Crypto Price Predictions: HBAR, iDEGEN, Bitcoin
Bitcoin price remains stable amid US selloff
BTC/USD has been trading consistently above $90,000 for two weeks; It missed the all-important $100,000 mark on November 22nd by less than $5. Even with region-bound marketing, the bullish trend continues. In fact, according to CoinMarketCap, greed continues to define the crypto market. This week, the index is at an extremely greedy 80, compared to last month's neutral 55.
Even with the bullish trend, investors appear somewhat cautious. Bitcoin is down more than 2 percent since the start of the weekend.
As reported on Sosovalu, BTC ETFs have had $353 million in daily inflows since December 2nd. Of this number, BlackRock contributed $338 million, with Grayscale and VanEck recording $28 million and $10 million respectively.
The U.S. government's move to move $1.92 billion worth of bitcoins to a new address has heightened caution. While its purpose is unclear, there is speculation that it could be sold. In recent times, countries like Bhutan and Germany have made significant sales of their BTC holdings.
iDEGEN: Viral AI test made more than 100,000% profit before launch
In recent years, cat and dog themed meme coins have redefined the crypto space. While still an important part of the market, there is a new and widely talked about niche. AI meme coins.
It is at the center of this buzz. ForeignAn advanced AI agent born on X and designed by the crypto community. The hype is so strong that the auction has raised over $1 million and generated over 100800% profit for early adopters. Interestingly, it is still in the experimental stage.
Contrary to the usual pre-sale, iDEGEN has chosen a different way; Flexible bidding. To begin with, the total number of IDGN tokens is 11,111,111,111, the auction is divided into 5 minute intervals. This means that every time there are consecutive purchases within 5 minutes, the price will increase by 5%. If no bid is placed within two 5 minute periods, the price will be reduced by 5%.
At the end of the auction, the starting price of IDGN will be 10% higher than the final price at the auction. At that time, all unsold tokens will be destroyed.
In addition to this pricing-based excitement, the freedom further contributed to iDEGEN going viral. Unlike centralized companies like OpenAI, iDEGEN has no security lines. In fact, the only enforceable rule for this AI agent is to post on Crypto Twitter (CT) every 60 minutes. Between one post and the next, it embeds information obtained by crypto degens.
This is what savvy investors are banking on. Securing some IDGN tokens before the value increases. Various groups in the CT space strive to control this AI agent. This push and pull is bound to prove viral as the investors are the end users.
In addition, the open-ended nature of the program means that it can be developed in many different ways. This includes trading existing assets or creating your own. With this endless potential, the market's focus is set to stay on iDEGEN for a long time. You can buy it iDEGEN simulator.
HBAR moves to a 35-month high in the middle of FOMO.
Hedera Hashgraph (HBAR) has been trading in the green for five consecutive weeks, hitting a high last seen on December 3rd, 2022. During those five weeks, the crypto increased more than 700%.
At the time of writing, the market value was $12.49 billion, up 17 percent. In addition, the transaction volume increased by 61% in 24 hours at 7.55 billion dollars.
The hype around this token is that many traders are afraid of missing out on a profitable opportunity. As a result, more and more investors are accumulating HBAR tokens. In fact