Countdown to iDEGEN listing begins as XRP and Solana bullish trend stalls

The world is full of excitement for the new year, and crypto investors have more than one reason to be excited. In addition to the much-anticipated Bitcoin-led bull market, memecoin enthusiasts are keen on: Idegen's The listing is scheduled for January 1, 2025.

The success of this unique social experiment is rooted in its ability to harness the power of community and AI. As a result, there was a rush of investors looking to get into the project before it was even available to the public. In fact, the more than $11 million raised in five weeks says it all.

Ripple price chart shows sustained bullish trend

XRP/USD has had a great year. Year-to-date, it's up nearly 240%. Among the factors is the overall bullish sentiment that has seen Bitcoin soar above $100,000 for the first time in history. Beyond that, SEC lawsuits and easing pressure from the pro-crypto incoming US administration have also boosted Ripple’s price in recent months.

However, XRP price lost its bullish momentum. It was the fourth consecutive week in the red. Since briefly rebounding above $2.5000 on December 17th, the stock has fallen about 23% and is trading at $2.0912 at the time of writing.

Despite the decline, the fundamentals remain stable. Investors are hoping for a crypto-friendly environment under President Donald Trump's administration. This is an aspect that will further fuel the highly anticipated bull market of 2025. Additionally, Ripple's growing adoption of cross-border payments is set to increase its price in the coming months.

Looking at the daily chart, you can see that although it is below the short-term 20-day EMA, it is stable above the medium-term 50-day EMA. Therefore, it is likely to remain range bound in the short term and remain stable above the key support zone of $2.0000.

Meme coin enthusiasts begin countdown to iDEGEN listing

Five weeks have passed since iDEGEN was released. This unique social experiment highlights the endless possibilities of combining artificial intelligence and social media. During this period, over $1 billion of $IDGN tokens were sold. It has raised over $11 million. Ahead of the company's planned listing on January 1, 2025, investors are thinking:

Unlike most meme coins, whose presales are primarily controlled by their creators, iDEGEN operates on the principle of “for the community, by the community.” First, the project started with a clean slate, with no censorship, no restrictions, and no initial knowledge. It is X’s cryptocurrency custodian who supplied the data to X in the form of tweets and hashtags. This knowledge is used by the AI ​​agent to generate tweets every 60 minutes.

This model has resulted in increased online engagement and more investors joining for fear of missing out. As part of memecoin culture, the virality of a project is critical to its success.

Additionally, iDEGEN is developed to allow its owner to obtain the requested value rather than a random number generated by its creator. In the dynamic pricing model, the price of the $IDGN token changes every 5 minutes depending on demand.

If there are no purchases within 5 minutes, the price will be reduced by 5%. Similarly, two consecutive purchases will increase the price by 5%. After listing, the price will increase by 10% from the price at the end of the auction.

Remarkably, this unique approach is attracting more savvy investors. iDEGEN is more than just an AI meme coin that has gone viral, it is a viable investment opportunity for crypto whales and everyday investors alike. Additionally, its pricing model reduces the possibility of fire sales, which is common when meme coins hit public shelves. You can purchase Click here for IDEGEN token.

Death Cross Pattern Indicates Solana Trading Within a Range

Solana, the sixth-largest cryptocurrency by market capitalization, has been facing resistance at this level since falling below the stable $200 support zone two weeks ago. Looking at the daily chart, we see a bearish death cross pattern as the short-term 20-day EMA crosses the medium-term 50-day EMA downward.

In the short term, SOL/USD could find resistance along the 50-day EMA at $204.90 and support at $185.12. A further pullback could test $210.68, above which the bullish momentum will be back on track.