iDEGEN’s unorthodox approach to AI, which relies solely on community inputted data, continues to generate significant interest with its presale raise surpassing the $10.5M raised mark in just 5 weeks.
Since launching on the 26th November last year, this unique AI has gained a significant attention on X (aka Twitter), rapidly becoming viral by showcasing a unique blend of AI, crypto-degen humour and embodying the cultural phenomenon that has driven many of the best AI memecoins into the public sphere over the last quarter—autonomous agents.
A major driver for its growing popularity has been the introduction of iDEGEN V2, the latest iteration of its AI. V2 allows users to interact directly with the AI either on its Telegram channel or by empowering its followers to command it to interact with any Twitter handle of their choosing, further fuelling its viral appeal through a series of amusing and engaging tweets that seem to be the secret sauce behind its popularity.
What makes iDEGEN truly noteworthy is its evolution: starting with no knowledge base, the AI has progressively adopted the humourous tone that characterizes its community, and this resonance with the crypto community has been reflected in the market.
Building on the AI memecoin trend
AI memecoins have emerged as some of the biggest winners of the current cycle, benefiting from the mainstream meme culture that some argue Murad kicked off in his presentation at Token2049 in Singapore last year.
iDEGEN’s trajectory seems intentional and the team’s marketing efforts position it as a standout project that seamlessly combines crypto memes with innovative technology.
The hype has been further compounded after endorsement from leading influencers, including @MrX_Crypto, @KateMillerGems and @cryptogems555 who collectively reach over 2M subscribers.
January’s public listings could be the driver to expand its visibility and attract additional interest from the wider retail market. Compounded with the release of its roadmap, which suggests there will be an AI video release imminently, the team will be hoping for exponential growth as it opens up on new, viral platforms like TikTok and Twitch in the near future.
Price drivers for iDEGEN (IDGN)
Speculation around iDEGEN’s potential continues to grow, attracting increasing attention and participation in its presale.
Currently, its AI account has 14.7K daily followers, whilst the 7.5K strong community on Telegram actively participates in discussions, shares humor, and welcomes new members to the growing movement that’s captivated so much interest so far.
Although utility-focused projects like Bittensor ($3.4B market cap) and Near Protocol ($6B market cap) dominate in valuation, the rapid rise of AI memecoins in the last quarter highlights growth potential. For instance, Goatseus Maximus, a leading AI memecoin, is trading at a market cap of over $443M with daily trading volumes surpassing $134M. It’s projects like these that pave the way for newer entrants like iDEGEN to establish its strong presence in the market in 2025.
Additionally, its unique blend of degen humour and viral marketing has the potential to attract the broader range of retail investors similar projects have benefitted from. With the presale building momentum as the project gears up for public listings, IDGN’s token is one to watch.
All eyes will be on the developers this month focusing on new features, such as AI-generated videos, which could broaden its appeal and attract an entirely new audience.
Check out the iDEGEN website for more information.