Key takeout
Later today, the US Soft Inflation Report managed to outperform the Bitcoin Rally at $97,000.
Idegen’s Presale surpasses the list on February 27th by $21 million.
Bitcoin trades more than $96,000 in trades than CPI
The cryptocurrency market has been bearish this week again, with BTC falling below $94,000 on Tuesday. However, it is trading above $96,000 per coin, and could rise on CPI News later today.
Analysts hope that the US CPI report in January will show limited developments in inflation. An increase of 0.3% over the month of January and slowing from the 0.4% rise in December is expected to indicate a 0.3% increase in cost of living.
This is positive news for risk-based assets such as Bitcoin. BTC prices could skyrocket above the $97,000 mark in the coming hours.
What is IDEGEN?
The cryptocurrency market is bearish this week, but investors continue to push even more money into new projects. IDEGEN It’s a promising project that has raised millions of dollars from investors.
This is a meme project that will leverage the benefits of AI to create the next billion dollar memo coins. The project raised over $20 million at Presere and allocated money to launch several products and services.
According to the white paper, IDEGEN is primarily an AI tool that works that way. By leveraging community feeds with X, we continue to evolve and adapt. IDEGEN is equipped with AI, but ultimately it will raise the tools.
Its native token, $IDGN, enhances a variety of activities within the ecosystem. Although launched as Memecoin, Idegen offers a variety of utilities for the community and the wider crypto space.
The launch as Memecoin comes from the recent growth of meme stories in the crypto space. Last year, the MemeCoin ecosystem grew from its $20 billion market capitalization to $120 billion, growing 500% within 12 months.
The $IDGN launch of the exchange occurs in about 2 weeks. Once published, it becomes one of the most performant coins in the broader crypto market.
IDEGEN users provide data to the tool through tweets, tags and comments. The IDEGEN tool absorbs posts and adds them to its knowledge base. That’s how it’s how you learn. Additionally, IDEGEN can post to X every 60 minutes to generate and post memes.
Idegen’s Presale reaches $220 million
Despite current market conditions, the IDEGEN project continues to achieve new milestones. Presale now officially surpasses $21 million from early investors.
At the current stage, the $IDGN token is worth $0.0236, and its price will rise to $0.0259 in the next stage. The final pre-sale stage is worth $0.038, giving early investors a massive ROI before the token is launched on the exchange.
Once the pre-sale is over, Idegen’s Native tokens are listed on centralized and decentralized trading platforms.
Is it ideal to invest in Idegen before your exchange list?
Idegen Presale is still in progress, but will be finished in 14th. Once the $IDGN token is listed on a cryptocurrency exchange, it could become one of the biggest performers on the market.
Its unique value proposition makes it an interesting memo coin. IDEGEN The tool offers great use cases and can potentially gain large adoption within the crypto ecosystem. Early investors have a chance to win a great ROI once $IDGN is published.