Important points
Bitcoin continues to trade around $100,000 after hitting an all-time high of $103,000 a few days ago.
iDEGEN's pre-market auction raised over 550 million tokens and over $3 million.
BTC remains around $100,000
Bitcoin, the top cryptocurrency by market capitalization, hit a new all-time high of $103,900 a few days ago. However, it fell slightly on Friday to around $93,000, but has since recovered and is currently trading around $100,000.
At press time, bitcoin price is $99,735, up less than 1% over the past 24 hours. Meanwhile, DOGE, Dogecoin's native coin, has been the best performing among the major cryptocurrencies, increasing its value by 8% as of today.
What is Idegen?
Dogecoin's rise shows that the meme coin is outperforming other stories in the crypto space. A meme coin that could be a big winner in this bullish cycle is iDEGEN.
iDEGEN, which is still in the pre-sale stage, aims to merge meme coins and the AI ​​ecosystem. It is a sentient degenerate AI meme lord. In the whitepaper, the team explained that iDEGEN will learn, evolve, and adapt based on what the community feeds into X. This primarily means that iDEGEN is powered by AI, but ultimately by degens.
Idegen joins the fast-growing meme coin ecosystem. The combined market capitalization of meme coins is over $45 billion and is expected to grow even more in the coming months and years.
The development team explained that users feed data into the tool through tweets, tags, and comments. iDEGEN absorbs the submission and adds it to its knowledge base. That's how you learn.
In addition to that, iDEGEN posts to X every 60 minutes and allows you to generate and post memes. The team noted that all posts on iDEGEN are driven by AI and what it learns from the community, with no human intervention.
Please visit official Idegen website To read further.
iDEGEN sells over 550 million tokens in pre-auction market
iDEGEN is currently conducting a pre-sale of its native token $IDGN to fund its products and services. So far, the team has sold 561 million tokens and raised over $3 million.
Pre-market auctions utilize unconventional methods to attract more investors. iDEGEN's pre-sale price is adjusted every 5 minutes based on market activity. The team explained that if an investor purchases $IDGN tokens within 5 minutes, the price will remain stable for the next period. However, if consecutive purchases occur, the price of $IDGN will increase by 5%. Finally, if no one buys the token within 5 minutes, the price will drop by 5%.
of Idegen The pre-market auction will continue until January 1, 2025, before the tokens are listed on crypto exchanges.
Is now the right time to buy $IDGN tokens?
Statistically, the best time to buy tokens is during pre-sales and bear markets. However, the market is currently in a bullish cycle, so purchasing iDEGEN tokens at this pre-sale stage could be a good investment decision.
Idegen This is an interesting project that combines AI and meme coins. This could become one of the major meme coin projects on the Solana blockchain.
The iDEGEN team's website features live pre-market listing prices, allowing investors to accurately track the progress of the token prior to its launch on trading platforms.
