Bitcoin and XRP Prices Steady as iDEGEN fires on all cylinders

This week has been interesting for crypto enthusiasts with Trump’s presidency being at the center of the developments. The hype surrounding the US first family’s PolitiFi tokens and the subsequent surge in the bullish market sentiment bolstered Bitcoin price to a fresh all-time high on Monday. 

However, BTC/USD and other cryptos have since pulled back as interest in the PolitiFi tokens fades and market volatility eases. Even so, iDEGEN remains steady. Notably, the project’s resilience is founded on its appeal beyond its virality. It bears immense potential to revolutionize the AI meme coin space and broader crypto market.

Bitcoin price pulls back as interest in PolitiFi tokens fades

On Friday last week, the US president launched his meme coin, $Trump. In less than 24 hours, feverish buying among meme coin enthusiasts had the crypto’s market cap surpass $5 billion. 

Two days later, the US first lady, Melania Trump launched $Melania. As the hype surrounding this meme coin eases, its value has dropped from $2.21 billion on Monday to a market cap of $756.59 million. Besides, over the past 24 hours, its price has dropped by 8.84% with its trading volume falling by 72.71% during this timeframe.

Similarly, as at the time of writing, $Trump was at a market cap of $8.32 billion with its trading volume down by 40% over the past 24 hours. Indeed, this is a significant drop from the $14.30 billion market cap recorded at the start of the week. 

Evidently, the Trump wind that propelled Bitcoin to a fresh all-time high of $109,026.02 isn’t strong enough to sustain it there. At the time of this publication, the crypto major was at $104,969.82 as the bulls strive to break the resistance at around $106,500. 

In the short term, BTC/USD will likely continue to find support at $102,090 as a crypto-friendly US administration strengthens the bullish sentiment. With more buyers riding the wave, the bulls may gather enough momentum to break the resistance at $106,500 to the next target at $108,080. On the flip side, a corrective pullback past the current trading range may have it finding support at $99,700.

Storm sweeping across new meme coins leaves iDEGEN untouched

The highly volatile $Trump and $Melania coins remain subject to the all-so-common pump and dump wave in the absence of a fresh catalyst. Indeed, the tokens are in consolidation as meme coin enthusiasts look past the recent swearing in ceremony.

As the dust settles, crypto majors and meme coins alike are recording corrective pullbacks. For instance, Solana, which largely benefitted from the launch of $Trump, is down from the new all-time high it hit on Sunday at $295.83 to $262.53 at the time of this press release. Similarly, DOGE/USD was down from the 6-week high it reached on Saturday at $0.4350 to $0.3627.

Amid this storm, iDEGEN has continued to thrive. With slightly over a month left before its listing, the project has raised over $17.65 million in its unique presale auction. Besides, about two months since its launch, its toke price has increased from $0.0001 to $0.0133. 

Notably, its pricing model is one of the aspects that continue to fuel its appeal among everyday investors and monied individuals alike. In most cases, the creators come up with random figures that do not necessarily match the project’s value or demand 

In comparison, $IDGN’s token price moves on the principle of transparency. In the initial phase of its auction, the dynamic pricing model ensured that the token’s price moved in tandem with its demand. 

The project has since shifted to a stage-based model ahead of its listing on 27th February. The team justified this move on X stating, 

“While the dynamic auction has been well received, we’ve heard your feedback, and know some of you are concerned about price manipulation and bad actors pushing prices up with small SOL buys. It’s believed that the price manipulation was aimed at driving the listing price as high as possible. To fix this, we’re making things simpler so its easier for everyone to track the presale and make better decisions”. 

The shift further proves that iDEGEN is keen on transforming the AI meme coin space without dismissing its community in the process. It is this reliability that has attracted the over 20,000 holders to the project. With close to 12,000% in returns, these early adopters are already sitting on hefty profits. 

Read more on how to buy iDEGEN token.

Ripple price holds steady above $3 on investor confidence

Ripple price chart by TradingView

Ripple price has been trading above the crucial level fo $3 since the beginning of the week. The rallying has been fueled by the swearing in of a pro-crypto US president and the subsequent surge in investor confidence.

President Trump, who has evolved into a supporter and investor of crypto is expected to create and sustain an environment upon which the digital assets will thrive. Indeed, two days after returning to the Oval Office, he is already lowering the regulatory barriers.

Acting SEC Cair, Mark Uyeda has launched a crypto task force meant to develop a clear and detailed regulatory framework for cryptocurrencies. This approach is different from Biden’s administration which included an “anti-crypto” SEC Chair, Gary Gensler. 

Seeing that Ripple price was largely burdened by regulatory struggles during the past government, it is set to continue on its uptrend on the back of heightened investor confidence. In the short term, the range between $2.82 and $3.40 will be worth watching. 

 

 

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Solana Set New All-Time High as TRUMP-Fuelled Rally Spurred Price Growth

  • Solana set a new all-time high of $295 as euphoria around the TRUMP memecoin spurs bullish interest.
  • The network token rose over 20% on Saturday, Jan. 18 as on-chain trading volume reached $27Bn.

Solana’s network token, SOL, rallied to a new all-time high of around $295 following a spike in on-chain trading activity, which succeeded the announcement of an official TRUMP token late Friday, Jan. 17.

Around 9:44 PM EST, President-elect, Donald Trump, tweeted the new memecoin from his official X account.

While initial buyers were cautious, thinking the announcement to be a result of hackers, crypto sleuths soon discovered the launch to be legitimate. Funds began to flow into the token 1 – 3 hours post-launch.

The memecoin’s legitimacy, fuelled by Trump’s popularity in the crypto space and his political position, drew traders who transacted a total volume of around $27Bn over the 24 hours after the token’s launch.

Solana price action

Solana rallied from $219.53 on Saturday morning to a high of around $290 on Sunday morning. However, the price did not close above the previous all-time high on the daily time frame.

Price fell slightly from the new all-time high Sunday afternoon as open interest levels on Binance declined.

SOL’s price has begun to recover and trades at $264.32 as of publishing.

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Dogecoin eyes the $0.40 resistance level as market rebounds

Key takeaways

  • DOGE is up 5% in the last 24 hours and could surge to the $0.40 resistance level soon.
  • iDEGEN’s presale approaches $16.5m.

DOGE hits $0.36

DOGE, the native coin of the Dogecoin ecosystem, is one of the best performers among the top 10 cryptocurrencies in the last 24 hours. The coin is up 5% as the broader market rebounds.

At press time, the price of Dogecoin stands at $0.3614 and could rally higher in the near term. Following the liquidity clearance of around $0.308 earlier this week, DOGE had renounced excellently and could target external liquidity above $0.40 soon. If the market conditions persist, DOGE could test the resistance level at $0.40070 in the coming days. 

What is iDEGEN?

The crypto market has recovered excellently following Monday’s dip. With Bitcoin and other major altcoins rallying, the total crypto market has recently increased.

Funding into new projects hasn’t halted as iDEGEN and other promising projects continue to attract investors. 

iDEGEN is an exciting project that merges the AI and memecoin ecosystems, ensuring investors take advantage of both. In their whitepaper, the team explained that iDEGEN is a meme project that leverages the benefits of AI to create the next billion-dollar memecoin. 

As an AI tool, iDEGEN learns, evolves, and adapts by leveraging community feeds on X. While iDEGEN is powered by AI, degens ultimately raise the tool. 

$IDGN will be a memecoin with exciting utility to the community. The team will launch its native token as a memecoin thanks to the massive adoption of this narrative in recent years. In 2024, the memecoin space grew from a $20 billion market cap to $120 billion, representing a 500% growth within 12 months. It is the second-best performing narrative in the crypto space, only behind AI. 

With iDEGEN combining the two strongest narratives (AI and meme) in the crypto ecosystem, it could become one of the best performers in 2025 once it launches on exchanges in February. 

The iDEGEN tool has a simple working mechanism. Users feed the tool their data through tweets, tags, and comments. It absorbs the post and adds it to its knowledge base; that’s how it learns. Furthermore, the tool posts on X every 60 minutes and can generate and post memes. 

Learn more about the iDEGEN project here.

iDEGEN’s presale to end in February, team raises over $16 million

The iDEGEN presale is approaching $16.5 million fast, with over 1.4 billion $IDGNE tokens sold. Currently, $IDGN is going for $0.01, with the price set to increase to $0.011 in the next stage. In the last presale stage, $IDGN will go for $0.038, giving early investors a massive ROI before the token launches on exchanges. 

According to the iDEGEN team, the presale will last 41 more days before the token launches on centralised and decentralised exchanges. $IDGN currently has over 19,000 holders with an accumulated 8,991% return on investments. 

Why invest in the iDEGEN presale today?

Investors are excited about the incoming Trump administration, which could result in another Bull cycle. Last year, memecoins and AI tokens outperformed other narratives, and this could repeat itself this year.

iDEGEN is one of the projects combining these narratives. The project is still in its presale, which means investors can purchase the tokens at possible discount prices before $IDGN lists on exchanges. 

$IDGN will list on February 27, once the presale is over, and could deliver excellent gains to early investors thanks to its AI and memecoin combination.

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Weekly Price Analysis: Prices Decline on Risk-Off Sentiments

  • Cryptos trended lower last week, driven largely by risk-off sentiments on newly released Fed meeting notes and economic data.
  • The Fed expressed caution around inflation, especially as Trump’s policies will kick in after his inauguration on Jan. 20.
  • Meanwhile, spot crypto ETFs logged outflows from Wednesday, Jan. 8.

Bitcoin

Bitcoin’s price logged a negative week falling from a high of $102,733 to a low of $91,188 before eventually closing at $94,547.

Technical analysis shows a break above the last lower high and a push back down into the H4 demand zone, which means that although the price took a bearish turn, it is still in overall bullish territory.

Much of this bearish sentiment is driven by bleak economic expectations. The Fed meeting minutes, released on Jan. 8, showed that the reserve bank is cautious about inflation it expects will follow Trump’s policies.

As such, the likelihood of continued rate cuts has dwindled, with some analysts seeing an end to cuts early this year. The market’s reaction reflects this updated risk-off sentiment.

Bitcoin’s open interest chart shows a decline in open contracts between Wednesday and now. Open interest hit a weekly high on Tuesday at $18.16Bn on the CME, fell to a low on Thursday ($16.55Bn), and mellowed out the rest of the week.

Meanwhile, spot Bitcoin ETFs logged outflows after the release of the Fed’s meeting minutes on Wednesday. Outflows totalled $718.20Mn while inflows totalled $1.03Bn.

Outlook

Bitcoin’s price currently hovers around the bottom of the demand zone. If it breaks below, price could be pushed down to $85,100 where a fair value gap could act as support.

BTC trades at $91,622 as of publishing.

Ethereum

Ethereum’s price also logged a negative week, falling from a high of $3,744 to a low of $3,157 before closing at $3,236. ETH price action tested March 2024’s high of $4,089  in early Dec 2024 but failed to break above and has been logging lower lows since.

Open interest dropped from a Jan. 7 high of $3.50Bn and continued to decline until it was $2.63Bn as of this publication.

Meanwhile, Ethereum spot ETFs logged a weekly net outflow of $186.00Mn following risk-off sentiments in the market.

Outlook

As Ethereum’s price continues to trend lower, the next technical level that could provide support is the fair value gap at the $2,893 price level.

ETH trades at $3,071 as of publishing.

Solana

Solana’s price fell from a weekly high of $223 to a weekly low of $181 before eventually closing at $188, logging a total loss of 12.53%. SOL continues to trend lower after failing to close above its all-time high of $260.

Open interest data shows a steep fall from $1.89Bn on Binance on Jan. 7 to $1.58Bn on Jan. 10. As of this publication, OI levels have improved to $1.63Bn.

Outlook

The next technical support zone is at the $164 price level. However, although the order block is a support, it is a poor low that could be taken out even if price reverses from that zone.

SOL trades at $176 as of publishing.

Ripple

Ripple’s price fared better last week, closing higher at $2.55 from $2.38 at the start of the week as price continued to log higher highs. Zooming out, the price continues to range between $1.90 and $2.90 as the market cools.

Open interest rose on Bitget, the exchange with the highest XRP derivative trading volume, over the last week, supporting upward price movement as positive news around Ripple’s case with the SEC boosted sentiments.

Outlook

Ripple’s price is buoyed by news around the SEC’s lawsuit against its parent company, a case which could be thrown out with the outgoing administration.

However, technical analysis shows that XRP trades at a premium and a pullback is expected. The most likely levels are the fair value gap at $1.75 and the order block at $1.46.

XRP trades at $2.37 as of publishing.

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KStarCoin and Quant traders discuss the benefits of switching to 1Fuel for better ROI

KStarCoin and Quant traders, in their bid for a higher return on investments, highlighted the need to join the 1Fuel presale. 

1Fuel, a soon-to-be-launched token that is making waves in the cryptocurrency space due to several feats, such as its unique functionalities and its impressive presale performance. 1Fuel has raised over $1.15 million in its just concluded second stage of presale. 

KSC and QNT, prominent tokens among other top cryptocurrencies, seem to have lost their luster as they have failed to make headway. 1Fuel is emerging as one of the best options, with some analysts predicting it has the potential to reach a 100x return on investment upon launch. 

The struggling of KSC 

Between November 10, 2023, and December 10, 2023, an interval of one month, KStarCoin (KSC) rose by over 1,011% from a price of $0.0002 to $0.00194, as seen on the TradingView chart, astonishing investors and making a name for itself as a top cryptocurrency. 

Investors looking to get in on the best cryptocurrency investments placed long bets on KSC hoping it would replicate its earlier success.  However, it has been struggling, unable to meet up with investors’ expectations. 

KStarCoin (KSC) currently trades at $0.000096 a range it has been hovering for months. Investors’ patience has died out and they are looking for better options. 1Fuel, the next best cryptocurrency investment, is their go-to as it offers a potential of up to a 100x return on investment. 

QNT’s bearish movement 

During the 2021 bull run, QNT climbed from its all-time low of $0.164 to an all-time high of $428 in November 2021, a remarkable 2600x increase according to CoinMarketCap establishing itself as one of the best cryptocurrency investments of that period. 

This impressive performance prompted many investors to funnel their funds into QNT. However, for this current bull run QNT has barely reached 2x of the November 2024 price and has been struggling to break even. 

QNT now trades at $104 with no support to keep it from falling. This among several negative sentiments in the market has prompted investors to look at 1Fuel presale for better return on investments. 

1Fuel is a top crypto choice for 2025

1Fuel has become the center of attention and talk of the crypto community, largely due to its upcoming wallet, expected to make a mainstream debut in 2025 according to its roadmap. 

Analysts and insider sources suggest that in addition to its listed features—particularly one-click cross-chain compatibility and a unified gas payment system—the team is developing even more innovative features slated for release after launch.

The combination of these advancements and yet-to-be-revealed crypto innovations makes the prospect of a 50x rally for 1Fuel an undervalued expectation.

As the ultimate crypto wallet, it’s designed to cater to every crypto user’s needs. From quick on-chain trading and long-term investments to everyday crypto purchases and seamless multichain transactions, analysts say the wallet will revolutionize the way crypto transactions are conducted once they hit the market.

Conclusion

The struggle of KSC and QNT to deliver returns has left investors frustrated and searching for better alternatives. 1Fuel comes in to save the day as a token with impressive presale performance and a potential of up to 100x return on investment. 

Just like KSC’s and QNT’s investors, other investors who are looking for a top cryptocurrency investment in 2025 should consider 1Fuel. 

Selling for an undervalued price of $0.015/token, 1Fuel is poised to deliver returns other tokens could only dream of. 

To Find Out More About The 1Fuel Presale, Use The Links Below:

Website: https://1fuel.io/

Telegram: https://t.me/Portal_1Fuel

Twitter / X: https://x.com/1Fuel_

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