Key Highlights
- Ether surpasses $3,500 mark with a 3% value increase in the last 24 hours.
- The iDEGEN pre-market auction raises over $8 million by selling 1.1 billion tokens.
Ether on the Rise Towards $3,500
Ether, the second-largest cryptocurrency, has experienced a 3% surge in value within the past 24 hours, reaching the $3,400 mark after a period of underperformance. Currently, the price of Ether stands at $3,407 per coin.
The recent rally in Ether’s price coincides with a lackluster performance from Bitcoin, which is down 1% and trading below $95k per coin. Other major altcoins like BNB, XRP, Chainlink, Hedera (HBAR), and SUI are also showing signs of recovery following a recent market slump.
Understanding iDEGEN
Amidst a market where altcoins are showcasing strong recovery trends, iDEGEN emerges as a potential standout performer due to its integration of AI and memecoin ecosystems. iDEGEN, a meme project, aims to create a billion-dollar memecoin by leveraging AI technology. The tool operates by learning, evolving, and adapting through community input on X, where AI powers the platform while degens drive its growth.
With meme coins gaining significant traction in the crypto space, amounting to a $45 billion ecosystem, iDEGEN’s launch as a memecoin aligns with the growing trend. The tool’s operation involves users feeding it data through various online interactions, allowing it to learn and generate memes posted on X every hour.
For more information on the project, visit here.
iDEGEN’s Successful Presale
The ongoing iDEGEN pre-market auction has garnered significant attention from investors, raising $8.59 million by selling 1.1 billion $IDGN tokens. The auction’s unique pricing mechanism adjusts every five minutes based on market activity, offering early investors the potential for substantial gains.
The pre-market auction is set to conclude on January 1, 2025, following which the token will be listed on various crypto exchanges.
Investing in iDEGEN – A Lucrative Opportunity?
As the iDEGEN pre-market auction nears its end with over $8.5 million raised, the $IDGN token has witnessed a value surge of over 500% in recent weeks, hinting at further potential growth post-exchange listing. The project’s launch scheduled for the beginning of 2025 positions it as a promising venture for early investors, given its unique blend of AI and memecoin features.
Transparency being a core principle for iDEGEN, the project’s website offers a live pre-market listing price for investors to monitor the token’s progress accurately before its public listing on trading platforms.
