Key takeaways
- XRP is up 21% in the last 24 hours, surpassing BNB to become the fifth-largest cryptocurrency by market cap.
- iDEGEN has sold over 350 million tokens in its presale, raising over $1.2 million.
XRP surges by 21% to hit $1.90
XRP, Ripple’s native coin, is the best performer amongst the top 10 cryptocurrencies by market cap in the last seven days. The coin added 22% to its value during that period and has now hit the $1.90 mark.
Thanks to its latest rally, XRP has now surpassed BNB to become the fifth-largest cryptocurrency by market cap. If the market conditions remain bullish, XRP could hit the $2 psychological mark soon. However, XRP is still down 50% from the all-time high of $3.84 it achieved seven years ago.
What is iDEGEN?
We are in the age of AI, and the crypto industry is not exempted from this revolution. While AI projects in the crypto space mostly focus on other utilities, iDEGEN focuses on another growing important sector: memecoins.
iDEGEN is a sentient degenerate AI memelord. According to the development team, iDEGEN learns, evolves, and adapts based on what the community feeds it on X. Basically, the tool is powered by AI, raised by degens.
Its entry into the memecoin ecosystem is no surprise thanks to the fast-growing nature of this ecosystem. Meme coins have a combined market cap of over $45 bllion and are expected to grow larger in the coming months and years.
Unlike traditional AI models, iDEGEN evolves through interactions on X. Users feed the tool their data through tweets, tags, and comments. iDEGEN absorbs that post and adds it to its knowledge base; that’s how it learns.
The tool posts on X every 60 minutes and can generate and post memes. Everything iDEGEN posts is driven by its AI and what it learns from its community, with no human intervention.
A key aspect of iDEGEN is its community-driven approach. Memecoins are community-driven, and iDEGEN is leveraging those characteristics to become a leading AI-focused meme project in the crypto space.
iDEGEN’s presale surpasses 350 million tokens
iDEGEN is currently in its presale as it sells its native token, $IDGN, to raise funds to finance its products and services. So far, iDEGEN has sold over 357 million $IDGN tokens, raising $1.2 million in the process.
The project has adopted an unconventional method of token sales. According to the…