Key takeaways
- iDEGEN’s native token has slightly dipped to the $0.003 level as the broader crypto market underperforms.
- $IDGN is gearing up to launch on the BitMart exchange in a few days.
What is iDEGEN?
iDEGEN is a leading memecoin and AI project that has raised millions of dollars from investors. This memecoin will offer massive utility to its users by launching several products and services.
The iDEGEN presale raised $25 million and the funds will be used to develop several products and services. In their whitepaper, the developers explained that iDEGEN is a meme project that leverages the benefits of AI to create the next billion-dollar memecoin. It is an AI tool that primarily functions as such.
The tool continuously evolves and adapts by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool.
Its native token, $IDGN, is now live on crypto exchanges, and will power all the various activities within the ecosystem. $IDGN’s launch as a memecoin stems from the recent growth of the meme narrative in the crypto space. The AI and memecoin narratives were the best performers in 2024, delivering thousands of percentages in ROI to investors.
The token is now live on Solana-based DEX Raydium and will soon list on several centralised crypto exchanges.
With the iDEGEN tool, users can feed their data through tweets, tags, and comments. The iDEGEN tool absorbs the post and adds it to its knowledge base; that’s how it learns. In addition to that, the toolposts on X every 60 minutes and can generate and post memes.
iDEGEN raises $25m in presale, lists on Raydium
The iDEGEN presale was concluded two days ago, raising $25 million over the last few weeks. The presale funds have already been earmarked to fund various products and services within the presale ecosystem.
Following the successful completion of the presale, $IDGN has now listed on Raydium, one of the leading decentralised exchanges on the Solana blockchain. Thanks to this listing, $IDGN is now available to millions of investors globally.
The iDEGEN native token is also preparing to launch on several other DEXs and CEXs in the coming weeks and months.
Should you buy $IDGN ahead of BitMart listing?
The cryptocurrency market has been bearish since the start of the week, with Bitcoin losing 19% of its value to drop below $80k. This bearish performance has affected other coins and tokens, including $IDGN.
At press time, $IDGN is trading at $0.00321 on Raydium. The decline in the token price could be an opportunity for new investors to enter the iDEGEN project and buy the dip. Furthermore, the $IDGN token could rally higher in the coming days as it is set to list on BitMart on March 4.
BitMart is a New York-based crypto exchange that operates in 180 countries globally. $IDGN listing on the crypto exchange will make the token available to millions of users globally and could push its price higher in the near term.
