Important points
XRP has risen 21% in the past 24 hours, surpassing BNB to become the fifth-largest cryptocurrency by market capitalization.
iDEGEN sold over 350 million tokens in the pre-sale and raised over $1.2 million.
XRP soars 21% to $1.90
Ripple’s native coin, XRP, was the best performing among the top 10 cryptocurrencies by market capitalization over the past seven days. The value of the coin increased by 22% during this period and currently stands at the $1.90 level.
Thanks to its recent rally, XRP has now surpassed BNB to become the fifth largest cryptocurrency by market capitalization. If market conditions remain bullish, XRP could reach the psychological mark of $2 soon. However, XRP is still down 50% from its all-time high of $3.84 reached seven years ago.
What is Idegen?
We are entering the age of AI, and the cryptocurrency industry is not exempt from this revolution. While AI projects in the cryptocurrency space primarily focus on other utilities, iDEGEN focuses on another growing and important sector: meme coins.
iDEGEN is a sentient degenerate AI memelord. According to the development team, Idegen It learns, evolves, and adapts based on what the community feeds into X. Basically, this tool is powered by AI developed by degens.
The entry of meme coins into the ecosystem is not surprising due to the fast-growing nature of this ecosystem. The combined market capitalization of meme coins is over $45 billion and is expected to grow even larger in the coming months and years.
Unlike traditional AI models, iDEGEN evolves through interactions on X. 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.
This tool posts to X every 60 minutes and allows you to generate and post memes. Everything iDEGEN posts is driven by AI and what it learns from the community, with no human intervention.
A key aspect of iDEGEN is its community-driven approach. Memecoins are community-driven, and iDEGEN has leveraged that characteristic to grow into the leading AI-focused meme project in the cryptocurrency space.
iDEGEN presale exceeds 350 million tokens
Idegen is currently selling its native token $IDGN to fund its products and services and is in a pre-sale. To date, iDEGEN has sold over $357 million in IDGN tokens, raising $1.2 million in the process.
The project took an unconventional approach: a token sale. According to the development team, iDEGEN's pre-sale price is adjusted every 5 minutes based on market activity.
If an investor buys $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%.
iDEGEN plans to continue the pre-sale until January 1, 2025, before the tokens are listed on virtual currency exchanges.
Should I buy $IDGN tokens?
iDEGEN could be an interesting project in the crypto space thanks to its combination of AI and meme coins. AI tokens are a trend and $IDGN is joining this league. moreover, Idegen It will contribute to the growth of the broader memecoin ecosystem.
The $IDGN website features live pre-market listing prices, allowing investors to accurately track the progress of the token prior to its launch on trading platforms. With its unique and attractive pre-sale structure, now may be the best time to acquire $IDGN tokens before they are listed on major crypto exchanges.
