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Wall Street Pepe Drops 40% As iDEGEN’s $23M Presale Soars

Hyomi Song
Hyomi Song
Hyomi Song
Author:
Hyomi Song
Hyomi is a freelance writer who is passionate about cryptocurrency and blockchain technology. She is dedicated to driving innovation and fostering widespread adoption within the industry as her writing captures how we interact with digital assets.
February 18th, 2025

Wall Street Pepe ($WEPE), a meme coin that raised $51 million in its 2025 Presale, has recently fallen 40% to $0.0002198. This decline mirrors broader volatility across meme assets.

Amid the fall, investors are diversifying into infrastructure-focused projects and AI-driven tokens that redefine community engagement models.

WEPE’s Post-Launch Volatility

Wall Street Pepe’s price plummeted from $0.0003665 to $0.0002198 despite its record-breaking presale, which attracted over 89,000 investors. The token’s market capitalization now stands at $21 million, down from its $51 million presale valuation.

Analysts attribute the decline to profit-taking by early backers and shrinking liquidity as Bitcoin’s 12% weekly drop has dampened risk appetite across altcoins. Data from Binance Square shows that $WEPE’s trading volume fell 62% to $1.2 million during the sell-off. Meanwhile, its open interest in perpetual futures contracts declined by 33%.

This can be seen in broader meme coin trends: Pepe Unchained ($PEPU) dropped 21%, and Solana-based Peanut the Squirrel ($PNUT) fell 40% over the same period.

Market-Wide Pressures and Capital Rotation

Bitcoin’s failure to sustain the $100,000 support level has cascaded through speculative assets, erasing $113 billion from the global meme coin market capitalization since January 2025.

The Federal Reserve’s indication of prolonged high interest rates announced by the Federal Reserve under the current administration has exacerbated outflows, with traders reallocating meme coin holdings into stablecoins last week.

A 10x rebound for $WEPE would require a $210 million valuation. Meanwhile, AI-driven tokens like iDEGEN exemplify crypto’s next evolution, showcasing assets that adapt to rather than merely react to market conditions.

As traditional meme coins grapple with macroeconomic headwinds, AI-native projects like iDEGEN demonstrate alternative growth models. 

iDEGEN’s AI-Driven Adaptation in Volatile Markets

In stark contrast to WEPE’s struggles, iDEGEN has emerged as a standout project in the current crypto market. As of February 18, 2025, iDEGEN’s Presale has raised over $23 million and attracted nearly 25,000 investors.

iDEGEN’s machine learning algorithm processes 2,300 X posts hourly, evolving its market predictions and meme generation based on community interactions. Unlike static assets, iDEGEN’s knowledge base updates in real time, analyzing market-related links, interpreting charts, and synthesizing sentiment shifts across decentralized exchanges.

Since its January 2025 launch, iDEGEN has produced 14,000 unique posts and memes, with 39% referencing real-time market events. This responsiveness attracts traders seeking assets decoupled from Bitcoin.

To learn more and to buy iDEGEN, visit their official website.

READ MORE: Goldman Exec’s BTC Call Puts Spotlight on Bitcoin Pepe (BPEP)

Contributors

Hyomi Song
Hyomi is a freelance writer who is passionate about cryptocurrency and blockchain technology. She is dedicated to driving innovation and fostering widespread adoption within the industry as her writing captures how we interact with digital assets.