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BTC sets a new all-time high of $106k, iDEGEN’s presale hits $5m

by Catatonic Times
December 16, 2024
in Analysis
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Key takeaways

Bitcoin has reached a brand new all-time excessive value of $106,488 after including 3% to its worth on Sunday.
iDEGEN’s pre-market public sale has formally surpassed the $5 million mark.

BTC hits $106k

Bitcoin, the main cryptocurrency by market cap, set a brand new all-time excessive value of $106,488 a number of hours in the past. This newest improvement comes after Bitcoin added greater than 3% to its worth on Sunday.

At press time, the value of Bitcoin stands at $105,166, retracing barely from its all-time excessive. The rally comes as analysts anticipate the U.S. Federal Reserve to chop rates of interest later this week. 

What’s iDEGEN?

Bitcoin has achieved a brand new all-time excessive whereas altcoins proceed to rally increased. Moreover, new tasks within the ecosystem proceed to draw funding from traders. iDEGEN is likely one of the tasks in its presale stage that’s attracting curiosity from traders 

iDEGEN combines the options of AI and memecoins to current a powerful venture with an equally energetic neighborhood. Of their whitepaper, the staff defined that the iDEGEN software learns, evolves, and adapts based mostly on what the neighborhood feeds it on X. Which means iDEGEN is powered by AI however in the end raised by degens. 

It’s going to launch as a memecoin, leveraging the expansion of the meme coin ecosystem in recent times. The memecoin market is value over $45 billion and is predicted to develop bigger within the coming months and years. 

iDEGEN has a easy working mechanism. Customers feed the software their information by way of tweets, tags, and feedback. The software absorbs the publish and provides it to its data base; that’s the way it learns. Moreover, the software posts on X each 60 minutes and may generate and publish memes. 

Click on right here to learn extra concerning the iDEGEN venture.

iDEGEN’s pre-auction market crosses the $5 million milestone

The iDEGEN pre-market public sale is attracting extra traders, elevating hundreds of thousands of {dollars} within the course of. The staff has bought practically 1 billion $IDGN tokens, elevating $5 million in the previous few weeks. 

iDEGEN makes use of the pre-market public sale methodology to assist entice extra traders. Utilizing the pre-market public sale methodology, the value adjusts each 5 minutes based mostly on market exercise. 

In line with the staff, the value will stay regular for the following interval if an investor purchases $IDGN tokens inside 5 minutes. Nonetheless, if purchases happen consecutively, the value will rise by 5%. Lastly, if nobody buys the tokens inside 5 minutes, the value will drop by 5%.

The iDEGEN pre-market public sale will finish on January 1, 2025, and the $IDGN token will then be listed on crypto exchanges. 

Must you purchase the $IDGN tokens now?

Bitcoin has simply hit a brand new all-time excessive, and curiosity in cryptocurrencies is at present rising. iDEGEN will launch on the primary day of 2025 and may very well be one of many best-performing tasks of the yr. 

The venture’s enormous potential means it may very well be a smart move to put money into iDEGEN throughout its presale. iDEGEN is an attention-grabbing venture that mixes AI and meme cash. It might change into one of many main meme coin tasks on the Solana blockchain. 

For transparency, the iDEGEN web site has a dwell pre-market itemizing value, permitting traders to trace the token’s progress precisely earlier than its launch on buying and selling platforms.

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Bond markets led equity markets lower last week, with Nasdaq as an exception. Google and Broadcom kept the promise of above-average AI and tech return alive. This week, the focus is on the Fed’s last interest rate decision of the year, a series of macro data, and higher oil and cocoa prices.

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