DEGEN Token Experiences Volatility After Binance Listing

Binance Alpha’s listing of DEGEN resulted in a significant price surge of 6.5% on June 14, 2025. This initial jump quickly reversed as the market settled into typical volatility seen following new token listings on major platforms. Despite this surge, the overall impact on the broader crypto market remains unclear due to limited data about specific on-chain shifts and market reactions beyond DEGEN.