While cryptocurrencies have pared most gains seen this week as the market rallied ahead of President Donald Trump’s inauguration, analysts are upbeat about potential upside breakout for Bitcoin (BTC) and altcoins.
The past 24 hours have seen BTC retrace to support above $100k, while Solana held above $230 after a double digit dip. What does the outlook for BTC and SOL suggest for iDEGEN (IDGN), the AI agent crypto project that’s raised more than $17.4 million in presale?
Bitcoin, Solana prices dip after Trump inauguration
On Jan. 20, the day Donald Trump was inaugurated into office as the 47th US president, Bitcoin rose to a new all-time high of $109k. The gains however paled compared to the staggering pumps that Trump family’s meme coins witnessed.
OFFICIAL TRUMP (TRUMP) and Official Melania (MELANIA) pumped so hard, their respective market caps instantly put them among the top 100 crypto projects. Despite the bullish anticipation, these meme coins have crashed in the past 24 hours, with TRUMP down more than 30% at the time of writing.
Trump not mentioning crypto on the inauguration day acted as a downward catalyst for most altcoins. Bitcoin also shed gains to reach lows of $100,101. Meanwhile, Solana retreated to $231 &- losing the uptrend after it hit the all-time high of $294 on Jan.19. Incidentally, SOL rose as TRUMP and MELANIA meme tokens took the market by storm.
BTC, SOL price prediction
According to crypto analyst DonAlt, an executive order around Bitcoin could send BTC flying out of the blocks to a new ATH. The analyst says BTC holding above $100k despite the downward pressure is a key indicator of the market’s resilience.
SOL could rally to a new all-time high if buyers breakout above $245, another crypto analyst has predicted.
What is iDEGEN?
Meme coins aside, a crypto segment that has in the past few months attracted massive attention include AI agents. iDEGEN stands out as one of the projects looking to dominate as both the presale and AI agent gather pace.
iDEGEN started with a premarket auction before adopting a stage-based presale for the IDGN token. In both approaches, the project witnessed a remarkable surge in community support, with the raised amount quickly surpassing the $10 million mark.
iDEGEN price forecast
While an AI experiment in the ilk of other top agentic projects, iDEGEN’s standout proposition is its “degen raised” feature. Being an AI agent with an unfiltered access to interaction and training via X has nonetheless landed iDEGEN in trouble.
But the potential the project has within the ecosystem means successive bans on X have only hyped it further. IDGN price has increased to $0.0121 and will rise to $0.0133 in the next stage. By the time iDEGEN lists on major exchanges, IDGN will be priced at $0.038. This indicates a potential 214% return from the current level.
So far, those that entered the presale when iDEGEN’s token offering went live are looking at an increase of 10,900%
Where iDEGEN trades after it launches in the market will depend on multiple factors, including market conditions. As noted here, the IDGN presale will end on Feb. 26 and project listing on Feb. 27.
To learn more about iDEGEN and its presale, check out the official website.
The post iDEGEN price prediction as BTC, SOL hold key support levels appeared first on CoinJournal.
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