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.