The crypto market is expected to record a significant bull run in 2025, with Donald Trump's return to the Oval Office being the main bullish trigger to watch in the short term. In fact, it boosted major currencies like BTC and Solana while also prompting more savvy investors to look for opportunities in fresh meme coins such as: Idegen.
As the first pro-cryptocurrency US president, analysts and investors alike expect his administration to enact favorable policies soon after taking office. In fact, he is not only a cryptocurrency advocate, but also an investor in the field. On Friday, the sitting president launched a meme coin on the Solana network. At the time of writing, it is trading at $23.08, giving it a market capitalization of $4.61 billion.
Based on CMC’s Altcoin Season Index, the current level 49 is still Bitcoin season. But smarter investors are shifting their attention to alternative coins, with AI meme coins leading the way. Top of the list is iDEGEN. It is a unique social experiment with unparalleled potential.
Newly launched $TRUMP pushes Solana price to 6-week high
SOL/USD rose to a six-week high on Saturday after Donald Trump’s meme coin $TRUMP was launched on the Solana network.
Over the years, Trump has transformed from a crypto critic to the first pro-crypto U.S. president and now the owner of a meme coin. His inauguration is scheduled for January 20th, and crypto enthusiasts are confident that he will foster an environment conducive for digital assets to flourish.
In fact, there are reports that President Trump may soon issue an executive order making cryptocurrencies a national priority. This positive sentiment pushed the crypto fear and greed index to a greed level of 75 from last week's neutral level of 50. Binance.
Bitcoin then hit a one-month high on Friday, with altcoins such as Solana benefiting from the rally. Looking at the daily chart of SOL/USD, a bullish golden cross has formed, indicating further upside.
With an RSI of 68, the altcoin is approaching overbought territory. Therefore, $225 and $209.90 are noteworthy support levels that could mark a correctional pullback. On the upside, bulls will be keen to break out of the $247 resistance and retest the November 2024 all-time high of $263.
Explosive growth potential to keep iDEGEN viral
The crypto market is expected to post a significant rally in 2025, with the US crypto-friendly administration, increased adaptability, and strategic reserves supporting the sector. So smart investors understand that the real opportunity lies in finding the next big thing while it's still in its nascent stages.
iDEGEN, a social experiment that is revolutionizing the AI meme coin space, is one of the projects that is catching the attention of investors. In fact, it's already raised more than $17 million even before it hit store shelves. A steadily growing number of meme coin enthusiasts are collecting $IDGN tokens ahead of the listing on February 27th. In fact, existing holders have already made huge profits with a gain of 9,900%.
For those looking for a cheaper alternative with maximum profit potential, iDEGEN is perfect. In addition to harnessing the power of artificial intelligence, it has no limitations and relies solely on the community to learn and adapt. These three factors have led to its virality, with over 1400 $IDGN tokens already sold.
When President Trump returns to the Oval Office, the opportunity to jump on this bandwagon is inevitable. Fartcoin and ai16z, the AI meme coins launched in October 2024, have already reached a market capitalization of over $1 billion. Due to its immense potential, iDEGEN will compete with such projects in the coming months.
Click here for details Click here for Idegen.
Bitcoin price hits a one-month high before Trump takes office
On Saturday, Bitcoin price held steady above the psychologically important level of 100,000, after falling below the support zone of 90,000 earlier in the week. At the time of writing, the cryptocurrency giant was trading at $104,592 as markets reacted to the launch of Trump's meme coin two days before Trump's swearing-in.
Looking at the daily chart, we can see that the price is above the 20-day EMA and 50-day EMA, indicating that the bullish trend continues. However, with the RSI at 64, the cryptocurrency is approaching overbought territory.
At current levels, the bulls are trying to break out of the $106,145 resistance. If successful, Bitcoin price is likely to retest its all-time high set in mid-December 2024 as the bulls gain further momentum and reach a new record high of $110,000.
Conversely, if it reaches overbought territory, it could find support at $102,090. Below that level, $98,500 would be a notable level.
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