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    Degis

    Degis priceDEG

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    Quote currency:
    USD
    DEG
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    USD
    1 DEG = 0.{4}2627 USD
    Last updated 2024-11-05 05:44:43(UTC-0)
    Buy DEG

    Degis price live data summary

    The live price of Degis is $0.{4}2627 per (DEG / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $7.23 USD. DEG to USD price is updated in real time. Degis is 2.90% in the last 24 hours. It has a circulating supply of 0 .

    What is the highest price of DEG?

    DEG has an all-time high (ATH) of $0.9426, recorded on 2022-03-29.

    What is the lowest price of DEG?

    DEG has an all-time low (ATL) of $0.{4}1321, recorded on 2024-10-29.
    Calculate Degis profit

    Degis price prediction

    When is a good time to buy DEG? Should I buy or sell DEG now?

    When deciding whether to buy or sell DEG, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DEG technical analysis can provide you with a reference for trading.
    According to the DEG 4h technical analysis, the trading signal is Strong sell.
    According to the DEG 1d technical analysis, the trading signal is Sell.
    According to the DEG 1w technical analysis, the trading signal is Sell.

    What will the price of DEG be in 2025?

    Based on DEG's historical price performance prediction model, the price of DEG is projected to reach $0.001188 in 2025.

    What will the price of DEG be in 2030?

    In 2030, the DEG price is expected to change by +2.00%. By the end of 2030, the DEG price is projected to reach $0.002054, with a cumulative ROI of +7718.44%.

    Degis ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Degis (DEG)

    What Is Degis?

    Degis is a protection protocol developed on the Avalanche network. It aims to revolutionize the traditional insurance sector by introducing a decentralized protection ecosystem tailored for the entire crypto domain. This protocol primarily offers risk management services, emphasizing insurance mechanisms to shield users from cyber threats and other security vulnerabilities. Degis stands out as the first insurance-focused project constructed on the Avalanche C-Chain, designing a comprehensive risk management tool for liquidity providers and insureds across both DeFi and NFT markets. By leveraging blockchain">blockchain technology, Degis addresses the challenges of the conventional insurance industry, such as high operational costs and opaque claims processes, offering a more transparent and efficient solution.

    How Does Degis Work?

    The Degis platform employs blockchain technology to offer mutual coverage to users aiming to safeguard their digital assets. Unlike traditional platforms, Degis doesn't come with built-in resources. Instead, users are required to stake their digital assets, like USDC or Protection Tokens, into mutual cover pools. In return for staking, participants are rewarded with DEG tokens, with the reward amount being proportional to their contribution relative to the overall staked amount. This staking mechanism not only enhances the liquidity pool but also allows it to serve as protection providers. The platform offers four distinct protection models:

    - Token Model: This model offers token price protection through options, using smart contracts to stake reserves. Such contracts tokenize specific cover events, allowing them to circulate in secondary markets. Upon reaching the expiry date, these contracts automatically execute the cover payment.

    - NFT Model: Through AI algorithms, Degis predicts the price of each protection product, selling it as an NFT to buyers. Liquidity providers can stake funds in mutual cover pools, sharing the risk and premium, while buyers receive protection.

    - Meta Market: This aggregator allows trading of all existing protection protocols, NFTs, and tokens. Users can even create their protection products by setting simple variables without the need for smart contracts.

    - DAO Model: This model offers mutual coverage backed by smart contracts, where all members participate in decision-making, risk-sharing, and determining mutual cover payouts during claims.

    What Is DEG Token?

    DEG is the native token of the Degis platform, designed with a max supply of 100 million. As an ERC-20 token, DEG plays a pivotal role in the Degis ecosystem. It can be staked into the treasury for sharing protection pool premiums. Moreover, DEG token holders can stake to produce veDEG tokens, which are essential for the initial reinforcement of protection. The DEG token serves multiple purposes:

    - It acts as an incentive, rewarding loyal users and those who provide assets to the platform to generate liquidity.

    - It allows holders to participate in community governance activities.

    - It can be used in platform games.

    What Determines Degis's Price?

    In the ever-evolving world of blockchain and Web3, the price of tokens like Degis is influenced by a myriad of factors. At its core, the principle of supply and demand remains a fundamental driver. As more investors turn to cryptocurrency charts and cryptocurrency analysis for insights, they often base their decisions on the latest news and developments in the Web3 space. For instance, if there's positive news about cryptocurrency adoption or favorable cryptocurrency regulation, it could lead to an uptick in demand for Degis, subsequently driving its price up. Conversely, market volatility, often triggered by cryptocurrency risks such as security concerns or regulatory clampdowns, can lead to price fluctuations.

    Cryptocurrency price predictions play a significant role in shaping investor sentiment. As experts and analysts weigh in on the best crypto investment for 2023 and beyond, their forecasts can influence buying and selling behaviors. Platforms like Bitget, a leading centralized exchange, offer a convenient avenue for both seasoned and novice investors to buy and trade Degis. However, it's essential to approach cryptocurrency price prediction with caution, given the inherent unpredictability of the market. Lastly, as the blockchain space continues to mature, factors like the latest developments in the DeFi sector, broader cryptocurrency trends, and the overall sentiment towards cryptocurrency adoption will undoubtedly play pivotal roles in determining Degis's future price trajectory.

    Related Articles About Degis

    Discover Degis (DEG) on Bitget's CandyBomb: Crypto Insurance and Risk Management Made Simple

    Degis price performance in USD

    24h7 days30 days90 days1 yearAll-time
    +2.90%-91.09%-91.72%-93.12%-98.70%-99.95%

    Degis price history in USD

    The price of Degis is -98.70% over the last year. The highest price of DEG in USD in the last year was $0.03345 and the lowest price of DEG in USD in the last year was $0.{4}1321.
    TimeLowHigh
    24h$0.{4}2553$0.{4}2627
    7d$0.{4}1321$0.0003028
    30d$0.{4}1321$0.0003028
    90d$0.{4}1321$0.0006485
    1y$0.{4}1321$0.03345
    All-time$0.{4}1321(2024-10-29, 7 days ago )$0.9426(2022-03-29, 2 years ago )

    Degis market information

    Market cap
    --
    +2.90%
    Fully diluted market cap
    $2,626.9
    +2.90%
    Volume (24h)
    $7.23
    -99.58%
    Market rankings
    Circulation rate
    0.00%
    24h volume / market cap
    0
    Circulating supply
    0 DEG
    Total supply / Max supply
    43,000,000 DEG
    100,000,000 DEG
    ICO price
    $0.6000 ICO details
    Buy Degis now

    How to buy Degis(DEG)

    Create Your Free Bitget Account

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    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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    Verify your identity by entering your personal information and uploading a valid photo ID.
    Buy Degis (DEG)

    Buy Degis (DEG)

    Use a variety of payment options to buy Degis on Bitget. We'll show you how.

    Trade DEG perpetual futures

    After having successfully signed up on Bitget and purchased USDT or DEG tokens, you can start trading derivatives, including DEG futures and margin trading to increase your income.

    The current price of DEG is $0.{4}2627, with a 24h price change of +2.90%. Traders can profit by either going long or short onDEG futures.

    Join DEG copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or DEG tokens, you can also start copy trading by following elite traders.

    FAQ

    What is the current price of Degis?

    The live price of Degis is $0 per (DEG/USD) with a current market cap of $0 USD. Degis's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Degis's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Degis?

    Over the last 24 hours, the trading volume of Degis is $7.23.

    What is the all-time high of Degis?

    The all-time high of Degis is $0.9426. This all-time high is highest price for Degis since it was launched.

    Can I buy Degis on Bitget?

    Yes, Degis is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Degis guide.

    Can I get a steady income from investing in Degis?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Degis with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Degis (DEG)?

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    Cryptocurrency investments, including buying Degis online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Degis, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Degis purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    DEG is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support DEG trades.
    You can trade DEG on Bitget.

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