Venice AI, a man-made intelligence undertaking on Base, has seen the native token VVV sharply pare positive aspects after an enormous surge.
Whereas the undertaking navigates insider buying and selling allegations and has recovered a few of the losses, AI agent undertaking iDEGEN appears to be like to speed up its presale. In the meantime, buyers eyeing the AI area have had a rethink up to now week as occasions associated to the launch of DeepSeek R1 hit US tech shares.
Nonetheless, the crypto market sentiment is essentially bullish regardless of a pullback and the much-hyped iDEGEN stands out amongst potential funding alternatives.
AI undertaking Venice’s token tanks 50%
Venice AI (VVV) launched on main alternate Coinbase because it went dwell, with the day 1 buying and selling help catapulting the token’s worth to highs of $22.58. Nevertheless it rapidly reversed positive aspects and at present trades under $10, posting a 56% decline from the height seen on Jan. 28.
VVV retreated as allegations of insider buying and selling involving two Aerodrome Finance contributors.
Nonetheless, the allegations apart, Venice AI appears to be like to have attracted enormous consideration and will bounce. The undertaking goals at constructing key infrastructure for AI brokers, builders and third occasion apps, with its privacy-focused strategy and low value an enormous pull.
In line with AI analytics platform Nansen, VVV has since its launch been “a quantity king on Base and a sizzling development amongst our paid customers.”
VIRTUAL, AIXBT and AERO at present lead as Venice AI appears to be like for a breakout.
Is iDEGEN a chance?
Whereas VVV and different AI tokens appeal to consideration, soon-to-launch AI agent iDEGEN continues to cost in presale dominance. The undertaking may problem ai16z and others when it launches on exchanges in coming weeks.
iDEGEN adopts a novel strategy that has set it aside amongst prime trending and new AI agent and meme cash. Its mannequin is easy: all coaching is from crypto degens throughout X and Telegram, with no guard rails in any way. Upcoming upgrades will see the agent convey its degen interactions to TikTok and Instagram.
Notably, as AI brokers battle with restrictions infused in coaching, iDEGEN runs unfiltered and able to each the chaotic and elegant.
The latter landed the agent on X’s ban record twice, however that solely catalysed curiosity and noticed the presale speed up previous the $10 million mark. In lower than a month, complete raised is almost double as IDGN token sale surpasses $18.6 million.
Developments each throughout AI and the iDEGEN undertaking recommend buyers might eye the broader market dip and low presale worth of IDGN as a chance. One in all these is the plan to launch iDEGEN on DeepSeek.
Right here’s a put up from the US model:
We’re about to drop iDEGEN on DeepSeek!
AI-off: Our US mannequin versus China 🤝
Each @iDEGEN_AI and @iDEGEN_DeepSeek will use the identical data base and we’ll see which one in all our sentient AI associates produce essentially the most controversial, degenerate content material 👀
The primary AI won’t…
— iDEGEN UPDATES (@iDEGEN_Updates) January 28, 2025
What’s the iDEGEN worth?
iDEGEN at present stands at $0.0161 in presale and can rise to $0.0177 within the subsequent stage. With the countdown to presale shut on Feb. 26 and alternate debut on Feb. 27 beneath 30 days, merchants and buyers eager on shopping for low are exhibiting aggressiveness.
When the AI meme token reaches the ultimate presale stage, IDGN worth shall be at $0.038.
This implies a notable improve from present stage and sure so as to add to the spectacular 14,536% return since pre-market launch in late November.
To seek out out extra about iDEGEN, take a look at the official web site.
