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XRP hits $1.9 as iDEGEN’s presale surpasses 350 million tokens

by Catatonic Times
December 4, 2024
in Analysis
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Key takeaways

XRP is up 21% within the final 24 hours, surpassing BNB to grow to be the fifth-largest cryptocurrency by market cap.
iDEGEN has bought over 350 million tokens in its presale, elevating over $1.2 million.

XRP surges by 21% to hit $1.90

XRP, Ripple’s native coin, is the most effective performer amongst the highest 10 cryptocurrencies by market cap within the final seven days. The coin added 22% to its worth throughout that interval and has now hit the $1.90 mark.

Because of its newest rally, XRP has now surpassed BNB to grow to be the fifth-largest cryptocurrency by market cap. If the market circumstances stay bullish, XRP may hit the $2 psychological mark quickly. Nonetheless, XRP continues to be down 50% from the all-time excessive of $3.84 it achieved seven years in the past.

What’s iDEGEN?

We’re within the age of AI, and the crypto trade will not be exempted from this revolution. Whereas AI initiatives within the crypto house largely give attention to different utilities, iDEGEN focuses on one other rising necessary sector: memecoins.

iDEGEN is a sentient degenerate AI memelord. In accordance with the event group, iDEGEN learns, evolves, and adapts primarily based on what the group feeds it on X. Principally, the instrument is powered by AI, raised by degens.

Its entry into the memecoin ecosystem isn’t any shock due to the fast-growing nature of this ecosystem. Meme cash have a mixed market cap of over $45 bllion and are anticipated to develop bigger within the coming months and years. 

Not like conventional AI fashions, iDEGEN evolves via interactions on X. Customers feed the instrument their information via tweets, tags, and feedback. iDEGEN absorbs that submit and provides it to its information base; that’s the way it learns.

The instrument posts on X each 60 minutes and may generate and submit memes. All the pieces iDEGEN posts is pushed by its AI and what it learns from its group, with no human intervention.

A key side of iDEGEN is its community-driven strategy. Memecoins are community-driven, and iDEGEN is leveraging these traits to grow to be a number one AI-focused meme mission within the crypto house. 

iDEGEN’s presale surpasses 350 million tokens

iDEGEN is at present in its presale because it sells its native token, $IDGN, to lift funds to finance its services. To this point, iDEGEN has bought over 357 million $IDGN tokens, elevating $1.2 million within the course of.

The mission has adopted an unconventional technique of token gross sales. In accordance with the event group, iDEGEN’s presale worth adjusts each 5 minutes primarily based on market exercise.

If an investor purchases $IDGN tokens inside 5 minutes, the value stays regular for the following interval. Nonetheless, if purchases happen consecutively, $IDGN’s worth rises by 5%. Lastly, if nobody buys the tokens inside 5 minutes, the value drops by 5%.

iDEGEN intends to proceed the presale till January 1, 2025, earlier than the token lists on crypto exchanges. 

Do you have to purchase $IDGN tokens?

iDEGEN may very well be an fascinating mission within the crypto house due to its mixture of AI and meme cash. AI tokens are fashionable, and $IDGN is becoming a member of this league. Moreover, iDEGEN shall be contributing to the expansion of the broader meme coin ecosystem.

$IDGN has a dwell pre-market itemizing worth on its web site, permitting traders to precisely monitor the token’s progress forward of its launch on buying and selling platforms. With a novel and fascinating presale construction, this may very well be the most effective time to snap up $IDGN tokens earlier than they record on main cryptocurrency exchanges.

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