# 🎩 Daily $DEGEN 🎩

*Newsletter #33*

By [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews) · 2024-03-11

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1.  **_Trade $DEGEN in Frame:_** Enter any amount of ETH you want to swap for $DEGEN and trade in Frame. We have two versions of swaps in frames. [One](https://warpcast.com/iamng/0xd8337346) by [@iamng](https://warpcast.com/iamng) and [another](https://warpcast.com/greg/0x2fa47192) by [@greg](https://warpcast.com/greg). Its a great tool to share with friends that want to buy $DEGEN but aren't cryptonative.
    
    ![](https://storage.googleapis.com/papyrus_images/ce9f6801b13ed3c834ba0134c3c4c78f.jpg)
    
2.  **_Updated Tokenomics page:_** The tokenomics page on [degen.tips](http://degen.tips) has been updated. It has all the details for token distribution and circulating supply. One of the things that stands out is that of the 60% of the token that is to be airdropped, only 32% of that is circulating. There is also still 16% more to tokens to be dropped in Airdrop #2 as Season 1 was just 3.95%.
    
    ![](https://storage.googleapis.com/papyrus_images/6fc7fc64e9a67449e4ce0e1d2314c337.png)
    
3.  **_Unknown Accumulators:_** A few community members have noticed large wallets buying up $DEGEN. One wallet is a multisig that has accumulated over $500K worth of $DEGEN. Another wallet that has over $16M cash in their wallet has been buying $DEGEN. It's more than a memecoin. Thanks to [@0xpotus](https://warpcast.com/0xpotus) for highlighting.
    

![](https://storage.googleapis.com/papyrus_images/87867dd2850be9a48c420d79d6e90ebc.png)

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*Originally published on [🎩 DEGEN NEWSLETTER 🎩](https://paragraph.com/@degennews/33)*