The post Cryptos First Ever Auction Going Viral with a $450k Raised in 24hrs appeared first on Coinpedia Fintech News
iDEGEN—the world’s first completely uncensored AI—is here, and its machine learning is powered purely by the cult-like insanity of crypto degens. Every 60 minutes, this wild AI could tweet absolutely anything. Is this the wildest story in all of crypto right now?
And in another world-first, iDEGEN hit the Solana market yesterday in an unprecedented adaptive auction. It’s designed to turn the increasingly stale presale concept into an all-out FOMO frenzy, and a $450k day-one raise means early adopters are already 17991% up.
What could the coming weeks hold? Let’s dive into this degen’s delight.
iDEGEN: breaking new ground in more ways than one
iDEGEN’s unique auction is precisely engineered to maximize hype, and judging by the early price action, it’s already got degens in the mother of all FOMO frenzies.
A total supply of 11,111,111,111 IDGN tokens is on offer via a dynamic, transparent, and market-set pricing model. Every 5 minutes, the IDGN price fluctuates based on demand. A buyer for two consecutive periods will see a 5% uptick, while no buyer will see a 5% pullback.
This is designed to allow the community genuine control over price discovery, rather than the usual presale mechanism: a shady internal team having a dictator-like authority over fixed and meaningless price increases.
The forward-thinking value proposition will be enhanced by the guaranteed 10% premium added to iDEGEN’s price when it lists on the 1st of January at midnight UTC. Plus, all unsold tokens will be burnt before iDEGEN’s DEX debut.
So, not only does the auction actively encourage participation through healthy volatility, but it also rewards early investors with a 10% head start and a guaranteed burn—crypto’s first-ever auction just reeks of virality, doesn’t it?
AI coins are red hot, but iDEGEN is a level above its rivals
With the meme coin supercycle bubbling away in the background, the AI coin boom has had degens aping into just about everything. With a nearly $40 billion market cap, coins like GOAT have managed to deliver $1 billion market caps based on nothing but a variety of goat memes so utterly degenerate that Satoshi himself would be revolted.
So, what happens when the degens themselves take charge? Early outputs on X (Twitter) have already been provoking all the right people as iDEGEN bids to become a viral phenomenon.
The excitement here is just how unchained this AI is. There’s no dev-driven nanny state and no watchful guardian of moderation. iDEGEN is a totally unhinged and constantly evolving entity with nobody to answer to—not even the degen army that fuels its learning.
So, what do you think iDEGEN will come up with? Classic sh*tposting? Degen daddy issues? A plan for world degeneration? The ultimate formula to mint meme coin millionaires?
Anything could happen, and the entire crypto community is watching with bated breath and quite a large can of air freshener. iDEGEN has been let loose and nobody is safe from its relentless output.
What ChatGPT is to normies, iDEGEN will become to the entire crypto space, and it is little wonder early holders are so bullish. Is this the ultimate AI play of this bull run?Check out the iDEGEN website for more information.
