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 ahead of Trump’s inauguration a signal for what comes next for Solana and iDEGEN? Latest market reaction for SOL and iDEGEN’s AI agent token IDGN suggests this could be a great buy opportunity.
$TRUMP launches meme coin
US President-elect Donald Trump announced the launch of the Official Trump (TRUMP) token on Friday, Jan 17. Within 24 hours of the unveiling, the meme coin jumped 580% in price movement and hit nearly $6 billion in market cap.
Notably, $TRUMP is a meme coin inspired by the president’s election victory and memorable “Fight, Fight, Fight” call in July 2024 following an assassination attempt. However, investors eyeing opportunities see it as an indicator of the potential wild ride crypto is about to embark on post Trump inauguration.
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TRUMP, SOL rally
With Trump’s inauguration on Jan. 20 seen as the start of an exciting era for crypto, many analysts say digital assets could be poised for a major rally in 2025 and beyond.
Official Trump’s website features a disclaimer that the meme coin $TRUMP is “not an investment opportunity nor a security of any type.” But the market has eyes on the potential, which explains the $8.5 billion 24-hour volume.
The $TRUMP token’s rally to an all-time high of $33.87 on Jan. 18 pushed it into the top 30 coins by market cap. Meanwhile, the price of Solana recovered above $250, rising by more than 17% as Bitcoin, Ethereum and XRP pared gains.
SOL traded to highs of $262 at the time of writing, just shy of the all-time high above $263 reached in November. Analysts say SOL price could go parabolic.
Is iDEGEN the next crypto gem?
iDEGEN is an AI agent that’s taken X by storm. With the token IDGN set for exchange debut on February 27, the ongoing presale and countdown offer a chance for enthusiasts to position.
New target for $IDGN…Flip $XRP.
Teleport me to Feb 27.
— iDEGEN UPDATES (@iDEGEN_Updates) January 17, 2025
What’s interesting about iDEGEN is its overhaul of the market with a degen raised AI agent. The project has no guardrails and tweets every hour, learning from the degen community as it evolves. It’s a model that has landed the agent into trouble on X, with its unfiltered posts flagged for “violent speech.”
But despite this, the iDEGEN presale has raced to over $17 million raised and over 1.4 billion IDGN sold.
The iDEGEN project recently switched to a stage-based presale model, which means price increases after each stage. Currently, that price is at $0.011 and will increase to $0.0121 in the next stage and $0.038 in the final presale stage. That means a potential 300% rise before the end of the presale and token launch on exchanges.
Could iDEGEN outpace competing AI agent tokens and outpace TRUMP, SOL in coming months?
Learn more about the project or how to buy here.
The post TRUMP meme coin’s 580% surge stirs market: Is iDEGEN the next gem? appeared first on CoinJournal.
TRUMP meme coin’s 580% surge stirs market: Is iDEGEN the next gem?
Source: https://coinjournal.net/news/trump-meme-coins-580-surge-stirs-market-is-idegen-the-next-gem/
