The crypto market has declined 3.6% over the past 24 hours, with a total market capitalization of $3.3 trillion. Top ALTs, including Ethereum, XRP and Solana, show strength among minor dips.
Resilience is even more bullish for investors, given that the industry has just witnessed $1.4 billion stolen from Bybit, the biggest hack in cryptocurrency history.
When traders monitor the situation, some of the attention is in IDEGEN (IDGN). The AI Agent Token has attracted the well-known $24 million pre-sale so far. But what makes it trend?
According to the Idegen Presale page, the project is listed on the exchange on February 27, 2025.
After a $1.4 billion hack, industry praises Bybit’s response
On February 21, Bybit confirmed that it was suffering from the biggest hack in the history of code. A few hours later, Crypto investigator Zachxbt returned details of who the hacker was.
Blockchain detectives say the over $1.4 billion 401K ETH stolen from Bybit was linked to the Lazarus Group. The North-backed hacker group is reportedly behind many such as Phemex Hack.
However, the $1.4 billion hack stands out at its biggest, with robbers making up 16% of all reported hacks. That’s scary. However, despite the initial panic and gusts of spill from Bibit, the exchange has received praise for how it handled the aftermath of the attack.
Bibit processed withdrawals
With Bibit CEO Ben Zhou personally responsible for the updates, it appears that Bybit manages the situation better than many previous hacks in preparation for official communications.
The exchange was also a solvent and could handle customer withdrawals, and the assets assisted 1:1.
And what’s important is that industry players and rival exchanges are all ready to support. In the update, BYBIT CEO said support via bridge loans helped raise the exchange amount, which is equivalent to 80% of the hacked funds. Bitget also sent over $105 million in 40,000 ETH as part of its support.
Investors are bullish as BYBIT is trying to navigate the case. The forecast is that 2025 is still a bull market and could be massive in the coming months.
IDEGEN raises $24 million from the February 27 exchange list
IDEGEN with Native Token IDGN is an artificial intelligence-equipped project in the trending AI agent market. Token Meme Coin Culture is a segment that has gained momentum following the rise of crypto and AI integration.
Currently, IDEGEN is just five days before IDEGEN debuts on the market.
5 days. That’s all that remains before $idgn officially enters the wild.
The question is whether you are holding it or are you jeating yourself out of financial freedom.
Choose wisely.
$ idgn➡️https://t.co/zkggujqevm pic.twitter.com/nlupdvwuhf
– Idegen Updates (@idegen_updates) February 22, 2025
Projects where Virtuals Protocol and AI16Z invade within market interests will increase investors’ appetite for rivals who use unique models. This is because IDEGEN took a blank slate AI agent and handed it over to the degree. There are no guardrails or other restrictions. AI agents and unfiltered input – first with X, then with Telegram and Tiktok.
The result was more than $24 million raised to take solid steps to control the agent token space. IDEGEN will end its pre-sale on February 26th. 24 hours later, the IDGN token will be exchanged for the first time on February 27th.
In particular, Idegen has announced an upcoming list of Crypto Exchange Bitmart. This is one of the top CEX platforms in the market and lists IDGN on March 4, 2025.
Currently, the Idegen Presale Price is $0.0345. In the final stage, this jump is $0.038. When listing momentum combines potential bullish catalysts across the crypto, the value of the token can explode.
For more information, please visit the project’s official website.