would be $0.22. This price would however would range from $0.26 and $0.17.
According to the Degen (Base) Price Prediction model above, DEGEN’s price in 2035 would be $0.34. This price would however would range from $0.41 and $0.27.
The highest price for Degen (Base) was recorded in 31 March 2024 during which DEGEN hit an All Time High of $0.064
The price of 1 Degen (Base) according to current market rate is $0.022