Schlagwort: crypto market news

• MOODENG price spiked 66% after Coinbase announced listing of the meme coin.
• Coinbase is a leading US-based crypto exchange.
• Gains for Moo Deng come as most tokens eye new momentum.

Moo Deng, a meme coin on Solana that went viral amid the global attention on baby hippo in Thailand, has seen its price skyrocket amid a major announcement from Coinbase.

On Monday, Dec. 2, cypto exchange Coinbase announced that it had added Moo Deng (MOODENG) on on its listing roadmap. The price of MOODENG jumped a massive 66% as the community reacted to the listing news.

At the time of writing, Moo Deng price hovered around $0.5993, going vertical from around $0.29. Coinbase’s listing news contributed to this upside, with the meme coin hitting winning ways to lead the top 100 coins by market cap.

The gains see MOODENG recapture levels seen around Nov. 18, stemming the downside that followed the spike to the all-time high of $0.6804. Current prices for the meme coin mean its just 12% from the peak hit on November 15, 2024.

In the past month, meme coins slowed as Bitcoin rose towards the $100k level. The surge for XRP in the past week also relegated top meme coins to spectators of the major rally. However, analysts are upbeat about the overall market, with meme coins in the mix for a potential supercycle.

Binance listed MOODENG futures in October, with the token also spiking as the market reacted positively.

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iDEGEN has hit the crypto market running, riding a major bullish mood engulfing the entire market.

This comes as traders cheer Bitcoin’s massive and record monthly green candle. As the benchmark crypto looks to break the sell wall at the $100k level, several altcoins are toying with levels that have traders excited.

Amid the market-wide buzz is an aggressive positioning across the artificial intelligence related space. Some of the best performing tokens in the last few months have been AI tokens, which has analysts pointing to the real upside as one ahead.

Does this make iDEGEN the biggest opportunity among AI tokens as the bull run shapes up? Here’s more.

Altcoins eye rally

While Bitcoin has struggled with the sell wall at $100k, bulls remain upbeat amid a rising supply shock. Demand for the flagship cryptocurrency has seen multiple publicly-listed companies announce major moves to buy BTC.

The bullish predictions for Bitcoin have also extended to top coins Ethereum, XRP, Solana and Cardano.

However, analysts are most bullish about small caps and gems in emerging crypto market segments. In 2025, the most profitable tokens are likely in AI. Notably, it’s AI agents that have the market in alert mode. This subsector of the AI and crypto merge has received massive traction after platforms like Terminal of Truth made Goateus Maximus a bull market sensation.

According to crypto analyst Miles Deutscher, the industry has yet to hit even 0.01% of what these projects can offer.

“From Adobe to Expedia, many top corporations have built & integrated AI Agents in the past 1-2 years. This trend is only going to increase,” Deutscher said.

iDEGEN races to $1.6 million presale raise

iDEGEN’s freelance operation with its launch based on zero knowledge is purely dependent on the real time interactions with users on X. Currently in its presale phase, the iDEGEN token has raced to over $1.6 million.

This comes as tokens sold in the past week surges to over 385 million, adding to IDGN token’s viral spike after raising over $1 million in just over 72 hours.

IDGN is “sentient” and “degenerate”.

Ideally, iDEGEN is an AI project that engages the crypto community through X, tweeting every sixty minutes as its learning evolves. The design starts with a blank AI, but degens have the opportunity to teach it and help it take over crypto twitter.

As an AI powered “born and raised” agent, iDEGEN has the potential to grow into what the crypto degen community wants. The native token IDGN could evolve similarly, following this trend to surpass GOAT and others.

iDEGEN will launch in January, and investors have a chance to buy early into a sector at the cusp of a major breakout. Top industry players are making moves that mean the whole sector is only getting started.

At $0.0201, IDGN is still a relative bargain for a token that could go 100x or more in the next bull cycle.

Do you want to learn more about iDEGEN or how to buy IDGN? Visit the official presale page.

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• Injective’s iAgent SDK launch has driven the INJ price up 17.9%.
• The iAgent SDK enables AI agents for seamless blockchain automation.
• iDEGEN, designed to evolve based on real-time interactions on X, has raised $1.55M in an ongoing presale.

In the fast-evolving world of blockchain and artificial intelligence (AI), two projects are stealing the spotlight: Injective (INJ) and iDEGEN.

Injective, a leading decentralized finance (DeFi) protocol, recently unveiled its cutting-edge iAgent SDK for on-chain AI agents, while the new AI-powered crypto project iDEGEN has surpassed $1.55 million in its presale.

iAgent SDK launch pushes Injective (INJ) price up 17%

Two weeks ago, Injective, a leading blockchain protocol tailored for decentralized finance (DeFi), introduced the iAgent software development kit (SDK) to enable the creation of on-chain AI agents, simplifying complex blockchain operations and pushing automation capabilities to new heights.

Unveiled at the Injective Summit 2024, iAgent seamlessly integrates with advanced language models like OpenAI’s ChatGPT, allowing users to interact with the blockchain through simple, natural language commands. Tasks such as decentralized exchange order placement, wallet balance checks, instant payments, and predictive market trend analysis can now be executed conversationally, making blockchain more accessible to both developers and non-technical users.

The flexibility of the iAgent SDK empowers developers to create specialized AI agents for specific purposes. For instance, one agent could monitor market trends in real time, while another could automate trading strategies. The SDK also ensures transparency and security, tracking transactions with detailed information like hash codes and block heights.

This innovation positions Injective as a leader in AI-driven blockchain applications. By enabling AI agents to interact with external APIs, databases, and decentralized applications, the iAgent SDK is broadening the scope of automated solutions in DeFi.

The launch of iAgent has been met with enthusiasm, contributing to a 17.9% price surge for Injective’s native token (INJ) over the past 14 days.

While INJ has seen a slight 2.4% dip in the last 24 hours, it remains a strong performer, boasting a 62% increase over the past month and a 64.4% rise over the past year.

iDEGEN: AI meets blockchain in a unique presale

While Injective is reshaping DeFi using AI agents, iDEGEN is capturing attention with its unconventional approach to integrating AI and blockchain.

Launched on November 26, 2024, the project has already raised over $1.55 million through a dynamic presale system that mirrors the volatility of the crypto market.

The iDEGEN presale uses a dynamic pricing model that adjusts every five minutes based on activity. If no purchases are made within a five-minute interval, the price decreases by 5%. Conversely, a single purchase within this window causes the price to remain constant for the next interval while consecutive purchases cause the price to rise by 5% for the next interval. This mechanism has created an interactive and unpredictable buying experience, mirroring the project’s ethos.

The iDEGEN token, $IDGN, is backed by an AI model described as a “sentient, degenerate memelord” that evolves based on real-time interactions on X (formerly Twitter). Every mention, comment, or tag contributes to the AI’s learning, making it increasingly dynamic and engaging. This unique feature has driven community interest and positioned iDEGEN as a standout project in the growing field of AI-powered cryptocurrencies.

As of now, over 383 million $IDGN tokens have been sold. With the presale set to end on January 1, 2025, early investors are gearing up for the token’s listing on major exchanges at a 10% higher price, signalling potential returns for participants.

If interested in this revolutionary AI-powered project, investors can visit the official website for more information.

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• The proposal by Ethena and Securitize will be evaluated for suitability by a panel.
• If approved the proposal will enhance liquidity and stability within the Sky ecosystem.
• USDtb, backed by BlackRock’s BUIDL, offers a stable, RWA-based risk profile.

Ethena Labs and tokenization platform Securitize have submitted a joint proposal to feature Ethena’s new stablecoin, USDtb, in Spark’s $1 billion Tokenization Grand Prix.

The $1B Tokenization Grand Prix competition aims to onboard real-world assets (RWAs) into DeFi by offering liquidity to selected participants, further expanding the scope of tokenized assets in decentralized ecosystems.

The proposal submitted by Ethena and Securitize

At the heart of Ethena’s proposal is a unique swap facility between USDtb and its synthetic stablecoin, USDe.

This innovation would allow participants in the Sky ecosystem—formerly MakerDAO—to dynamically manage liquidity and risk based on prevailing market conditions and interest rate trends. The ability to reallocate between these stablecoins is designed to enhance financial flexibility and stability within the ecosystem.

Ethena’s contribution to the Sky ecosystem is significant, generating nearly $120 million in annual revenue. The integration of USDtb could further bolster USDe’s performance, particularly during challenging funding conditions, by dynamically adjusting its backing composition.

USDtb, scheduled to launch next week, is backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), a tokenized US Treasury fund on the Ethereum blockchain. With over $533 million in tokenized assets under management, BUIDL provides a robust foundation for USDtb, offering an alternative risk profile compared to USDe.

While USDe employs derivative hedging strategies and is subject to cryptocurrency market fluctuations, USDtb’s backing with traditional financial instruments offers a more conservative option.

The proposal will be evaluated by a panel that includes Phoenix Labs and Steakhouse Financial, using criteria such as liquidity, pricing competitiveness, and alignment with Spark’s strategic objectives. Sky tokenholders will ultimately decide on the final selection through a governance vote.

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