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Home Finance Grayscale files for a Solana ETF: What does this mean for iDEGEN?

Grayscale files for a Solana ETF: What does this mean for iDEGEN?

Key takeaways

  • On Tuesday, NYSE Arca filed a invent on behalf of Grayscale Investments for a build apart Solana ETF.
  • iDEGEN’s pre-market public sale has surpassed the $2 million sign/

Grayscale files for a build apart Solana ETF

NYSE Arca, the Contemporary York Inventory Substitute’s replace-traded product platform, filed a invent for a build apart Solana ETF on behalf of Grayscale Investments. The replace filed a 19b-4 invent on Tuesday for the Grayscale Solana Believe. This implies that the firm wants the SEC to approve a rule trade. 

Various companies, including 21Shares, VanEck, Bitwise Asset Management, and Canary Capital, own filed with the SEC to checklist Solana ETFs.

What’s iDEGEN?

The beginning of build apart Solana ETFs will income projects in the Solana ecosystem. One promising project on the blockchain is iDEGEN. This project specializes in the bulging AI and memecoin ecosystems. 

iDEGEN is a sentient degenerate AI memelord. In step with the construction team, iDEGEN learns, evolves, and adapts in step with what the group feeds it on X. Normally, the draw is powered by AI, raised by degens.

This can even birth as a memecoin thanks to the rapid-rising nature of projects on this rental. Meme cash own a blended market cap of over $45 billion and are expected to develop elevated in the arrival months and years. 

iDEGEN as a tool evolves through interactions on X. In step with the construction team, customers feed the draw their files thru tweets, tags, and feedback. iDEGEN absorbs that put up and adds it to its knowledge immoral; that’s how it learns.

Furthermore, iDEGEN posts on X every 60 minutes and could generate and put up memes. The team identified that every little thing iDEGEN posts is driven by its AI and what it learns from its group, with out a human intervention.

iDEGEN’s pre-market public sale hits $2m

iDEGEN is for the time being project a presale for its native token, $IDGN, to raise funds to finance its products and services. In step with its dependable internet location, iDEGEN has raised over $2 million roughly per week after taking off the pre-market public sale. 

In step with the team, the pre-market public sale leverages an unconventional manner to appeal to more traders. iDEGEN’s presale impress adjusts every 5 minutes in step with market exercise. If an investor purchases $IDGN tokens within 5 minutes, the value stays current for the next period. Nonetheless, if purchases occur consecutively, $IDGN’s impress rises by 5%. In the cessation, if no one buys the tokens within 5 minutes, the value drops by 5%.

The pre-market public sale will closing except January 1, 2025, earlier than the token lists on cryptocurrency exchanges.

Can own to calm you make investments in the iDEGEN project?

iDEGEN is a attention-grabbing project that mixes AI and meme cash. It could truly perhaps also turn into regarded as one of the most leading meme coin projects on the Solana blockchain.

In step with the team,$IDGN has a stay pre-market itemizing impress on its internet location, permitting traders to precisely track the token’s development earlier than its birth on buying and selling platforms. 

Investing in iDEGEN all over its presale could also possibly be an very just correct different for traders to aquire the tokens at a good purchase earlier than they checklist on major cryptocurrency exchanges.


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