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Crypto price predictions: HBAR, iDEGEN, Bitcoin

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Solv Protocol introduces Bitcoin staking on Base with cbBTC token

Bitcoin Price Holds Steady Amid a Probable US Selloff 

BTC/USD has been trading steadily above $90,000 for two weeks now; missing the all-important mark of $100,000 by less than 5 dollars on 22nd November. Even with the range-bound trading, the bullish trend persists. In fact, according to CoinMarketCap, greed continues to define the crypto market space. This week, the index is at an extreme greed level of 80 compared to last month’s neutral of 55. 

Even with the bullish trend, investors appear to be somewhat cautious. Bitcoin price has dropped by over 2% since the start of the weekend. 

As highlighted on sosovalue, BTC ETFs had daily net inflows of $353 million as of 2nd December. Of this number, BlackRock contributed $338 million with Grayscale and VanEck recording outflows of $28 million and $10 million respectively. 

The caution has further been heightened by the US government’s move to transfer Bitcoin worth $1.92 billion to a new address. While the intention is unclear, there are speculations over a possible selloff. In the recent past, countries like Bhutan and Germany have made huge selloffs of their BTC holdings. 

iDEGEN: The Viral AI Experiment Garners Over 100,000% in Gains Ahead of its Launch

In recent years, cat and dog-themed meme coins have redefined the crypto space. While they are still a crucial part of the market, there is a new widely-hyped entrant; AI meme coins. 

At the center of this buzz is iDEGEN, an advanced AI agent born on X and shaped by the cryptocurrency community. So intense is its hype that its auction has already raised over $1 million and yielded gains of over 100800% to the early adopters. Interestingly, it is still at the experiment stage.

As opposed to the usual presale, iDEGEN has chosen a different path; a dynamic auction. To start with, the total IDGN tokens are 11,111,111,111 with the auction being divided into 5-minute intervals.This means that every time there are consecutive buys within a span of 5 minutes, its price rises by 5%. If no bid is placed within two 5-minute periods, the price drops by 5%. 

At the end of the auction, IDGN launching price will be 10% higher than the final price at the auction. At that point, all unsold tokens will be destroyed.  

In addition to this pricing-based excitement, its freeness has further contributed to iDEGEN going viral. Unlike centralized companies like OpenAI, iDEGEN has no guard rails. In fact, the only applicable rule for this AI agent is that it has to post on Crypto Twitter(CT) after every 60 minutes. Between one post and the next, it internalizes the information availed to it by the crypto degens.

This is exactly what the savvy investors are banking on; securing some IDGN tokens before its value skyrockets. Different groups within the CT space will strive to control this AI agent. This push and pull is bound to intestify its virality with the investors being the ultimate beneficiaries. 

Besides, the program’s unconstrained nature means that it can evolve in different ways. This includes trading the existing assets or even creating its own. With this infinite potential, the market’s focus is set to remain on iDEGEN for a long time. You can buy the iDEGEN token here.

HBAR’s Surges to a 35-Month High Amid Heightened FOMO

Hedera Hashgraph

Hedera Hashgraph (HBAR) has been trading in the green for five consecutive weeks, hitting a level last recorded in January 2022 on 3rd December. Over the span of those five weeks, the crypto has been up by more than 700%. 

As at the time of writing, its market cap stood at $12.49 billion, up by 17%. Besides, its trading volumes were up by 61% over the past 24 hours at $7.55 billion.

The hype around this token has more traders fearing to miss out on a profitable opportunity. As a result, an increasing number of investors are accumulating the HBAR tokens. In fact, 

 



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This is Why Coinbase Added GIGA and TURBO to Asset Roadmap

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Coinbase added meme coins Gigachad (GIGA) and Turbo (TURBO) to its assets roadmap on November 4. GIGA’s valuation briefly spiked after this announcement.

Coinbase has been adding multiple meme coins to its roadmap, with MOODENG and MOG added yesterday.

Coinbase to Add GIGA and TURBO

Coinbase, the largest US crypto exchange, has publicly maintained an assets roadmap since 2022. This roadmap includes assets that the exchange plans to list in the future, which can drastically impact underlying prices. For example, Coinbase added MOODENG to the roadmap yesterday, and its price subsequently rallied over 60%.

Given market demand, the exchange has been expanding its meme coin offerings lately. Shortly after its GIGA and TURBO announcements, Coinbase also put an explicit date on adding MOG support, just one day after putting it on the roadmap. This quick turnaround could imply speediness with the other listings, too.

“Coinbase will add support for MOG Coin (MOG) on the Base network. Trading will begin on or after 9AM PT on 5 December 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our MOG-USD trading pair will launch in phases. Support for MOG may be restricted in some supported jurisdictions,” Coinbase stated.

These listings could have an outsized impact on both GIGA and TURBO. TURBO was the largest AI meme coin by trading volume in October, representing 60% of this sector alongside GOAT.

Last month, Coinbase International began offering perpetual futures on TURBO, but this didn’t have an enduring price impact.

GIGA, on the other hand, could certainly use a shot in the arm. After a promising rise, its market cap dropped nearly 85% in early November after a massive sell-off. This was apparently connected to a malware attack, and most of GIGA’s price did recover.

Still, this dramatic bite took a toll. Since the Coinbase announcement, GIGA saw a brief spike in valuation.

Gigachad (GIGA) Price Performance
Gigachad (GIGA) Price Performance. Source: BeInCrypto

At the time of reporting, Coinbase did not provide an actual date for listing these two tokens. Meme coin valuations are significantly tied to community momentum and hype bubbles, and speedy listings could help maintain interest.

In any event, Coinbase continues to show interest in this sphere, and GIGA and TURBO are likely to benefit from it.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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This is Why GraFun Labs Integrates TON for Meme Coin Growth

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GraFun Labs announced that its “legendary memepad” is now live on the TON blockchain. The announcement comes days after the platform integrated Ethereum and other blockchains.

This represents a notable step toward developing meme coins on TON. Although meme coins are surging across the crypto industry, the TON ecosystem is somewhat underrepresented.

GraFun Integrates TON

DWF Labs boosted this news after GraFun Labs’ initial announcement, but the companies’ direct collaboration on the project seems unclear. Since September, the two firms have partnered to support token launches on GraFun, helping the rise of a flourishing meme coin industry.

“We are excited to partner with GraFun to support the next generation of memecoin projects. GraFun’s…model aligns with our commitment to fostering transparency and sustainability in crypto. Together, we aim to empower emerging projects and provide them with the liquidity and support they need to succeed,” said Andrey Grachev, Managing Partner at DWF.

Both companies frequently promote each other on social media, but their exact cooperation on this TON integration is unclear. Two weeks ago, DWF launched a $20 million fund for meme coin creators, making new asset development more accessible regardless of the blockchain. Last week, the firm also promoted GraFun’s Ethereum integration announcement.

Regardless, Telegram’s Toncoin (TON) blockchain is certainly a fruitful ground for meme coin expansion. Two months ago, it launched Memelandia, a decentralized meme coin hub, to foster growth in this sector. TON’s underlying price has steadily risen this month, further aiding new profit opportunities.

Toncoin (TON) Price Performance, GraFun TON
Toncoin (TON) Price Performance. Source: BeInCrypto

As of yet, the TON ecosystem has been somewhat underrepresented in the meme coin surge. In September, Binance listed five TON assets, identifying its ecosystem as an effective avenue for crypto enthusiasts. Binance specifically highlighted Telegram’s massive user base and strong local communities, offering new chances for viral launches.

Since these listings, however, TON meme coins haven’t punched above their weight. In comparison, Solana-based meme coins brought the platform to record fees, and XRP’s recent rally significantly boosted its own meme coins. TON, however, doesn’t have any similar breakout successes recently.

GraFun Labs may help change this state of affairs in TON. However, considering that the firm also integrated Ethereum recently, it may quickly move on to other chain integrations.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Hedera CryptoAutos Integration: Redefining Luxury Car Purchases

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CryptoAutos, the world’s first crypto-powered luxury car marketplace, integrated with Hedera Hashgraph (HBAR), marking a landmark development in the automotive marketplace.

With this integration, CryptoAutos is redefining the way users purchase high-end vehicles using cryptocurrencies.

Hedera’s Integration with CryptoAutos

The integration into CryptoAutos marks a significant upgrade to the platform’s capabilities. Hedera’s advanced blockchain technology offers near-zero transaction fees, secure settlements, and unmatched reliability, making it a perfect match for CryptoAutos. This integration enhances the platform’s user experience while providing a gateway to Hedera’s strong community, expanding CryptoAutos’ reach globally.

Hedera’s near-zero transaction fees and instant finality enable CryptoAutos to offer a seamless and secure payment experience for its users. The network’s reliability ensures smooth transaction execution, fostering trust and confidence among buyers and dealers.

“CryptoAutos, the world’s first crypto automotive marketplace, has officially integrated with Hedera. This unlocks new possibilities for secure, fast, and efficient transactions in the automotive world,” Hedera shared.

CryptoAutos provides a platform where users can explore and purchase luxury vehicles ranging from Ferraris and Porsches to Ford GTs. With over 20,000 cars available across 600 dealerships worldwide, the marketplace caters to a global audience.

Prospective buyers can easily find dealers near them or search for specific niche models, ensuring inclusivity and accessibility for customers in any location.

The platform allows users to purchase cars using Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and other cryptocurrencies. This streamlines the transaction process and bypasses traditional banking barriers. Additionally, CryptoAutos offers comprehensive guides to help users navigate the process of purchasing vehicles with digital currencies.

“This integration expands our ecosystem reach while providing the Hedera community direct access to our luxury automotive marketplace,” CryptoAutos stated.

HBAR Price Performance
HBAR Price Performance. Source: BeInCrypto

Despite this news, Hedera Hashgraph’s HBAR token is down by a stark 10%. According to BeInCrypto data, HBAR was trading for $0.3171 as of this writing.

CryptoAutos Launches Native AUTOS Token

Meanwhile, this development follows the launch of AUTOS, which debuted through a Token Generation Event (TGE) on December 3, 2024. Hosted on the Ethereum blockchain via the Fjord Foundry platform, the event saw the release of 110 million AUTOS tokens.

“The time has finally come — the AUTOS Community Launch is LIVE!!! $58 million revenue, Tier 1 partners & exchanges, fixed price sale, 100% unlock at TGE, and open to all. And your chance to win a Lamborghini Urus. What more could you possibly need,” CryptoAutos said.

The community-driven launch, focused on decentralization, raised an impressive $4.57 million within the first five hours, displaying strong interest in the token. Participants in the TGE were automatically entered into a contest to win a Lamborghini Urus, reflecting CryptoAutos’ blend of blockchain innovation and luxury.

Following the launch, AUTOS will initially be listed on decentralized exchanges before debuting on KuCoin, a prominent centralized exchange. The AUTOS token is designed to transform luxury car ownership by enabling seamless, transparent, and secure transactions. It also powers various features within the CryptoAutos ecosystem, including staking, governance, and user engagement.

Token holders gain access to exclusive rewards, discounts, and loyalty incentives, while dealers can leverage advertising solutions to reach their audience. Additionally, AUTOS supports CryptoAutos’ Gold membership service and its upcoming Real World Asset (RWA) platform, offering utility beyond transactions.

CryptoAutos’ achievements are already noteworthy, with over $58 million in sales revenue generated to date. The platform recently completed the first-ever car sale using Toncoin (TON), solidifying its position as a leader in the crypto-to-fiat marketplace.

The auto marketplace is setting a new standard for token launches with its transparent, community-first approach. By prioritizing decentralized distribution over venture capital funding, the platform ensures equal access for all participants. With $750,000 USDT secured for liquidity, the launch reflects a sustainable and inclusive vision for the future.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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