Whereas cryptocurrencies have pared most beneficial properties seen this week because the market rallied forward of President Donald Trump’s inauguration, analysts are upbeat about potential upside breakout for Bitcoin (BTC) and altcoins.
The previous 24 hours have seen BTC retrace to help above $100k, whereas Solana held above $230 after a double digit dip. What does the outlook for BTC and SOL counsel for iDEGEN (IDGN), the AI agent crypto venture that’s raised greater than $17.4 million in presale?
Bitcoin, Solana costs dip after Trump inauguration
On Jan. 20, the day Donald Trump was inaugurated into workplace because the forty seventh US president, Bitcoin rose to a brand new all-time excessive of $109k. The beneficial properties nonetheless paled in comparison with the staggering pumps that Trump household’s meme cash witnessed.
OFFICIAL TRUMP (TRUMP) and Official Melania (MELANIA) pumped so laborious, their respective market caps immediately put them among the many prime 100 crypto tasks. Regardless of the bullish anticipation, these meme cash have crashed up to now 24 hours, with TRUMP down greater than 30% on the time of writing.
Trump not mentioning crypto on the inauguration day acted as a downward catalyst for many altcoins. Bitcoin additionally shed beneficial properties to achieve lows of $100,101. In the meantime, Solana retreated to $231 – dropping the uptrend after it hit the all-time excessive of $294 on Jan.19. By the way, SOL rose as TRUMP and MELANIA meme tokens took the market by storm.
BTC, SOL value prediction
In response to crypto analyst DonAlt, an govt order round Bitcoin might ship BTC flying out of the blocks to a brand new ATH. The analyst says BTC holding above $100k regardless of the downward strain is a key indicator of the market’s resilience.
SOL might rally to a brand new all-time excessive if patrons breakout above $245, one other crypto analyst has predicted.
What’s iDEGEN?
Meme cash apart, a crypto phase that has up to now few months attracted large consideration embody AI brokers. iDEGEN stands out as one of many tasks seeking to dominate as each the presale and AI agent collect tempo.
iDEGEN began with a premarket public sale earlier than adopting a stage-based presale for the IDGN token. In each approaches, the venture witnessed a exceptional surge in neighborhood help, with the raised quantity rapidly surpassing the $10 million mark.
iDEGEN value forecast
Whereas an AI experiment within the ilk of different prime agentic tasks, iDEGEN’s standout proposition is its “degen raised” function. Being an AI agent with an unfiltered entry to interplay and coaching by way of X has nonetheless landed iDEGEN in bother.
However the potential the venture has throughout the ecosystem means successive bans on X have solely hyped it additional. IDGN value has elevated to $0.0121 and can rise to $0.0133 within the subsequent stage. By the point iDEGEN lists on main exchanges, IDGN can be priced at $0.038. This means a possible 214% return from the present stage.
To this point, those who entered the presale when iDEGEN’s token providing went stay are a rise of 10,900%
The place iDEGEN trades after it launches out there will depend upon a number of components, together with market circumstances. As famous right here, the IDGN presale will finish on Feb. 26 and venture itemizing on Feb. 27.
To be taught extra about iDEGEN and its presale, try the official web site.
