The AI meme coin sector has witnessed significant growth, with market caps exceeding $3.6 billion in just a couple of recent months. While established projects like ai16z have gained attention with their $500 million valuation and others, such as Fartcoin, continue to perform well, a new challenger is beginning to make its mark.
iDEGEN, an innovative entrant with a unique approach to AI development, has raised $3.6 million during its presale in just a few weeks. The project is introducing a distinctive model to the AI agent space—one that is attracting curiosity and engagement.
iDEGEN: A fresh perspective on AI development
The ai16z project brought innovation with its Eliza framework, enabling users to deploy autonomous agents on social platforms. iDEGEN, however, takes a different approach, focusing on community involvement. The project allows the crypto community to influence and shape the AI’s development from the ground up.
The AI learns entirely from community interactions, with no preloaded data or restrictions. Every hour, iDEGEN posts updates reflecting what it has absorbed from its "teachers" on Crypto Twitter (CT). The result is a unique and evolving AI agent shaped by its user base—a concept that has generated significant interest within the crypto space.
The numbers behind iDEGEN
Since launching on November 26th, iDEGEN has raised $3.6 million through an adaptive auction pre-sale model. This dynamic pricing system adjusts the token price based on demand, increasing by 5% during high activity and decreasing by 5% when demand slows. This mechanism has resulted in a 1,982% price increase for early participants.
What sets iDEGEN apart is its community-driven development process. Unlike ai16z, which focuses on building AI tools, iDEGEN emphasizes real-time learning and evolution, driven entirely by community contributions.
Entering a thriving sector
The AI meme coin niche is proving to be one of the most active areas within the crypto market. Projects like GOAT, which recently reached a $1.3 billion market cap, and ai16z, valued at $500 million, highlight the potential of this sector. iDEGEN, with its novel approach, is positioning itself to offer an alternative perspective on how AI can evolve through community interaction.
Looking ahead to January
The iDEGEN presale is currently the only way to acquire IDGN tokens before their official exchange listing on January 1st. The listing price will include a 10% premium over the final auction price, which has contributed to the growing anticipation around the project.
As AI technology continues to integrate into the crypto world, iDEGEN’s approach highlights the potential for community-driven innovation. Whether it can rival projects like ai16z remains to be seen, but its unique model ensures it will be closely watched as the space evolves.
For more details, visit the iDEGEN website.