South Korea’s Crypto Boom: iDEGEN Leads the Next Wave

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The cryptocurrency world is buzzing, and South Korea is leading the charge. Over 30% of the country’s population—more than 15 million people—now own digital assets, thanks to a booming market and renewed optimism after the recent U.S. presidential election. With a population of 51.7 million, that’s a huge chunk of people diving into crypto.

The numbers tell an exciting story. In November 2024, South Korea’s total crypto holdings hit a staggering 102.6 trillion won (around $78 billion), up from 58 trillion won the previous month. That’s an explosive jump! On average, each investor held about 6.58 million won worth of crypto, and deposits on exchanges nearly doubled to 8.8 trillion won. Daily trading volumes on the country’s top five exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—reached 14.9 trillion won, even rivaling South Korea’s stock market activity.

Bitcoin (BTC) also played a major role in this surge. Its price skyrocketed from 105 million won to 135.8 million won by the end of November, pulling in new investors and boosting market confidence.

But it’s not just the big names like Bitcoin and Ethereum (ETH) grabbing attention. A new player, iDEGEN (IDGN), is shaking things up. Launched in November 2024, this AI-powered meme coin has already raised over $8.9 million during its presale and sold more than 1.1 billion tokens. Investors are taking notice.

What makes iDEGEN so special? Its unique pricing system is a game-changer. During the presale, the coin’s price changes every five minutes—rising by 5% if people keep buying and dropping by 5% if trading slows down. This keeps things exciting and encourages more activity.

On top of that, iDEGEN uses artificial intelligence to stand out from other meme coins. The project’s AI listens to feedback from its community on X (formerly Twitter) to improve its features and utility. This smart approach shows that iDEGEN isn’t just another trendy coin—it could have real staying power.

With its presale ending on January 1, 2025, iDEGEN is expected to launch with a listing price at least 10% higher than the final presale price. Early buyers could see significant gains.

As projects like iDEGEN gain momentum, South Korea’s crypto scene looks brighter than ever, setting the stage for even more growth and innovation in the coming years.

  • Advika

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