DegenLayer, a newly launched memecoin focused blockchain& trading terminal app suite, has announced its testnet release, marking akey step toward its upcoming mainnet launch. The platform aims to facilitatezero setup memecoin trading and creation, leveraging the $20 billion liquiditywithin the Optimism Superchain ecosystem.

The project's developers project daily revenues of $1million in ETH, assuming a daily DEX trading volume of $200 million. With lowtransaction fees and a streamlined user interface, DegenLayer seeks to providea gateway for mainstream users to engage in blockchain-based trading andcreation.

The project's native token $DELAY was fair launched onUniswap last week, and is set to be listed on one of the top 15CoinGecko-ranked exchanges next week, providing access to the token to their 10million+ user community.

The project is powered by a 60+ person team behind notablesuccesses including PunksClub.io the CryptoPunk social network, Music.com(developed with Pharrell Williams), and AAA games like The Witcher 3 and DyingLight 2. The founding team previously achieved remarkable success withSuperBid, driving token value from $0.01 to $12 in 2021.

"Our proven track record in both Web3 and gamingdemonstrates our ability to deliver compelling user experiences," saysJacob Rylko, Co-Founder & CEO. "With DegenLayer, we're leveraging ourexisting reach of 3 million+ users through our Telegram mini-app, Firecoin, toaccelerate adoption."

Key features and projections:

• Innovative "Pump Technology" with 50% of revenue allocated to viral user rewards, $DELAY and memecoin buybacks
• Viral referral program projecting $100,000 daily reward distributions
• Seamless integration with Telegram's 1B+ user base via a mini app
• One-click memecoin creation and trading interface for non-crypto users
• Transaction fees below $0.01 with 2,000 TPS capacity

DegenLayer's launch represents a significant milestone inmaking memecoin trading accessible to mainstream users while leveragingestablished Optimism infrastructure, the same that is used by Coinbase's BASELayer 2.

About DegenLayer

DegenLayer is a trading terminal and Ethereum Layer 2blockchain designed to make memecoin trading accessible to mainstream users.Built on Optimism technology, the platform offers low-cost, high-speedtransactions and a zero setup interface for memecoin trading and creation.Backed by a team with expertise in Web3, gaming, and entertainment, DegenLayeraims to bring innovative blockchain solutions to the global market.

For more information about DegenLayer and its revolutionaryapproach to memecoin trading, users can visit https://degenlayer.wtf.