As major altcoins outperform Bitcoin, Ether reaches $3,500
Key receivers
Ether has gained more than 3% in value over the past 24 hours, approaching the $3,500 mark.
iDEGEN's pre-market auction has officially surpassed $8 million after selling nearly 1.1 billion tokens.
Altcoins show signs of recovery as Ether eyes $3,500
Ether, the second-largest by market cap, is up 3 percent in the past 24 hours. The positive performance allowed it to hit the $3,400 mark after underperforming over the weekend. At press time, The price of Ether It stands at $3,407 per penny.
The rally comes as Bitcoin continues to underperform. BTC is down 1% and is still trading below $95k per coin. Other major altcoins, including BNB, XRP, Chainlink, Hedera (HBAR) and SUI, are showing strong signs of recovery following the recent market crash.
What is alien?
While Bitcoin is currently slowing down, altcoins are showing strong signs of recovery. As many predict the start of the altcoin era, it may cause many investors to shift their focus to altcoins.
iDEGEN may be one of the best performing altcoins due to the integration of AI and memecoin ecosystems. Foreign It's a meme project that uses the benefits of AI to create the next billion dollar memecoin.
It's a tool designed to learn, develop and adapt using Community Feeds on X. Although iDEGEN is powered by AI, the degens will eventually pick up the device.
Memecoins have seen massive adoption in recent years and have become a $45 billion ecosystem. With its growing importance in the crypto space, meme coins may rise in the upcoming altcoin season.
iDEGEN is launching as a memecoin to capitalize on the growth of this ecosystem. The iDEGEN tool has a simple operating system. Users feed the tool their data through tweets, tags and comments. It adds to the knowledge base by absorbing the post; That's how he learns. Additionally, the tool posts to X every 60 minutes and can generate and post memes.
Read more about the project here.
The pre-sale of iDEGEN exceeded 8.5 million dollars
of Foreign The pre-market auction continues to attract more funds as more investors open their wallets. In the past few weeks, the project has raised $8.59 million and is selling around $1.1 billion worth of IDGN tokens.
The group adopted a pre-market auction method to enable early investors to score well. Using this method, the price adjusts every five minutes based on market activity.
They explained that if an investor buys $IDGN tokens within five minutes, the price will remain stable for the next period. However, if purchases occur in a row, the price will increase by 5%. Finally, if no one buys tokens within five minutes, the price will decrease by 5%.
The pre-market auction ends on January 1, 2025. After that, the token will be listed on crypto exchanges.
Is it too late to invest in the iDEGEN project?
of Foreign The pre-market auction ends in a few days. More than $8.5 million has been raised so far. Additionally, the $IDGN token has increased in value by more than 500% in recent weeks and could go even higher once it launches on exchanges.
iDEGEN in 2010 It will launch on the first day of 2025 and could be one of the best performing projects of the year. Thanks to the combination of AI and memecoin, the project can offer good returns to early investors.
As a blockchain project, iDEGEN prioritizes transparency. For this reason, the iDEGEN website has a live pre-market listing price, allowing investors to track the progress of the token right before it is launched on trading platforms.
