Whereas cryptocurrencies pared a lot of the positive aspects seen this week because the market rallied forward of President Donald Trump's inauguration, analysts are optimistic a few doable bullish breakout for Bitcoin (BTC) and altcoins.
Over the previous 24 hours, BTC returned above $100,000, whereas Solana held above $230 after a double-digit decline. What do the BTC and SOL outlook recommend for iDEGEN (IDGN), the AI agent crypto challenge that has raised over $17.4 million in presales?
Bitcoin and Solana Costs Drop After Trump Inauguration
On January 20, the day of Donald Trump's inauguration because the forty seventh President of america, Bitcoin reached a brand new all-time excessive of $109,000. The positive aspects, nonetheless, pale compared to the staggering pumps witnessed by the Trump household cash.
OFFICIAL TRUMP (TRUMP) and Official Melania (MELANIA) labored so onerous that their respective market caps immediately positioned them among the many prime 100 crypto tasks. Regardless of the bullish anticipation, these meme cash have crashed over the previous 24 hours, with TRUMP down over 30% on the time of writing.
Trump not mentioning crypto on Inauguration Day acted as a downward catalyst for many altcoins. Bitcoin additionally misplaced its positive aspects to hit a low of $100,101. In the meantime, Solana retreated to $231, shedding the uptrend after hitting the all-time excessive of $294 on January 19. By the best way, SOL rose as meme tokens TRUMP and MELANIA took the market by storm.
BTC, SOL Value Prediction
In keeping with crypto analyst DonAlt, a decree round Bitcoin might ship BTC out of the blocks to a brand new ATH. The analyst says BTC sustaining above $100,000 regardless of downward stress is a key indicator of market resilience.
SOL might hit a brand new all-time excessive if consumers surpass $245, one other crypto analyst predicted.
What’s iDEGEN?
Apart from meme cash, one crypto section that has attracted an enormous quantity of consideration over the previous few months consists of AI brokers. iDEGEN stands out as one of many tasks seeking to dominate as pre-sales and AI agent speed up.
iDEGEN started with a pre-market public sale earlier than shifting to a staged pre-sale for the IDGN token. In each instances, the challenge noticed a outstanding enhance in neighborhood assist, with the quantity raised shortly surpassing the $10 million mark.
iDEGEN Value Forecast
Though it’s an AI experiment like different main agent tasks, the standout proposition of iDEGEN is its “raised degen” performance. Being an AI agent with unfiltered entry to interplay and coaching by X nonetheless posed issues for iDEGEN.
However the challenge's potential inside the ecosystem implies that X's successive bans have solely promoted it additional. IDGN worth elevated to $0.0121 and can attain $0.0133 within the subsequent transfer. By the point iDEGEN is listed on main exchanges, IDGN shall be priced at $0.038. This means a possible return of 214% from the present stage.
To date, those that participated within the presale when iDEGEN's token providing went stay are taking a look at a ten,900% enhance.
The place iDEGEN trades after its market launch will rely upon a number of elements, together with market situations. As famous right here, the IDGN presale will finish on February 26 and the challenge listing on February 27.
To study extra about iDEGEN and its presale, go to the official web site.
