iDEGEN V3 upgrade to cause an explosion as Bitcoin aims for ATH

2025-1-30 20:41

It remains to be the bitcoin season as seen on the CMC altcoin season index. Amid the heightened market volatility, bulls continue to ride on the optimism of a bull run in 2025 with analysts predicting that the crypto major will rally to $200,000.

However, savvy investors are increasingly looking for cheaper opportunities with AI meme coins being particularly popular. Notably, AI cryptos have gained traction in recent months; bolstering the sector’s value to almost $5 million. 

At the center of this revolution is iDEGEN; a one of a kind social experiment leveraging on fresh innovations while allowing everyday investors to get a piece of the proverbial pie. Indeed, its popularity and growth potential is largely founded on its unique take on “by the community, for the community”. 

Investors’ optimism set to bolster bitcoin price to new highs

Slightly over a week ago, BTC/USD hit a fresh all-time high before the one-week corrective pullback that saw it drop to $97,853.12. It has since reversed some of those losses; rebounding to $105,158.48 as at the time of this publication. Indeed, in the past 24 hours, it has been up by over 3%.

As seen on Binance Square, optimism over the 2025 bull run continues to shape the market activity with a greed level of 70. This positive sentiment will likely propel bitcoin price higher in the near term.

A look at its daily chart shows the crypto trading between the mid and upper Bolinger bands. At its current level, $101,377.75 will likely offer the asset stable support as the bulls strive to break the resistance at $107,488.93 and rally further to a new all-time high. However, a pullback past the lower support zone of $99,437.09 will invalidate this bullish thesis. 

iDEGEN: The crypto equivalent of DeepSeek

Artificial intelligence has morphed into a revolutionary wave and savvy investors are keen not be miss the birthed opportunities. Indeed, the recent DeepSeek sell-off, which President Trump termed as a “wake-up call” for Silicon Valley is an indication that AI is stirring up all sectors.

In the cryptocurrency space, AI meme coins have captured the attention of crypto enthusiasts with tokens like ai16z and fartcoin topping the list. Even more interestingly, there is a unique social experiment that is giving these projects a run for their money. iDEGEN, an AI crypto project launched two months ago has already raised over $18.7 million.

Its absence of guard rails, heightened level of community engagement, and practical pricing model has resulted in a high-value product with immense growth potential. Savvy investors acknowledge this and are rushing to accumulate $IDGN tokens before its listing on 27th February. Already, the over 21,000 early adopters are sitting on hefty profits with unmatched returns of more than 14,500%.

If its past phases are anything to go by, the latest V3 upgrade is set to catapult its popularity and growth to the next level. This social experiment started on a blank slate, depending on crypto degens on X to learn, adapt, and respond. Void of any censorship,the resultant madness prompted two bans from the X platform. 

However, its community, largely consisting of Gen Zs, was undeterred. They had, and still do embrace the project as their own and are keen on taking it to levels never seen before. 

After the V2 update that saw it take over the Telegram frontier, it is set to capture more attention through its video content on sites like Instagram, TikTok, and YouTube. In the next four weeks, it will be interesting to see iDEGEN’s potential unfold. You can buy the iDEGEN token here.

Solana price set for a consolidation phase ahead of a breakout Solana Price

Since reaching a fresh all-time high on 19th January 2025 on the back of Trump and Melania’s PolitiFi tokens, SOL/USD has dropped by close to 20%. As at the time of writing, the altcoin as trading at $237.69 after gaining 3.92% over the past 24 hours. 

After the corrective pullback that cut across the crypto majors, Solana price appears to be finding its footing. A look at its daily chart shows it trading between the mid and upper bollinger bands. 

While the bulls remain in control, the absence of a near term catalyst may have it enter a consolidation phase. More specifically, the range between $225.84 and $247.97 will be worth watching. Beyond that range, the bulls will be looking to break the resistance at $260.92. From this perspective, placing a stop loss at $215.57 is ideal; beyond which this thesis will be invalid. 

  

The post iDEGEN V3 upgrade to cause an explosion as Bitcoin aims for ATH appeared first on CoinJournal.

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