The presale has generated roughly $10 million for the iDEGEN team. The pre-market auction will conclude three days prior to the listing of $IDGN on exchanges.
In 2024, the cryptocurrency market experienced a surge to the tune of numerous new initiatives entering the market. There are emerging projects that have the potential to alter the way investors perceive the market in 2025.
iDEGEN is a project that has the potential to revolutionize the way investors perceive meme currencies. The project integrates the AI and memecoin ecosystems to guarantee that investors capitalize on both.
iDEGEN is a meme initiative that aims to develop the next billion-dollar memecoin by utilizing the advantages of AI. iDEGEN is a tool that uses community inputs on X to learn, evolve, and adapt, as stated in its whitepaper. Although AI is the driving force behind iDEGEN, degens are ultimately responsible for raising the tool.
In recent years, memecoins have experienced significant adoption and have evolved into a $45 billion ecosystem. Meme coins may experience an increase in value during the forthcoming altcoin season due to their increasing significance in the crypto sector.
iDEGEN has the potential to surpass numerous other cryptocurrencies in the broader market as a memecoin. The iDEGEN instrument operates on a straightforward mechanism. Users provide the tool with their data by means of tweets, annotations, and remarks. It acquires the post and incorporates it into its knowledge base; this is the method by which it acquires knowledge. Additionally, the application has the capability to generate and publish parodies, and it posts on X every 60 minutes.
In three days, the iDEGEN pre-market auction will conclude, and the team is on the brink of achieving yet another milestone. The pre-market auction has generated $9.8 million in revenue, with the sale of more than 1.1 billion $IDGN tokens.
The pre-market auction method is distinctive in the realm of cryptocurrency, as it enables early investors to achieve substantial gains. The iDEGEN token has experienced a 42% increase in the past seven days, despite the general crypto market’s underperformance.
This approach involves the price fluctuating every five minutes in response to market activity. The team has determined that the price will remain consistent for the upcoming period if an investor acquires $IDGN tokens within the next five minutes. Nevertheless, upon the occurrence of successive transactions, the price will increase by 5%. Lastly, the price will decrease by 5% if no one purchases the tokens within the next five minutes.
January 1, 2025 is the anticipated conclusion of the pre-market auction. Crypto exchanges will subsequently list the $IDGN token.
Also Read: IRS Releases Crypto Tax Guidelines for DeFi Servicecs
