iDEGEN raises $10m as pre-market auction ends in three days

2024-12-28 12:11

Key takeaways

The iDEGEN team has raised nearly $10 million in its presale. The pre-market auction will end three days before $IDGN is listed on exchanges.  What is iDEGEN?

The cryptocurrency market experienced a boom in 2024, with several new projects hitting the market. New projects that could change how investors view the market in 2025 are emerging. 

iDEGEN is a project that could change how investors view meme coins. The project merges the AI and memecoin ecosystems, ensuring investors take advantage of both. 

iDEGEN is a meme project that leverages the benefits of AI in a bid to create the next billion-dollar memecoin. According to its whitepaper, iDEGEN is a tool designed to learn, evolve, and adapt by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

Memecoins have gained massive adoption in recent years and have become a $45 billion ecosystem. With its growing importance in the crypto space, meme coins could rally higher in the coming altcoin season.

As a memecoin, iDEGEN could be on track to outperform several other cryptocurrencies in the broader market. The iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Find out more about iDEGEN here. 

iDEGEN’s pre-market auction approaches $10 million

The iDEGEN pre-market auction is set to end in three days, and the team is closing in on yet another milestone. The pre-market auction has raised $9.8 million, selling over 1.1 billion $IDGN tokens. 

The pre-market auction method is unique in crypto as it allows early investors to record excellent gains. Despite the broader crypto market’s underperformance, the iDEGEN token has increased 42% in the last seven days. 

Using this method, the price adjusts every five minutes based on market activity. According to the team, the price will remain steady for the next period if an investor purchases $IDGN tokens within five minutes. However, if purchases occur consecutively, the price will rise by 5%. Finally, if no one buys the tokens within five minutes, the price will drop by 5%.

The pre-market auction is slated to end on January 1, 2025. The $IDGN token will then be listed on crypto exchanges. 

Why buy $IDGN now?

The iDEGEN pre-market auction will end in a few days, but investors can still be early birds in this project. With nearly $10 million raised so far, iDEGEN will be gearing up to list on crypto exchanges and roll out its products. 

$IDGN will launch on the first day of 2025 and could be one of the best-performing tokens of the year. The project could deliver excellent gains to early investors thanks to its AI and memecoin combination. 

Investors can easily track key information on the iDEGEN website, including the token’s pre-market listing price. This enables them to accurately track the token’s progress before its launch on trading platforms.

The post iDEGEN raises $10m as pre-market auction ends in three days appeared first on CoinJournal.

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