Dogecoin and Ripple investors turn to iDEGEN a momentum grows
As AI takes over the crypto space, one project stands out; iDEGEN. Just three weeks into its presale, it’s price has rallied by close to 90,000%. Besides, the crypto-friendly environment that President Trump is cultivating is set to bolster the new entrant as well as other established cryptos. In fact, it is one of the aspects that has boosted XRP and Dogecoin’s price in recent weeks.
Ripple’s bull run has just begun
Ripple price traded in the red in the just concluded week after five consecutive weekly gains. Even with the pullback, its gains year to date are at around 380%, having rallied to a 7-year high earlier in December.
In addition to the bullish sentiment that has bolstered the broader crypto market post Trump’s win, the altcoin has become more attractive to investors as its final settlement with SEC looms. Besides, the incumbent US president, Donald Trump, has promised to ease crypto regulations.
The actualization of these assertions will be beneficial to XRP, which has suffered longstanding legal struggles from regulatory authorities. In fact, as part of his support for the sector, Trump recently appointed Paul Atkins, a supporter of cryptocurrencies, to head SEC. With this favorable environment, bulls are eyeing $3 in the near term.
iDEGEN: The Experiment Competing with Major Cryptos
The cryptocurrency era started with Bitcoin leading the pack and investors seeking opportunities in major altcoins. Over the years, the crypto market has evolved; incorporating many projects and allowing investors with limited means to get a piece of the proverbial pie.
This evolution has birthed AI meme coins. Like other meme coins, AI meme coins thrive in the power of social media and its ability to make a project go viral. Additionally, they leverage artificial intelligence and the concept of it being the future. As a result, AI meme coins’ market cap has soared in recent months to $6.95 billion, as indicated on CoinGecko.
Among the AI meme coins taking over the cryptocurrency space is iDEGEN. In less than a month since its launch, the project has already raised over $5 million with over 1 billion $IDGN tokens sold.
Its success lies in its unique approach to building a community and yielding FOMO among potential investors. To begin with, iDEGEN is raised by crypto degens, learning and absorbing every piece of data fed to it on Crypto Twitter (CT) in the form of a tweet, comment, or tag. This approach has birthed massive engagement on X that savvy investors know better than to ignore.
Additionally, iDEGEN’s pricing model points to lesser dumps once the token hits public shelves on 1st January 2025. Ordinarily, meme coins start off with low prices that raise as they gain popularity during the presale period. Once they are listed on crypto exchanges, a significant number of investors liquidate their token holdings to make easy profits.
With iDEGEN, the price depends on its demand, which promotes fair pricing before its ICO less than a month from now. If a purchase is made within a span of 5 minutes, $IDGN’s price remains unchanged. However, a buy during the next window period of 5 minutes yields a price increase of 5%. On the other hand, absence of a purchase within the subsequent 5 minutes causes the price to drop by 10%.
Notably, this fair pricing model has further contributed to the AI meme coin’s popularity. It is especially attractive to crypto investors looking for profitable opportunities that won’t cost them an arm and a leg. As at the time of writing, $IDGN was at $0.0990; up by 89,878%. You can buy the iDEGEN token here.
Dogecoin’s stellar year set to continue in 2025
Dogecoin recorded its first weekly loss in the just concluded week after trading in the green for eight consecutive weeks. On a broader scale, the top meme coin has had a stellar year with its price surging by over 350% year to date.
The project that started as a joke is now valued at close to $60 billion. Notably, the main principle that shaped its birth in 2013 – aggressive community support- is set to bolster its growth into 2025 and beyond.
More specifically, Dogecoin has become synonymous with top billionaire Elon Musk. Indeed, Musk tweets on the crypto have led to its price skyrocketing on multiple occasions.
Interestingly, the tech entrepreneur is now set to co-chair the Department of Government Efficiency (DOGE), an advisory team recently created by President Trump. While there is no direct correlation between the two entities, the interesting similarity in names and indirect link in the form of Musk is set to boost Dogecoin price.
Besides, increased adoption of Dogecoin for payments is expected to sustain the meme coin’s aggressive growth in 2025. Among other merchants, investors will be keen to see if Xintegrates the crypto as a mode of payment.
