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Official Trump (TRUMP), the meme coin of U.S president-elect Donald Trump has stormed the crypto market with a surge to the $6 billion market cap.
Is the meme coin’s spike forward of Trump’s inauguration a sign for what comes subsequent for Solana and iDEGEN? Newest market response for SOL and iDEGEN’s AI agent token IDGN suggests this might be an awesome purchase alternative.
$TRUMP launches meme coin
US President-elect Donald Trump introduced the launch of the Official Trump (TRUMP) token on Friday, Jan 17. Inside 24 hours of the revealing, the meme coin jumped 580% in worth motion and hit almost $6 billion in market cap.
Notably, $TRUMP is a meme coin impressed by the president’s election victory and memorable “Battle, Battle, Battle” name in July 2024 following an assassination try. Nonetheless, buyers eyeing alternatives see it as an indicator of the potential wild trip crypto is about to embark on submit Trump inauguration.
TRUMP, SOL rally
With Trump’s inauguration on Jan. 20 seen as the beginning of an thrilling period for crypto, many analysts say digital property might be poised for a significant rally in 2025 and past.
Official Trump’s web site encompasses a disclaimer that the meme coin $TRUMP is “not an funding alternative nor a safety of any sort.” However the market has eyes on the potential, which explains the $8.5 billion 24-hour quantity.
The $TRUMP token’s rally to an all-time excessive of $33.87 on Jan. 18 pushed it into the highest 30 cash by market cap. In the meantime, the worth of Solana recovered above $250, rising by greater than 17% as Bitcoin, Ethereum and XRP pared positive factors.
SOL traded to highs of $262 on the time of writing, simply shy of the all-time excessive above $263 reached in November. Analysts say SOL worth may go parabolic.
Is iDEGEN the subsequent crypto gem?
iDEGEN is an AI agent that’s taken X by storm. With the token IDGN set for alternate debut on February 27, the continued presale and countdown provide an opportunity for fans to place.
Teleport me to Feb 27.
— iDEGEN UPDATES (@iDEGEN_Updates) January 17, 2025
What’s attention-grabbing about iDEGEN is its overhaul of the market with a degen raised AI agent. The venture has no guardrails and tweets each hour, studying from the degen neighborhood because it evolves. It’s a mannequin that has landed the agent into bother on X, with its unfiltered posts flagged for “violent speech.”
However regardless of this, the iDEGEN presale has raced to over $17 million raised and over 1.4 billion IDGN bought.
The iDEGEN venture lately switched to a stage-based presale mannequin, which implies worth will increase after every stage. Presently, that worth is at $0.011 and can enhance to $0.0121 within the subsequent stage and $0.038 within the remaining presale stage. Meaning a possible 300% rise earlier than the tip of the presale and token launch on exchanges.
May iDEGEN outpace competing AI agent tokens and outpace TRUMP, SOL in coming months?
Be taught extra concerning the venture or tips on how to purchase right here.