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Cryptocurrency News Articles

Bitcoin (BTC) Surges to an Unprecedented All-Time High (ATH) of $109,350 Amid Donald Trump's Inauguration Excitement

Jan 20, 2025 at 09:10 pm

Bitcoin (BTC) has surged to an unprecedented all-time high (ATH) of $109,350 on Monday, January 20, 2025.

Bitcoin (BTC) Surges to an Unprecedented All-Time High (ATH) of $109,350 Amid Donald Trump's Inauguration Excitement

Bitcoin (BTC) price today hit a new all-time high (ATH) of $109,350 on Monday, January 20, 2025, amid broader cryptocurrency market gains and excitement building around Donald Trump’s inauguration as the 47th President of the United States.

The flagship cryptocurrency rose over 6% in early Asian trading, surpassing its previous ATH of $108,000, set in December 2024.

At press time, Bitcoin is trading at $107,518 after touching the new ATH. The recent momentum of cryptocurrency has been largely attributed to optimism surrounding Trump’s pro-crypto policies.

Bitcoin’s New ATH: $109,000 ?Heading towards $150,000 very soon! $BTC #Bitcoin #Altcoins

During his campaign, the president-elect frequently voiced his support for digital assets and proposed establishing a national Bitcoin reserve to bolster the country’s financial strategy.

The broader crypto market also experienced substantial gains alongside Bitcoin’s rally. Ethereum (ETH) price increased by 6% over the last 24 hours, reaching nearly $3,400. XRP price surged by 7%, hitting $3.31, while Chainlink (LINK) led the gains with a 15% spike to $26.50.

The global cryptocurrency market capitalization currently stands at $3.71 trillion, marking a 3.69% increase over the past day. Additionally, the total crypto market trading volume surged by 69.80% to $370.66 billion, indicating heightened market activity.

iDEGEN Token in Focus as BTC’s ATH Sparks Market Excitement

While Bitcoin grabs headlines, iDEGEN Token has emerged as a standout player in the crypto landscape. This innovative project has gained popularity for its unique AI-powered model and a dynamic presale strategy.

At the heart of iDEGEN Token lies an AI system, described as a “sentient, degenerate memelord.” This advanced AI interacts in real-time on X, adapting and learning from mentions, tags, and comments to create an engaging and ever-changing experience for its users.

Since the launch of its presale on November 26, 2024, iDEGEN Token has raised an impressive $17,271,471.9. The presale’s success can be attributed to its unique pricing mechanism, which adjusts token prices every five minutes. If no purchases occur within a five-minute interval, the price drops by 5%. However, consecutive purchases trigger a 5% price increase. This innovative approach creates an engaging and interactive environment, attracting seasoned investors and newcomers alike.

To date, the iDEGEN Token presale has sold 1.478 billion tokens, garnered 20,145 holders, and delivered a staggering 10,900% return for early investors.

With $IDGN token prices reaching $0.0121 and an impressive funding milestone, the project has cemented its position as a rising star in the AI-driven crypto space.

iDEGEN Token Expands Beyond X with V2 and V3 Updates

The iDEGEN Token team has further capitalized on its momentum by launching a V2 update, expanding its AI system to Telegram’s billion-user platform. This move has broadened its visibility and appeal, ensuring continued growth and engagement.

Moreover, the upcoming V3 update will introduce generative AI video content creation, paving the way for integration into popular platforms like TikTok and Instagram Reels.

The project’s innovative features and strategic expansions have established its reputation as a forward-thinking and disruptive force in the cryptocurrency market. Despite facing challenges such as a temporary ban on X (formerly Twitter), iDEGEN Token demonstrated resilience, with its presale pumping significantly to reach $17 million.

Investors are eagerly awaiting iDEGEN Token’s official debut on exchanges, slated for February 27, 2025. With the presale countdown ticking at 36 days, the crypto community is watching closely as this ambitious project continues to captivate the market.

As Bitcoin leads the charge with its record-breaking ATH, iDEGEN Token’s innovative approach and rapid growth make it a key player to watch in the evolving cryptocurrency landscape.

READ MORE: Ethereum Takes a Backseat as Arbitrum and Layer 2s Surge Ahead

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Other articles published on Jan 21, 2025