Although cryptocurrencies gave back much of the gains seen earlier this week as markets rallied ahead of President Donald Trump’s inauguration, analysts remain confident about the potential for a renewed breakout for Bitcoin (BTC) and major altcoins.
Over the past 24 hours BTC tested support just above $100,000, while Solana held above $230 after a double-digit pullback. What are the outlooks for BTC and SOL — and what might this mean for iDEGEN (IDGN), an AI-agent crypto project that has raised more than $17.4 million during its presale?
Bitcoin and Solana retreat after Trump’s inauguration
On January 20, the day Donald Trump was sworn in as the 47th President of the United States, Bitcoin climbed to a new all-time high near $109,000. That rally, however, was overshadowed by a dramatic surge in Trump-themed meme coins.
OFFICIAL TRUMP (TRUMP) and Official Melania (MELANIA) rocketed so rapidly that their market caps briefly placed them among the top 100 crypto projects. Despite bullish expectations, those meme tokens fell back over the following 24 hours, with TRUMP down more than 30% at the time of writing.
Trump’s inauguration — which included no remarks about cryptocurrencies — helped trigger a pullback across many altcoins. Bitcoin gave back gains and dipped to a low of $100,101. Solana retreated to $231, losing momentum after reaching an all-time high of $294 on January 19. Interestingly, SOL’s advance coincided with market dominance by the TRUMP and MELANIA meme tokens.
Price outlook for SOL and BTC
Crypto analyst DonAlt has suggested that any executive actions related to Bitcoin could propel BTC to fresh all-time highs. He highlighted that Bitcoin’s ability to hold above $100,000 despite downward pressure is an important indicator of market resilience.
Other analysts forecast that SOL could surge to a new all-time high if buyers can push it above $245.
What is iDEGEN?
Beyond meme coins, another crypto segment that has attracted significant attention in recent months is AI agents. iDEGEN stands out as one of the projects seeking to lead in this space, with its presale and AI-agent concept gaining strong momentum.
iDEGEN began with a pre-market auction before shifting to a tiered presale structure for its IDGN token. Both approaches drew rapid community support, with funds raised quickly surpassing $10 million.
iDEGEN price predictions
While several AI-agent projects compete in the same category, iDEGEN emphasizes a distinctive “degen-shaped” approach. The project’s agent, which reportedly had uncensored access to interactions and training via X, has faced moderation issues on that platform.
However, those moderation actions appear to have increased the project’s profile rather than diminish it. IDGN rose to $0.0121 and is projected to reach $0.0133 in a subsequent presale stage. If iDEGEN secures listings on major exchanges, the token could trade around $0.038, implying potential upside of roughly 214% from current levels.
So far, early participants who joined the presale at launch have seen extraordinary gains, with headline figures claiming increases of up to 10,900%.
Where IDGN trades once it launches on the open market will depend on multiple variables, including overall market conditions. As noted in the project’s update, the IDGN presale is scheduled to end on February 26, with planned exchange listings beginning on February 27.
To learn more about iDEGEN and its presale, visit the project’s official website.