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iDEGEN gains momentum: AI memecoin Raises Over $8.4m

From Cointelegraph

iDEGEN gains momentum: AI memecoin Raises Over $8.4m

Holiday season has brought positive news for iDEGEN investors. Just 4 weeks after launching, this AI memecoin has raised an impressive $8.4m, with early investors reporting significant gains.

Investment into the presale accelerated further with the announcement of its V2 AI last week, raising $1 million in a single day.

The team is now celebrating the festive season by running a Christmas bonanza promotion, offering investors 2-for-1 on all IDGN tokens purchased until Boxing Day, effectively a 50% discount.

The project is positioning itself as a notable contender among memecoins for 2025. As its presale draws to a close and we near big exchange listings next year, the team will be aiming to continue the momentum with the release of its AI video tech in the new year, potentially attracting more attention to the project.

What is iDEGEN?

iDEGEN is 'the first-ever AI trained not by academics, but by degens,' which has been instrumental in the viral traction it has gained in the crypto community.

Launching as a complete blank slate, iDEGEN has drawn inspiration from Crypto Twitter's unique dynamics. Early outputs led to hundreds of retweets, posts, and interactions occurring every day, stirring up viral attention - key for growth in this highly competitive supercycle.

And now, having already achieved 1.44 million impressions across X alone, iDEGEN's V2 AI is now active on Telegram on Telegram, a 1-billion-strong platform with a reputation for attracting retail investment in new crypto projects.

The result? iDEGEN has repeatedly been trending on Twitter (X) and was ranked third across the entire US at the end of last week. Marketing is perhaps the single most integral factor for the success of memecoins, and this appears to be a strong asset for iDEGEN.

Why are people investing in IDGN?

Trending on X, viral content, and a rapidly growing community evidence a very strong marketing strategy, enough to draw eyes to the project amongst even this month's headlines around Bitcoin crossing the $100,000 mark. In addition, despite BTC experiencing a pullback, AI memecoins have been one of the few asset classes to continue pumping.

A brief glance at the charts indicates potential for similar low-caps, revealing opportunities the AI meme sector truly offers for new entrants.

Take recently listed projects like Xenopus Iaevis and IQ6900, which have surged 1,000% and 800% in the last few weeks alone. Moreover, big-hitters like ai16z might already have peaked at a 4389% increase on the listing price.

It's evident why iDEGEN is attracting so much interest, coming in at only $0.0021. With this kind of momentum, comparisons to similar projects suggest significant growth potential.

One thing we know for sure, people are on edge of their seats waiting to see what the AI will do next.Check out the

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