Bitcoin and Dogecoin in focus as iDEGEN fires on all cylinders
Artificial Intelligence (AI) is shaping the crypto space and savvy investors will want to seize the opportunities it brings. Investor interest in AI-themed meme coins has increased in recent months, as reported on CoinGecko.
Among the AI meme coins on investors' radar iDough; A one-of-a-kind social experiment with wild results. A huge number of early adopters are hoarding $IDGN tokens less than two weeks before it hits the public shelves. The craze is more than a rally led by Bitcoin, it's an evolution based on community and FOMO.
BTC records a steady stream of income despite the broken reserve dreams
After hitting a new record high of $108,577.25 earlier in the week, Bitcoin price was subject to gains for the second consecutive session. At the time of writing the selloff, the top crypto fell below the $100,000 psychological zone to trade at $99,266.51.
On Wednesday, the chairman of the Fed said that the US central bank has no interest in building Bitcoin reserves. Speaking on the matter, Jerome Powell pointed out, “We are not allowed to own bitcoins.” His comment was in response to a reporter's question about whether the US government owns BTC reserves similar to US oil reserves.
Even so, Bitcoin's fundamentals are still strong. In particular, the Bitcoin spot ETF was registered Constant flows Over $37 billion in accumulated net income over the past 15 periods. A consistent income stream reflects heightened investor interest and long-term bullishness.
Before the list, the iDEGEN madness is getting stronger
The crypto space is constantly evolving and iDEGEN is here to push the limits. As an infrastructure project, the appeal lies in the absence of rules, a fair pricing model and the unlimited power given to the community.
As with other meme coins, the success of this experiment largely depends on its virality. Realizing this principle, the creators left the development to Crypto Twitter.
Every 60 minutes, the AI agent posts on X, synchronizing all the chaos thrown up by Digits in the form of tweets, tags and comments. This approach has generated a lot of curiosity and participation; It triggered the sale of more than $1 billion of IDGN tokens in less than a month. Subsequently, the project It has raised more than seven million dollars since its launch on November 26.
iDEGEN's concept of ‘by the community, for the community' is also reinforced by a fair pricing model. Potential investors not only want to be a part of the project, but also want to own a part of it.
Unlike the arbitrary figures provided by most meme coin creators, iDEGEN has ensured that owners get the value they ask for. To do this, the price of the $IDGN token will decrease by 5% if it is not purchased within 5 minutes, and it will increase by 5% if the purchase is made in two consecutive intervals within 5 minutes.
In the year Upon listing on January 1, 2025, unsold tokens will be liquidated at a premium of 10% to the final sale price of $IDGN. At the time of this publication, the token increased by 921% at $0.201. Learn more about Foreign sperm.
Dogecoin price: Elon Musk is again at $1 forecast
Since December 8, Dogecoin's price has fallen by 35% since hitting a 3-year high. The reversal is related to BTC profit taking and easing the crypto fear and greed index. While the index remains on the bullish end, it was at 75 on Thursday, compared with 81 in the previous session and 90 last month.
In addition to the persistent bullishness, the Dogecoin price is receiving support from the appointment of Elon Musk in the newly established Department of Government Efficiency. What's more, the billionaire AI bot Grock AI created the meme coin in 2015. He predicts it could reach $1 by early 2025. In the past, Musk's comments have fueled investor interest and driven Dogecoin's price up.
