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Cryptocurrency News Articles
AI Crypto Projects Boom as Investors Show Interest in the Sector
Feb 21, 2025 at 05:41 am
As the artificial intelligence industry booms, more investors are showing interest in AI crypto projects. In fact, the sector has grown several folds to a market cap of $29 billion as seen on CoinGecko.

Artificial Intelligence, Cryptocurrency, iDEGEN, Meme Coins, Ripple, Solana, XRP, XRP ETF, XRP Price
As the artificial intelligence industry booms, more investors are showing interest in AI crypto projects. In fact, the sector has grown several folds to a market cap of $29 billion as seen on CoinGecko.
Fartcoin and AI16z, both launched in October 2024, are some of the newbies in the market that have grown to a valuation of over $300,000. iDEGEN, the uncensored AI agent, is set to capitalize on this boom.
Meanwhile, Ripple remains one of the top-performing crypto majors as more entities file for XRP ETFs. With a crypto-friendly US administration and increased global adoption, Ripple price is set for a breakout.
Ripple ETFs expected to yield an XRP price breakout
Ripple remains one of the top-performing crypto majors as more entities file for Ripple ETFs. In recent days, SEC acknowledged receiving proposals from Grayscale, Bitwise, and CoinShares. Cboe BZX Exchange is the latest to join the list after filing its proposal to list WisdomTree XRP Fund.
Investors are optimistic of the approval of these filings under the leadership of pro-crypto SEC Chair, Paul Atkins. Coupled with the friendly environment harnessed by President Trump and the expected surge in Ripple adoption, the crypto is set for a breakout in the ensuing months.
At its current level, the bulls are gathering enough momentum to break the resistance at $2.7450. If successful, the next target will be at $2.9100. This thesis will remain valid for as long as the crypto remains above the crucial support zone of $2.3357.
iDEGEN set for 100x growth as it positions itself in the looming US-China AI supremacy battle
Even before hitting the public shelves on 27th February, iDEGEN is already stirring the waters in the AI meme space. Since its launch in November 2024, it has raised more than $23.9 million from over 25,000 holders.
Since its inception, iDEGEN’s creators have been keen on introducing developments that will set it apart from its competitors for the good of its holders. For instance, the AI agent started on a black slate and relied on crypto degens on X to learn, adopt, and tweet.
The community took it upon itself to raise it and shape it as it desired. It is this engagement that bolstered the project’s virality; a necessary component of a successful meme coin. The hype had it trending in both the US and the UK.
Besides, its V2 and V3 upgrades have expanded iDEGEN’s reach. It has gone on to integrate the ultra-popular DeepSeek; strategically positioning itself in the looming US-China AI supremacy battle.
Additionally, there are rumors of a listing on Binance. Whether or not this will materialize, iDEGEN has the potential to record 100x growth in the coming months. Hurry up and buy iDEGEN here.
Solana price readies for recovery on the back of the filed ETFs
In one month, Solana price has plunged by about 40% amid the risk-off mood that recently swept across the cryptocurrency market. However, it is set for recovery as more companies seek SEC’s approval for Solana-based ETFs. This includes forms like Bitwise, Canary, and VanEck.
With an RSI of 33, it is bordering the oversold territory. Besides, the indicator is facing upwards; hinting at a rebound.
At its current level, the bulls are defending the support at $167.34 as they gather enough momentum to break the resistance at $186.21. It may remain within this range in the near term as the death cross pattern remains in place. However, with improved market sentiment, Solana price has the potential to rebound to the 50-day EMA at $205.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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