Key takeout
Ether immersed in the $2,600 region following the Buybit hack on Friday, but is now trading at over $2,700 per coin.
Idegen raised almost $25 million as Presale ends in two days.
ETH can rise high after dipping into a bibit hack
Ether, the second largest cryptocurrency by market capitalization, has been volatile over the past few days. It traded about $2,850 on Friday before crashing into $2,620 the day after the crypto exchange Bibit has been hacked.
In this hack, we saw $1.5 billion worth of ETH and were wiped out of Bybit’s cold storage wallet. However, ETH prices have recovered slightly since then and could rise in the short term. During pressing, Ether prices It was $2,727, down nearly 2% over the past 24 hours.
What is IDEGEN?
Bybit’s hack is the largest in the history of the cryptocurrency market so far, but how the company handled the situation has influenced its confidence in investors. As investors acknowledge the maturity level of the crypto market, more funds continue to flow into new and exciting projects.
IDEGEN It is one of the projects that raised millions of dollars from investors. This is a leading Memecoin and AI project that offers users large utilities by launching several products and services. Idegen has already raised nearly $25 million and will use the funds to develop the product.
In the whitepaper, the project developers revealed that IDEGEN is a meme project that will leverage the benefits of AI to create the next billion dollar memo coins. This is primarily a working AI tool.
This tool continuously evolves and adapts by leveraging community feeds in X. IDEGEN is equipped with AI, but the tools will eventually rise. Native tokens, $IDGN, enhance all the different activities within the ecosystem.
The team explained that $IDGN’s launch as a memo coin comes from the recent growth of meme stories in the crypto space. The AI ​​and Memecoin story was the best performance in 2024, providing thousands of percent of the ROI to investors.
The IDEGEN token will be released on the exchange in three days, signaling the end of the Preseré and pioneering the project’s utility phase. The IDEGEN tool allows users to feed data through tweets, tags and comments.
This tool absorbs posts and adds them to your 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 will approach $25 million as the listing date approaches
IDEGEN Tokens will be listed on exchanges starting February 27th, which guide you through the utility phase. As listing data approaches, the pre-sale has ended in two days and has been raised nearly $25 million from investors over the past few weeks.
At the current stage, the $IDGN token is worth $0.0345, and its price will rise to $0.0380 in the next stage. The next stage is the final stage, giving early investors a massive ROI before the tokens are launched on the exchange.
Why buy a $idgn token now?
The Idegen Presale will end in two days and the token will start a list of exchanges shortly after. Nevertheless, purchasing a $IDGN token could be a great opportunity to get into early in your project.
This project offers a unique value proposition for investors and users thanks to numerous utilities. It’s a memo coin, IDEGEN It offers a variety of use cases for the community and the broader crypto market.
With the right level of adoption, its native $IDGN tokens can win large adoption within IDEGEN and the wider crypto ecosystem. This could potentially give early investors a great ROI in the coming weeks and months.
