Altcoins have recorded impressive gains as all eyes focus on the anticipated “alt season” amid a decline in Bitcoin’s dominance.
Meanwhile, the artificial intelligence field arrives early to the party.
While BTC consolidated around $96K over the past few days, Theta Network (THETA) price climbed to a 12-month peak.
Furthermore, the AI experiment iDEGEN continues to attract the attention of the crypto community with its unique approach.
The one-of-a-kind project connects the digital space with zero data and relies on the X, formerly Twitter, crypto community to learn everything.
According to iDEGEN official website,
Whenever someone tweets on iDEGEN, its AI absorbs the data, uses it to learn, adapt, and then tweets every hour without any moderation or trading guardrails. It will also reply to every tweet.
The iDEGEN bullishness comes as the crypto market awaits a massive bullish wave, especially in the altcoin market.
I think it’s confirmed now: 2 year trendline $BTCThe dominance is finally broken to the downside (monthly chart). Altcoin season in the next IMO. The last signal will be a 3W bearish cross in the MACD.
THETA skyrockets after gaining support
Theta Network, an L1 platform and decentralized groundwork for AI, entertainment and video use cases, steals the show with exciting price moves.
Theta Network price reached a 1-year peak of $3.08 last day after claiming a solid support zone at the $2.28 mark.
The uptrend pushed TETHA’s market cap to $3.10 billion – an increase of 35% – while its daily trading volume increased by 4500% to $680 million.
The token trades at $2.88, up 25% on its daily chart. Meanwhile, strong trading volume signals increased trader activity, indicating a continued uptrend.
A 50% price surge within the last week saw THETA overcome key resistance at the $2.40 – $2.50 range, indicating a massive uptrend.
Additionally, derivatives markets show that more traders are executing theta positions, with open interest increasing by 76% to $109 million.
Analysts predict that Theta Network will continue to rise.
World of Charts highlighted a potential descending triangle breakout that could lead to a surge to $9.
This would mean a gain of 213% from current prices.
Why consider iDEGEN?
IDEGEN could be an ideal project for individuals looking for the most popular sectors in the cryptocurrency market.
With the introduction of Web4 in the crypto market, Artificial Intelligence agents are rapidly gaining popularity.
Goatseaus Maximus started this trend and Raised over $1 billion After prices surged 7,000% in a week.
GOAT achieved a listing on the leading crypto exchange – Binance after remarkable performance.
Meanwhile, iDEGEN looks to eclipse anything seen so far in crypto. Its presale has made a splash, with more than 375 million coins sold so far.
dynamic pricing of iDEGEN
The adaptive auction of Solana-based tokens changes every five minutes according to real-world demand.
The price increases by 5% between active purchases and falls by 5% between inactive activities.
This approach has proven beneficial in combating FOMO.
IDEGEN’s price has risen 7,390% from its opening price of $0.00011 to $0.00824 at press time.
The project is seeing inexhaustible demand, as evidenced by its fast-paced pre-market sales ($1.38 million raised so far).
Amid ongoing experience, it is becoming clear that unconventional approaches to AI, learning from the community, are attracting massive capital and attention.
You can learn more about iDEGEN Here,
Post THETA and iDEGEN lead the AI narrative as Bitcoin dominance signals arrival in alt season first appeared on Invez
