BanklessTimes
Home Articles Simon’s Cat Surges over 50% after Binance Listing—Can iDEGEN Top It?

Simon’s Cat Surges over 50% after Binance Listing—Can iDEGEN Top It?

Simon Simba
Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.
December 17th, 2024

After surging over 50% in the last 24 hours, Simon’s Cat added Binance Spot trading to its list of over 40 centralized exchanges. The announcement sparked a wave of enthusiasm amongst investors but also suggests that Simon’s Cat may have reached its upside potential.

iDEGEN is a new meme coin project that is set to list on exchanges in January 2025. With Binance showing clear support for meme tokens, could now be a good time to get involved with the project whilst the price is still low?

Simon’s Cat— 40+ Spot Centralized Exchanges

Since Simon’s Cat launched in August 2024, it has experienced an all-time high of $0.02219 in less than 5 months. Furthermore, it has achieved a significant trading volume of $709.48 million in the last 24 hours. 

Besides over 40 Spot CEX listings, eight Perp/Futures, and five DEXs, and available on two blockchains, Solana and BNB.

It’s currently projected to reach up to $0.000158 by the end of 2025, which would only be a 129% increase from the all-time high of $0.00006871. While it has seen significant success, its variety of listings and recent price projections show that it could be nearing its maximum upside for investors. 

The good news is that another opportunity, which has raised $5.7 million within 22 days, has arisen for investors to participate in a project before it reaches its maximum upside. 

Will iDEGEN exceed a 50% surge?

iDEGEN presents the next opportunity for early investors to capitalize on a meme coin with the potential for significant gains. The reason for this speculation is a result of its presale success, where it has raised $5.7 million in less than 1 month.

The project stands out for using AI to analyze community behavior and identify which types of content and activities generate the most interest among community members. This enables it to optimize its engagement strategies, suggesting interactive polls, discussion topics, or events that encourage participation.

Additionally, it abandoned traditional pricing models, adopting a dynamic pricing model. Instead of using fixed pricing stages set by developers, the dynamic model allows the market to determine the price based on actual buying behavior. 

This model updates every five minutes based on purchase activity. If consecutive purchases occur within five minutes, the price increases by 5%. However, if no purchases occur within the same time frame, it reduces by 5%. This puts the listing price of IDGN in the hands of the community.

While it has not experienced a surge yet, once it’s listed on January 1, 2025, the price has the potential to surge. This could catch the attention of several exchanges, including Binance. If iDEGEN was to secure a tier-1 exchange listing, the price of the token could rise significantly, rewarding early adopters.

10% of iDEGEN tokens sold—you’re still early

Simon’s Cat has hit a major milestone with a Binance Spot listing. However, over 80% of its 8.10 trillion tokens are in circulation, and several listings mean it’s close to its maximum upside. 

Alternatively, iDEGEN has only sold close to 10% of its 11.1 billion total supply. It also indicates great potential for surges because of its presale success, trending AI narrative, and dynamic pricing model promoting community participation. 

Get your iDEGEN token while it’s early. Visit the official iDEGEN website or their social channels for more details. 

Contributors

Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.