DEGEN Defies Market Crash With 77% Surge—Because Memecoins Play by Their Own Rules

While blue-chip crypto bled, DEGEN—the meme token that laughs at fundamentals—racked up double-digit gains. Retail traders piled in as Bitcoin wobbled, proving once again that in crypto, ’logic’ is just a six-letter word.

Wall Street analysts scramble for explanations. Meanwhile, degens count their stacks—and remind everyone that sometimes, the ’dumb money’ wears the smartest grin.

Even crazier? $389 million in trading volume in a single day — up over 1100%. That’s not normal for a token that’s barely out of the meme category.

And yet… no clear reason behind the pump.

There’s no major news, no new listings, no influencer posts going viral. Just raw momentum. Some are calling it a short squeeze, others think it’s whales testing liquidity. Either way, Degen’s chart is vertical, and the community is loving it.

It’s a reminder that in crypto, not every rally has a reason. Sometimes, it just runs.

Meanwhile, the global crypto market is down 0.73% to $3.33 trillion, with Bitcoin and ethereum also in the red. Most tokens are flat or bleeding. DEGEN is one of the few showing signs of life — and doing it loudly.

Also Read: Crypto Price Today (May 13, 2025): Ethereum, BNB Drop while XRP Surges 3%; Dogecoin Dips 8%