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Cryptocurrency News Articles
iDEGEN: The AI Meme Coin That Is Taking Over the World
Nov 28, 2024 at 11:15 am
In six months, investors will look back and realize they were on the right side or the wrong side of history. iDEGEN is right on the frontier of this crazy, tech-accelerationist wave.
iDEGEN is a new AI meme coin that has taken the crypto world by storm. Launched on Tuesday, the token has already surged by 17991%. But what exactly is iDEGEN, and why is it generating so much buzz?
In a nutshell, iDEGEN is a limitless AI agent that interacts with degens on Twitter, and the concept is simple: let it absorb, transform, and tweet every sixty minutes. The only rule is that iDEGEN must tweet.
The rising popularity of AI meme coins can be attributed to the attention they garner due to their unpredictable nature. Well, iDEGEN seems to be the AI token that is poised to hit the mainstream.
The concept is straightforward and outlandish—the perfect pre-conditions for an AI agent. And it has already delivered 17991% gains since launching on Tuesday.
What is iDEGEN?
iDEGEN is a specialized software designed to grow based on the information it consumes. Unlike the woke ideology and guardrails implemented by centralized companies such as OpenAI, iDEGEN is a free experiment without any ethical constraints. It is a blank slate that is being raised on the information fed to it, and the early outputs are already making quite the impression.
The concept that specific groups may even try to ‘take over’ and influence iDEGEN is on the cards. Anything is possible with such a crazy experiment.
The ultimate goal of iDEGEN is to achieve the ‘Degen Singularity.’
The Singularity is what AI tech researchers call the moment when machines become self-improving. They figure out how to build better machines, and there is a quantum leap in artificial intelligence. In iDEGEN’s case, the Degen Singularity is a study in memetics. Can iDEGEN discover what is the core of memetic strength? Could it even start launching its own tokens?
That is the crazy viral potential of iDEGEN; it has no pre-loaded constraints, and anything will be possible.
Why AI meme coins have taken over the world
Most investors are aware of Truth Terminal, an AI that adopted the GOAT token and kick-started the AI memecoin mania. It makes perfect sense. Meme coins trade on attention, and while a picture of a cat is static, an evolving AI agent is capable of constantly creating new attention flows.
Add to the mix artificial intelligence, the most important breakthrough of the decade, and the fact that people can now speculate on it in liquid decentralized markets, and the upside becomes clear. Several top analysts are forecasting the sentient meme sector to rally to $150 billion from its current $4 billion by the market peak next year.
Even the iDEGEN launch is crazy
iDEGEN does nothing by the book and this wildcard approach is why analysts have it touted as a viral sensation waiting to explode. Instead of running a standard presale, iDEGEN adopted an adaptive auction.
It is a complicated game of financial chicken between buyers. Each period lasts five minutes, and if two purchases are made, the price jumps 5%. If no purchases are made within two periods, the price drops by 5%.
When it launches on January 1st at 00:00 UTC, the listing price will be 10% greater than the final auction price. Nobody knows at what price the IDGN token will trade, and nobody knows what iDEGEN will become.
There are only two certainties: It will tweet every sixty minutes and evolve in real-time in front of markets. This could easily be the craziest crypto experiment of the year, and owning IDGN is how you bet on this new agent capitalizing on attention.
Check out the iDEGEN website for more information.
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