Important points
Ether’s value has increased by more than 3% in the past 24 hours and is approaching the $3,500 level.
iDEGEN’s pre-market auction officially surpassed $8 million with nearly 1.1 billion tokens sold.
Ether eyes $3,500 as altcoins show signs of recovery
Ether, the second-largest cryptocurrency by market capitalization, rose 3% in the past 24 hours. The strong performance allowed it to reach the $3,400 mark after a poor performance over the weekend. At press time, ether price That’s $3,407 per coin.
This rally comes as Bitcoin continues to underperform. BTC fell by 1% and is still trading below $95,000 per coin. Other major altcoins such as BNB, XRP, Chainlink, Hedera (HBAR), and SUI are showing strong signs of recovery following the recent market downturn.
What is Idegen?
Bitcoin is currently in a lull, and altcoins are showing signs of a strong recovery. With many predicting the start of altcoin season, this could cause more investors to shift their attention to altcoins.
iDEGEN has the potential to become one of the best-performing altcoins thanks to its integration of AI and memecoin ecosystem. Idegen is a meme project that leverages the benefits of AI to create the next billion dollar meme coin.
It’s a tool designed to leverage X’s community feeds to learn, evolve, and adapt. iDEGEN uses AI, but degens ultimately develops tools.
Meme coins have gained massive popularity in recent years, becoming a $45 billion ecosystem. Given the growing importance of meme coins in the crypto space, it is possible that meme coins will rise even higher in the upcoming altcoin season.
iDEGEN will be launched as a meme coin to capitalize on the growth of this ecosystem. The working mechanism of the iDEGEN tool is simple. Users feed data into the tool through tweets, tags, and comments. Absorb posts and add to your knowledge base. That’s how you learn. Additionally, the tool posts to X every 60 minutes and allows you to generate and post memes.
Learn more about the project here.
iDEGEN pre-order sales exceed $8.5 million
of Idegen Pre-market auctions continue to attract more money as more investors open their wallets. In the past few weeks, the project has raised $8.59 million and sold approximately $1.1 billion of IDGN tokens.
The team adopted a pre-market auction method to enable early investors to record superior returns. Using this method, prices adjust every 5 minutes based on market activity.
They explained that if investors buy $IDGN tokens within 5 minutes, the price will remain stable for the next period. However, the price will increase by 5% for consecutive purchases. Finally, if no one buys the token within 5 minutes, the price will drop by 5%.
Pre-market auction ends January 1, 2025. The tokens will then be listed on cryptocurrency exchanges.
Is it too late to invest in an iDEGEN project?
of Idegen The pre-market auction will end within a few days. More than $8.5 million has been raised so far. Moreover, the value of the $IDGN token has increased over 500% in recent weeks and is likely to soar even higher once it launches on exchanges.
iDEGEN will launch on the first day of 2025 and could be one of the best-performing projects of the year. This project has the potential to bring big profits to early investors thanks to the combination of AI and meme coins.
As a blockchain project, iDEGEN prioritizes transparency. For this reason, the iDEGEN website features pre-market live listing prices, allowing investors to accurately track the progress of the token prior to its launch on trading platforms.
