Amidst a Burgeoning Interest in AI-Driven Tokens, Two Crypto AI Projects, ai16Z and iDEGEN, are Capturing the Spotlight in the Cryptocurrency Ecosystem

Since its launch towards the end of 2024, ai16Z has experienced a rollercoaster ride an all-time high and then falling drastically despite the hype

Cryptocurrency News ai16Z iDEGEN

March 01, 2024 at 11:07 a.m. EST

Amidst a burgeoning interest in artificial intelligence (AI)-driven tokens, two crypto AI projects are capturing the spotlight in the cryptocurrency ecosystem.

ai16Z has been making headlines since its launch towards the end of 2024. Despite the hype around AI agents, the token began its journey with a rollercoaster ride—reaching an all-time high and then falling drastically.

On the other hand, iDEGEN is a relatively newer crypto AI project that is currently in its presale stage. Its approach to memecoins by leveraging AI technology has captured the attention of many crypto enthusiasts.

Let’s dive into the details of each project and see how they fare in the ever-evolving cryptocurrency landscape.

ai16Z price gets back above $2 soon?After reaching an all-time high of $2.47 just 22 days ago, the ai16Z token has since experienced a sharp decline, showing a 66.8% drop from its peak. At the moment, it trades at around $0.8184, down 37% over the past week.

The token has been on a bearish trend since hitting its all-time high on January 02, 2025, and investors are worried whether it will recover from the fall.

Notably, not even the recent announcement of President Trump’s $500 billion AI infrastructure plan, which initially boosted the token’s value by 35%, seems to help the token from the current bearish pressure.

However, key momentum indicators like the upward trending Relative Strength Index (RSI) and a positive funding rate of 0.011% signal potential for a bullish recovery.

If it holds above $0.8, analysts predict ai16Z could retest its all-time high. However, the market’s sentiment can shift, and a move towards bearish trends might see the price plummet to as low as $0.68.

This volatility underscores the speculative nature of investing in AI tokens, but it also highlights their potential for significant returns.

The community-driven AI token iDEGEN offers a more compelling alternativeThe iDEGEN project represents a unique blend of community engagement and AI development, standing out with its no-human-moderation policy where the AI learns from X (formerly Twitter) tweets.

Currently, iDEGEN is in its fourth stage of the presale under a new, more predictable pricing structure. Initially, iDEGEN employed a dynamic auction system that adjusted token prices every five minutes based on demand.

Now, the token price increases by 10% at each stage, with the current stage price at $0.0133, set to increase to $0.0146 in the next stage, aiming for a final presale price of $0.038 over 15 stages.

This project has attracted considerable attention, with over 20,928 holders and 1,529 million tokens sold during the presale period. The community’s active involvement has driven impressive returns of 11,991% and garnered 1.44 million impressions.

iDEGEN’s approach is not just about selling a token but creating a living experiment in decentralized AI evolution. For those looking to participate in the presale, understanding iDEGEN’s community-driven model is crucial. Here, every interaction and tweet shapes the AI’s learning, making each holder a part of the project’s growth narrative.

As iDEGEN prepares for its exchange listing on February 27, it embodies the broader trend of community-led projects in the crypto space. The project’s presale strategy, moving from a dynamic to a structured pricing model, attempts to balance excitement with stability. It provides a clear path for potential investors while maintaining the essence of its community-centric development philosophy.