The iDEGEN list countdown starts when XRP, Solana’s bullish trend stops.
The world is full of excitement for the new year and crypto investors have more than one reason to be excited. In addition to the highly anticipated Bitcoin-Mer bull run, meme coin fans are in high demand iDEGEN's List is intended for January 1, 2025.
The success of this one-of-a-kind social experiment depends on its ability to harness the power of community and AI. As a result, before this project reaches the public shelves, there are plenty of investors who want to participate. Of course, the over $11 million raised in five weeks says it all.
Ripple's price chart points to a sustained bullish trend
XRP/USD has had an amazing year; A rally of nearly 240% year to date. Among the contributing factors was the general bullishness that saw Bitcoin rise above $100,000 for the first time. Beyond that, easing pressure from the SEC case and the upcoming pro-crypto US administration has fueled price gains in recent months.
However, the price of XRP has lost momentum; Trading in the red for four consecutive weeks. After briefly rising above $2.5000 since December 17th, it is down about 23% to trade at $2.0912 at the time of writing.
Even with the reduction, the fundamentals remain intact. Investors are hoping for a crypto-friendly environment under Donald comes down; An aspect that will further fuel the highly anticipated 2025 bull run. Additionally, Ripple's growing adoption for cross-border payments is set to boost its value in the coming months.
A look at the daily chart shows that it has fallen below the short-term 20-day EMA but is holding above the medium-term 50-day EMA. Therefore, staying above the $2.0000 critical support zone will be range bound in the short term.
Meme coin fans started counting to the iDEGEN list
It's been 5 weeks since iDEGEN launched; A unique social experiment that demonstrated the limitless potential of the alliance between artificial intelligence and social media. Over $1 billion of IDGN tokens have been sold during this period; Raising more than 11 million dollars. Before the planned listing for January 1, 2025, investors have
Unlike most meme coins whose presale is largely managed by their creator, iDEGEN is operating on the principle of “for the community, by the community”. To begin with, the project began on a blank slate with no censorship, restrictions, or prior knowledge. It's the crypto dignitaries on X who have been hoarding information in the form of Twitter and hashtags. This knowledge is what the AI agent uses to generate a tweet after 60 minutes.
The result of this model is increased online engagement with many investors coming on board for fear of missing out. As part of meme coin culture, project virality is critical to its success.
In addition, iDEGEN is designed in a way that allows owners to get the value they ask for, as opposed to the random image generated by its creators. With the dynamic pricing model, the price of the $IDGN token changes every 5 minutes according to demand.
If there is no purchase within 5 minutes, the price will be reduced by 5%. Similarly, purchases in two consecutive intervals will result in a 5% price increase. After listing, the price will be 10% higher than at the end of the auction.
In particular, this unique approach has attracted many discerning investors. iDEGEN is not just a viral AI meme coin, it is a valuable investment opportunity for crypto whales and everyday investors. In addition, the pricing model minimizes the chances of dumping, as is often the case when a meme coin lands on a public shelf. You can buy it Foreign currency exchange.
The cross-sectional pattern of death suggests Solana's regional trade
Solana, the 6th leading cryptocurrency by market capitalization, has already faced resistance at the $200 support zone two weeks ago after falling below this level. Looking at the daily chart, the short-term 20-day EMA has crossed the medium-term 50-day EMA downwards, revealing a death cross pattern.
In the near-term, SOL/USD may find support at $185.12 and resistance at the 50-day EMA at $204.90. A further retracement could be attempted at $210.68, above which the bullish momentum will return to the right line.