{"id":42621,"date":"2024-12-04T06:47:12","date_gmt":"2024-12-04T06:47:12","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/what-does-this-mean-for-idegen\/"},"modified":"2024-12-04T06:47:12","modified_gmt":"2024-12-04T06:47:12","slug":"what-does-this-mean-for-idegen","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/what-does-this-mean-for-idegen\/","title":{"rendered":"What does this mean for iDEGEN?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/solana-sol-token-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/solana-sol-token-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/solana-sol-token-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/04\/solana-sol-token-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<p><span style=\"font-weight: 400\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">On Tuesday, NYSE Arca filed a form on behalf of Grayscale Investments for a spot Solana ETF.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">iDEGEN\u2019s pre-market auction has surpassed the $2 million mark\/<\/span><\/li>\n<\/ul>\n<h2>Grayscale files for a spot Solana ETF<\/h2>\n<p><span style=\"font-weight: 400\">NYSE Arca, the New York Stock Exchange\u2019s exchange-traded product platform, filed a form for a spot Solana ETF on behalf of Grayscale Investments. The exchange filed a 19b-4 form on Tuesday for the Grayscale Solana Trust. This indicates that the firm wants the SEC to approve a rule change.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Several companies, including 21Shares, VanEck, Bitwise Asset Management, and Canary Capital, have filed with the SEC to list Solana ETFs.<\/span><\/p>\n<h2>What is iDEGEN?<\/h2>\n<p><span style=\"font-weight: 400\">The launch of spot Solana ETFs will benefit projects in the Solana ecosystem. One promising project on the blockchain is<\/span><a href=\"https:\/\/idegen.ai\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\"> iDEGEN<\/span><\/a><span style=\"font-weight: 400\">. This project focuses on the bulging AI and memecoin ecosystems.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">iDEGEN is a sentient degenerate AI memelord. According to the development team, iDEGEN learns, evolves, and adapts based on what the community feeds it on X. Basically, the tool is powered by AI, raised by degens.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It will launch as a memecoin thanks to the fast-growing nature of projects in this space. Meme coins have a combined market cap of over $45 billion and are expected to grow larger in the coming months and years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">iDEGEN as a tool evolves via interactions on X. According to the development team, users feed the tool their data through tweets, tags, and comments. iDEGEN absorbs that post and adds it to its knowledge base; that\u2019s how it learns.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, iDEGEN posts on X every 60 minutes and can generate and post memes. The team pointed out that everything iDEGEN posts is driven by its AI and what it learns from its community, with no human intervention.<\/span><\/p>\n<h2>iDEGEN\u2019s pre-market auction hits $2m<\/h2>\n<p><span style=\"font-weight: 400\">iDEGEN is currently undertaking a presale for its native token, $IDGN, to raise funds to finance its products and services. According to its <\/span><a href=\"https:\/\/idegen.ai\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">official website<\/span><\/a><span style=\"font-weight: 400\">, iDEGEN has raised over $2 million roughly a week after commencing the pre-market auction.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the team, the pre-market auction leverages an unconventional method to attract more investors. iDEGEN\u2019s presale price adjusts every five minutes based on market activity. If an investor purchases $IDGN tokens within five minutes, the price remains steady for the next period. However, if purchases occur consecutively, $IDGN\u2019s price rises by 5%. Finally, if no one buys the tokens within five minutes, the price drops by 5%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The pre-market auction will last until January 1, 2025, before the token lists on cryptocurrency exchanges.<\/span><\/p>\n<h2>Should you invest in the iDEGEN project?<\/h2>\n<p><a href=\"https:\/\/idegen.ai\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">iDEGEN<\/span><\/a><span style=\"font-weight: 400\"> is an interesting project that combines AI and meme coins. It could become one of the leading meme coin projects on the Solana blockchain.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the team,$IDGN has a live pre-market listing price on its website, allowing investors to accurately track the token\u2019s progress ahead of its launch on trading platforms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Investing in iDEGEN during its presale could be an excellent opportunity for investors to buy the tokens at a discount before they list on major cryptocurrency exchanges.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/grayscale-files-for-a-solana-etf-what-does-this-mean-for-idegen\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Key takeaways On Tuesday, NYSE Arca filed a form on behalf of Grayscale Investments for a spot Solana ETF. iDEGEN\u2019s pre-market auction has surpassed the $2 million mark\/ Grayscale files for a spot Solana ETF NYSE Arca, the New York Stock [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":42622,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42621"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=42621"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/42621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/42622"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=42621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=42621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=42621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}