Official Trump (TRUMP), the meme coin of US President-elect Donald Trump, has soared to a market capitalization of $6 billion and brought the crypto market by storm.
Is the hovering value of meme cash forward of President Trump’s inauguration a sign of what is subsequent for Solana and iDEGEN? The most recent market response to SOL and iDEGEN’s AI agent token IDGN means that this might be an ideal shopping for alternative.
$TRUMP launches meme coin
US President-elect Donald Trump introduced the launch of the official Trump (TRUMP) token on Friday, January seventeenth. Inside 24 hours of the announcement, the meme coin’s value motion elevated by 580%, pushing its market cap to just about $6 billion.
Particularly, $TRUMP is a meme coin impressed by the presidential election victory and the memorable “combat, combat, combat” name of July 2024 after an assassination try. However traders wanting on the alternative see this as an indication {that a} crypto wild experience might be in full swing after Trump takes workplace.
Trump, Sol rally
President Trump’s inauguration on January 20 is seen as the beginning of an thrilling period for cryptocurrencies, with many analysts saying the digital asset might be poised for a giant rally in 2025 and past.
President Trump’s official web site carries a disclaimer stating that the meme coin $TRUMP is “not an funding alternative or a safety of any sort.” Nonetheless, the market has taken discover of its potential, which explains its 24-hour buying and selling quantity of $8.5 billion.
The $TRUMP token rose to an all-time excessive of $33.87 on January 18th, pushing it into the highest 30 cash by market capitalization. In the meantime, Solana’s value has rebounded above $250, rising greater than 17% as Bitcoin, Ethereum, and XRP compete for features.
SOL traded as excessive as $262 on the time of writing, simply shy of its all-time excessive of $263 set in November. Analysts be aware that SOL costs might develop into parabolic.
Is iDEGEN the following crypto gem?
iDEGEN is an AI agent that has taken X by storm. Token IDGN is ready for trade debut on February twenty seventh, and the continuing presale and countdown provide fans an opportunity to place themselves.
Please teleport to February twenty seventh.
— iDEGEN Updates (@iDEGEN_Updates) January 17, 2025
What’s fascinating about iDEGEN is the thorough assessment of the market by the AI brokers developed by degen. This undertaking has no guardrails and is evolving by tweeting hourly and studying from the degen neighborhood. That is the mannequin that acquired brokers in bother at X when unfiltered posts have been flagged for “violent speech.”
However regardless of this, iDEGEN’s presale raised over $17 million and bought over 1.4 billion IDGN.
The iDEGEN undertaking not too long ago switched to a tier-based pre-sale mannequin. Because of this the worth will increase with every stage. Presently, its value is $0.011, however it is going to enhance to $0.0121 within the subsequent stage and $0.038 within the remaining presale stage. This implies it might rise 300% by the point the presale and token launch on the trade ends.
Will iDEGEN be capable of outperform competing AI agent tokens, outperform TRUMP, and SOL within the coming months?
Click on right here to study extra concerning the undertaking and tips on how to buy.
(Tag Translate) Market
