About Degen Distillery
What is Degen Distillery? Degen Distillery is a spirits brand that taps into Web3 technology to enhance the way consumers and communities engage with physical products. Their flagship product, 721 Vodka, is paired with their Tokenized Affiliate Protocol (TAP), which allows users to participate in a decentralized distribution network. By tokenizing sales contracts, users can take ownership of their sales and earn rewards. This model not only gives users a stake in the success of the product but also addresses the challenge of global distribution for physical goods. Degen Distillery has already sold out two NFT collections, reflecting high demand for their products. Their first bottle drop was a huge success also selling out in 24 hours. Key Features of Degen Distillery Degen Distillery is addressing multiple challenges in the spirits industry by leveraging blockchain technology and decentralized systems. Some of its standout features include: 721 Vodka: The first product in the Degen Distillery lineup, co-created with Brewdog. Social Distribution Platform (TAP): Users can become distributors themselves, earning commissions by selling Degen Distillery products through tokenized sales contracts. These contracts are stored on the blockchain, ensuring transparency and long-term ownership. Buyback & Burn Model: To align the community with the success of the brand, Degen Distillery will allocate 10% of its global spirits revenue to buy back and burn $DRINK tokens, enhancing the token’s scarcity and value.x
Trading Insights
Traders
6
Searched
5
Market Stats
Market Cap
£575.33
-18.36%
FDV
£5.70K
Circ. Supply
73M DRINK
Max Supply
721M DRINK
Total Supply
721M DRINK
Diluted Valuation
£5.71K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£401.15
406.43%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.0147
Price Change (1Y)
-99.95%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.00000791 per DRINK with a 24-hour trading volume of £401.15. Currently, Degen Distillery is valued at 99.95% below its all time high of £0.0147. This all-time high was the highest price paid for Degen Distillery since its launch.
The current circulating supply of Degen Distillery is 72,772,197 DRINK which means that Degen Distillery has as total market cap of £575.33.
Market details
DRINK vs markets
↘ 99.97%
DRINK vs BTC
↘ 99.97%
DRINK vs ETH
↘ 99.96%
Tags
food-beverage
Network & Addresses
Network | Address | |
---|---|---|
Base | 0x2dc90Fa3a0f178ba4beE16CAc5D6c9A5a7B4C6cB |
Price history
Time | Price | Change |
---|---|---|
Today | £0.00000791 | ↘ 18.30% |
1 Day | £0.00000973 | ↘ 18.30% |
1 Week | £0.00000815 | ↘ 1.80% |
1 Month | £0.000019 | ↘ 58.35% |
1 Year | £0.0170 | ↘ 99.95% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Degen Distillery to GBP currency in real-time. Get the live price of Degen Distillery on Coinbase.
The current market cap of Degen Distillery is £575.33. A high market cap implies that the asset is highly valued by the market.
The all-time high of Degen Distillery is £0.0147. This all-time high is highest price paid for Degen Distillery since it was launched.
Over the last 24 hours, the trading volume of Degen Distillery is £401.15.
Assets that have a similar market cap to Degen Distillery include Salad, ETNA Network, ShredN, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Degen Distillery is 73 million.
Degen Distillery calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.