Horizen (ZEN) price is in the spotlight today, coinciding with the rising star of iDEGEN (IDGN), a new AI-driven cryptocurrency project. ZEN, currently priced at $25.36, has experienced a significant 24-hour price increase of 19.5%, trading within a day’s range of $20.92 to $26.53. This surge comes as iDEGEN’s presale , which has already amassed over $16.4 million, nears its end. Horizen has appointed new executives Horizen’s recent price explosion isn’t merely a random market fluctuation but is closely tied to strategic developments within the company. On January 14th, Horizen Labs announced the appointment of two new executives, signalling a commitment to expand its influence, especially in the Asian market. Gwendolyn Regina, appointed as Regional Vice President for Asia, brings extensive experience from her tenure at Binance, while Andy Bryant, the new Chief Strategy Officer, comes with a rich background in blockchain and fintech. This leadership overhaul comes at a pivotal time as Horizen prepares for the Mainnet launch of its Horizen 2.0 blockchain in the first half of 2025. The anticipation around the upcoming Mainnet launch and the leadership overhaul seems to have catalyzed investor interest, driving the ZEN price upward. Furthermore, Horizen’s focus on zero-knowledge cryptography and its collaboration with industry leaders like Yuga Labs and Animoca Brands have positioned it as a tech innovator, potentially attracting more investment and attention to its token. The iDEGEN presale gains momentum as the token nears listing The correlation between Horizen’s market performance and the iDEGEN presale momentum might not be direct, but the broader context of market sentiment towards innovative blockchain projects certainly plays a role. As iDEGEN gains traction with its unique community-driven AI model, it sparks discussions and excitement, which can spill over into an increased interest in related or similarly innovative projects like Horizen. iDEGEN has introduced a novel concept where an AI, born from the community’s interactions on X , evolves without human interference into what could be the next big thing in memecoins or beyond. The presale’s pricing model adds to its allure, reflecting real-time market demand in a way that traditional presales do not. This system not only keeps potential investors engaged but also creates a buzz that can elevate the profile of other cryptocurrencies, including Horizen. The excitement around iDEGEN isn’t just about potential financial gains but also about being part of an experiment in AI autonomy and community control. This resonates with a segment of the crypto community that values not just the technology but the philosophy of decentralization and community governance. As iDEGEN learns and grows, it could redefine what a meme coin can be, potentially influencing the trajectory of other projects like Horizen by setting new standards for community engagement and project evolution. The post Horizen (ZEN) price explodes as iDEGEN (IDGN) presale gains momentum appeared first on Invezz
