- Injective’s iAgent SDK launch has driven the INJ price up 17.9%.
- The iAgent SDK enables AI agents for seamless blockchain automation.
- iDEGEN, designed to evolve based on real-time interactions on X, has raised $1.55M in an ongoing presale.
In the fast-evolving world of blockchain and artificial intelligence (AI), two projects are stealing the spotlight: Injective (INJ) and iDEGEN.
Injective, a leading decentralized finance (DeFi) protocol, recently unveiled its cutting-edge iAgent SDK for on-chain AI agents, while the new AI-powered crypto project iDEGEN has surpassed $1.55 million in its presale.
iAgent SDK launch pushes Injective (INJ) price up 17%
Two weeks ago, Injective, a leading blockchain protocol tailored for decentralized finance (DeFi), introduced the iAgent software development kit (SDK) to enable the creation of on-chain AI agents, simplifying complex blockchain operations and pushing automation capabilities to new heights.
Unveiled at the Injective Summit 2024, iAgent seamlessly integrates with advanced language models like OpenAI’s ChatGPT, allowing users to interact with the blockchain through simple, natural language commands. Tasks such as decentralized exchange order placement, wallet balance checks, instant payments, and predictive market trend analysis can now be executed conversationally, making blockchain more accessible to both developers and non-technical users.
The flexibility of the iAgent SDK empowers developers to create specialized AI agents for specific purposes. For instance, one agent could monitor market trends in real time, while another could automate trading strategies. The SDK also ensures transparency and security, tracking transactions with detailed information like hash codes and block heights.
This innovation positions Injective as a leader in AI-driven blockchain applications. By enabling AI agents to interact with external APIs, databases, and decentralized applications, the iAgent SDK is broadening the scope of automated solutions in DeFi.
The launch of iAgent has been met with enthusiasm, contributing to a 17.9% price surge for Injective’s native token (INJ) over the past 14 days.
While INJ has seen a slight 2.4% dip in the last 24 hours, it remains a strong performer, boasting a 62% increase over the past month and a 64.4% rise over the past year.
iDEGEN: AI meets blockchain in a unique presale
While Injective is reshaping DeFi using AI agents, iDEGEN is capturing attention with its unconventional approach to integrating AI and blockchain.
Launched on November 26, 2024, the project has already raised over $1.55 million through a dynamic presale system that mirrors the volatility of the crypto market.
The iDEGEN presale uses a dynamic pricing model that adjusts every five minutes based on activity. If no purchases are made within a five-minute interval, the price decreases by 5%. Conversely, a single purchase within this window causes the price to remain constant for the next interval while consecutive purchases cause the price to rise by 5% for the next interval. This mechanism has created an interactive and unpredictable buying experience, mirroring the project’s ethos.
The iDEGEN token, $IDGN, is backed by an AI model described as a “sentient, degenerate memelord” that evolves based on real-time interactions on X (formerly Twitter). Every mention, comment, or tag contributes to the AI’s learning, making it increasingly dynamic and engaging. This unique feature has driven community interest and positioned iDEGEN as a standout project in the growing field of AI-powered cryptocurrencies.
As of now, over 383 million $IDGN tokens have been sold. With the presale set to end on January 1, 2025, early investors are gearing up for the token’s listing on major exchanges at a 10% higher price, signalling potential returns for participants.
If interested in this revolutionary AI-powered project, investors can visit the official website for more information.
The post iAgent SDK pushes Injective (INJ) up 17%; iDEGEN presale crosses $1.55m appeared first on CoinJournal.
