The cryptocurrency market has faced a turbulent period recently, with major digital assets like Bitcoin (BTC) struggling to maintain momentum. However, amidst the market decline, two altcoins – Stratis (STRAX) and Akuma Inu (AKUMA) – have defied the downturn and recorded double-digit gains.
At the same time, iDEGEN, a new revolutionary IA-powered memecoin that has raised over $7.3 million in its ongoing presale, is offering a compelling investment opportunity for those looking to invest during these turbulent times.
1. Stratis (STRAX) has gained 35% today
While it is down 94% over the past twelve months, Stratis has been holding up well over the past few months. Over the past 24 hours, its price has surged by 35% as the global market cap dropped by 9.7%.
At press time, STRAX hovered around $0.07304, showing the potential of hitting the three-month high at $0.082885.
According to crypto analyst Jason ness, a close above $0.07540 could push STRAX $0.09874, but it needs to stay above the $0.05686 support level.
Although there are no major recent developments that can be attributed to today’s Stratis price surge, it can be connected to the ongoing off-chain token swap after Stratis transitioned from its native STRAX Blockchain to the new Ethereum-based StratisEVM ecosystem.
The ongoing off-chain token swap window, which remains open until December 29, 2024, adds an extra layer of excitement. The swap is crucial as it involves migrating old STRAX tokens to the new Ethereum-based StratisEVM, providing investors with an incentive to participate and potentially driving further adoption and liquidity.
Notably, the migration to Ethereum is a strategic move aimed at improving the user experience and enabling more robust smart contract functionality. It enhances Stratis’ scalability and accessibility and also prepares it for wider adoption within the Ethereum network.
2. Akuma Inu has set a new ATH after back-to-back highs
Akuma Inu (AKUMA) represents the wild, unyielding spirit of the market. Born out of the BASE blockchain—dubbed ‘The Origin Pit’—AKUMA is not just a token but a legend in the making.
BASE is known among crypto traders as a high-stakes arena where fortunes are made and lost at the speed of light. It’s a place where only the shrewdest traders survive, making it the perfect breeding ground for a token that prides itself on community spirit, strategy, and the relentless pursuit of crypto supremacy.
Notably, Akuma Inu’s transaction fees on BASE are near-zero, and each trade on the blockchain is sealed with the thrill of the gamble, embodying the true ‘degen’ spirit of high-risk, high-reward investing.
Akuma Inu’s recent performance is a testament to its popularity and community engagement. The token has today hit a new all-time high of $0.0002689 after hitting back-to-back all-time highs since December 17.
One of the primary reasons behind AKUMA’a bullish momentum is its listing on CoinMarketCap, which has significantly boosted its visibility.
AKUMA’s market cap now stands at $63 million, reflecting strong investor interest and demand. The token’s total supply is fixed at 666,666,666,666,666, making it a unique player in the meme coin space, challenging dominant tokens like Doge and Shiba.
Having witnessed a 568% price surge over the past two weeks, Akuma Inu presents a compelling investment opportunity for memecoin lovers.
3. iDEGEN (IDGN) readies for exchange listing as presale end nears
iDEGEN ($IDGN) is making waves in the crypto space, setting itself apart from the pack with its innovative approach to presale pricing and AI-driven community engagement.
Launched on November 26, 2024, iDEGEN has already raised over $7.3 million in its presale, with more than 1.048 billion tokens sold. The presale is scheduled to end on January 1, 2025, giving potential investors a limited-time opportunity to participate in this high-potential project.
What sets iDEGEN apart is its dynamic presale pricing mechanism that adjusts every five minutes based on market activity. This unique model creates a fast-paced trading environment, where prices increase by 5% after consecutive purchases or decrease by the same margin during periods of inactivity.
This mechanism has attracted a niche group of traders who thrive on volatility, making iDEGEN a standout in a market that’s often dominated by predictable token launches.
Beyond its presale strategy, iDEGEN leverages artificial intelligence (AI) to engage with its community, adapting its development based on feedback received through interactions on X (formerly Twitter).
This integration of AI is not just about community management; it represents a deeper commitment to innovation, ensuring that iDEGEN evolves in real time based on user needs and market conditions.
With an expected listing price 10% higher than the final presale price, iDEGEN offers a compelling case for those looking to expand their crypto portfolios beyond Stratis (STRAX) and Akuma Inu (AKUMA).
