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Countdown to iDEGEN’s listing begin as XRP, Solana bullish trend stalls

Countdown to iDEGEN’s listing begin as XRP, Solana bullish trend stalls

The world is filled with excitement over the new year and crypto investors have more than one reason to be thrilled. In addition to the highly anticipated Bitcoin-led bull run, meme coin enthusiasts are keen on iDEGEN’s listing slated for 1st January 2025. 

The success of this one-of-a-kind social experiment is rooted on its ability to leverage the power of community and AI. As a result, there has been an overflow of investors seeking to be part of this project before it hits the public shelves. Indeed, the over $11 million raised in five weeks says it all. 

Ripple price chart points to a sustained bullish trend

XRP/USD has had a spectacular year; rallying by close to 240% year to date. Among the contributing factors is the overall bullish sentiment that saw Bitcoin surge past $100,000 for the first time ever. Beyond that, easing pressure from the SEC case and the incoming pro-crypto US administration has also bolstered ripple price in recent months.

However, XRP price has lost its bullish momentum; trading in the red for four consecutive weeks. Since 17th December when it momentarily rebounded above $2.5000, it has dropped by about 23% to trade at $2.0912 as at the time of writing.    

Even with the decline, the fundamentals remain steady. Investors are hopeful of a crypto-friendly environment under Donald Trump; an aspect that will further fuel the highly anticipated bull run of 2025. Besides, Ripple’s heightened adoption for cross border payments is set to boost its price in coming months. 

A look at its daily chart shows it holding steady above the medium-term 50-day EMA although it has dropped below the short-term 20-day EMA. As such, it will likely be range-bound in the short term, holding steady above the crucial support zone of $2.0000. 

Meme coin enthusiasts start count down to iDEGEN’s listing

It has been 5 weeks since the launch of iDEGEN; a unique social experiment that has highlighted the limitless potential of the union between artificial intelligence and social media. During this period, over 1 billion $IDGN tokens have been sold; raising more than $11 million. Ahead of the listing slated for 1st January 2025, investors have a 

Unlike most meme coins whose presales are largely governed by their creators, iDEGEN has been operating on the principle of “for the community, by the community”. To start with, the…

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