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Cryptocurrency News Articles

iDEGEN: A New Memecoin Project That Leverages the Benefits of AI

Dec 20, 2024 at 03:07 pm

The cryptocurrency market has been bearish since Bitcoin hit a new all-time high of $108k earlier this week. However, new projects continue to attract

iDEGEN: A New Memecoin Project That Leverages the Benefits of AI

iDEGEN is a meme project that boasts the benefits of AI in an attempt to create the next billion-dollar memecoin. According to the whitepaper, iDEGEN is a tool that learns, evolves, and adapts based on what the community feeds it on X. This essentially means that iDEGEN is powered by AI but ultimately raised by degens.

Memecoins have become widely accepted and adopted within the cryptocurrency community thanks to their fun nature and massive growth. iDEGEN is launching as a meme coin to leverage the growth of the $45 billion ecosystem and an ever-growing community.

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. Moreover, the tool posts on X every 60 minutes and can generate and post memes.

The iDEGEN pre-market auction is fast selling out, with over $7 million raised in the last few weeks. The team adopted a pre-market auction method to enable early investors to record excellent gains.

In the pre-market auction method, the price adjusts every five minutes based on market activity. According to the team, the price will remain steady for the next period if an investor purchases $IDGN tokens within five minutes. However, if purchases occur consecutively, the price will rise by 5%. Finally, if no one buys the tokens within five minutes, the price will drop by 5%.

In the last seven days, $IDGN’s price has increased by 616% despite the broader crypto market undergoing a slight correction. Investors can still invest in this project, as the pre-market auction will end on January 1, 2025. The token will then be listed on crypto exchanges.

Thanks to the pre-market auction, iDEGEN is delivering profits (unrealized) to investors even before listing on crypto exchanges. $IDGN is up 600% in the last seven days and could soar higher before its listing date.

iDEGEN will launch on the first day of 2025 and could be one of the best-performing projects of the year. The project’s huge potential means it could be a smart decision to invest in iDEGEN during its presale.

Per the team, iDEGEN combines the power of AI and memecoins. Thanks to its unique approach, it could become one of the leading meme coin projects on the Solana blockchain.

As a blockchain project, iDEGEN prioritises transparency. Hence, the iDEGEN website has a live pre-market listing price, allowing investors to track the token’s progress accurately before its launch on trading platforms.

Original source:coinjournal

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