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"AI Meme Coin iDEGEN Raises $19M in Canadian Presale Ahead of Exchange Listing"

Coin WorldTuesday, Feb 4, 2025 8:00 am ET

1min read

Canadian investors have driven a $19 million raise in the presale of iDEGEN's native IDGN token, marking a significant milestone for the AI-powered meme coin. iDEGEN, an AI agent trained from scratch by crypto enthusiasts, has rapidly gained attention in the $5 billion AI meme coin sector, trending repeatedly on X in the UK and US, and now launching video content on RedNote.

The Canadian investment comes ahead of iDEGEN's exchange listings on February 27, as the project enters a new phase of growth. iDEGEN's unique approach to engaging with its community has generated substantial attention, with the AI agent posting every hour and responding to every mention on X. This unmoderated large language model (LLM) has produced a wide range of content, including conspiracy theories and geopolitical takes, helping iDEGEN become one of the leading new meme coins in 2025.

iDEGEN's success can be attributed to its regular tech upgrades, with the V2 and V3 updates expanding its reach and attracting new investors. The V3 update, which included the launch of video content on RedNote, the TikTok of Asia, has particularly piqued the interest of Canadian traders. This first-mover advantage has created a FOMO (fear of missing out) frenzy, with the current price of $0.0177 set to rise to $0.038 in the coming days.

Adding to the excitement, iDEGEN has announced the launch of a second agent running on DeepSeek, the Chinese AI phenomenon. This move has created a crypto battle for the ages, with the Western AI-powered agent facing off against the new DeepSeek agent. Canadian investors are heavily invested in this face-off, and the presale is expected to sell out early as smart money locks into position.

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