Wednesday, 5 February 2025
Trending

Crypto News

iDEGEN presale hits $16m, token price soars 900% in seven days

iDEGEN pre-market

Key takeaways

  • The iDEGEN pre-market auction has officially surpassed $16 million.
  • $IDGN token has been up 900% in the last seven days despite the underperformance of BTC and other major cryptocurrencies.

What is iDEGEN?

The crypto market is going mainstream, and several leading institutions, including BlackRock and Standard Chartered, are expanding their base in the nascent industry. As these institutions take positions in larger cryptos like Bitcoin and Ether, retail investors can invest in newer projects with massive potential. 

One project that could record massive growth in 2025 is iDEGEN. The project merges the AI and memecoin ecosystems, ensuring investors take advantage of both. According to their whitepaper, iDEGEN is a meme project that leverages the benefits of AI in a bid to create the next billion-dollar memecoin. iDEGEN is a tool designed to learn, evolve, and adapt by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

The team is launching the token as a memecoin thanks to the massive adoption of this narrative in recent years. In 2024, the memecoin space grew from a $20 billion market cap to $120 billion, representing a 500% growth within 12 months. It is the second-best performing narrative in the crypto space, only behind AI. 

Hence, iDEGEN combining AI and memecoin means it seeks to leverage the two fastest-growing narratives in the crypto space.

As a memecoin, iDEGEN could be on track to outperform several other cryptocurrencies in the broader market. 

The team explained that the iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Want to read more about iDEGEN? Click here.

iDEGEN’s pre-market auction surpasses $15 million

The iDEGEN pre-market auction continues to hit new milestones. According to the website, the pre-market auction has raised $16 million, selling over 1.3 billion $IDGN tokens. 

Furthermore, $iDGN has 18,375 holders, accumulating 65,176% in ROI since investing in this token. iDEGEN implemented a unique pre-market auction method that allows early investors to record excellent gains. Despite the broader crypto market’s…

Click Here to Read the Full Original Article at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison…