Official Trump Crypto Goes Haywire As iDEGEN Hits $17.5 Million

Newly sworn-in President Donald Trump launched an official meme coin this week, going from zero to a near-$15 billion market cap in just 24 hours after launching on Solana.

200,000 normies have now joined Solana, which is up by 25% this week, solidifying the Layer 1’s reputation as the home of memes and arguably the most relevant smart contracts platform out there.

Elsewhere, another project on SOL—iDEGEN—is causing tectonic shifts in the AI meme coin landscape, with its presale hitting a whopping $17.5 million total raise ahead of exchange listings next month. And, with Trump’s token lending legitimacy to its host blockchain, further upside moves could be just around the corner.

Trump time, baby: Solana gets presidential approval

The official Trump meme coin, ticker TRUMP, may have experienced one of the fastest ascents in crypto history.

Launched on 18th January, the token quickly gained momentum, peaking at a market cap just shy of $15 billion the very next day. Price action has cooled off slightly, with TRUMP now trading around the $40 mark, but it retains a market cap of nearly $8 billion, making it the 24th largest crypto by capitalization at press time.

Trump’s choice to launch on Solana rather than Ethereum is seriously bullish for the chain, which is touted to receive ETF approval under a Trump SEC. Bolstered by the Moonshot app, which allows fiat users to instantly purchase meme tokens, Solana is mounting a campaign to dislodge Ethereum as the number one chain for alts and memecoins.

Presidential approval clearly has an impact—TRUMP’s launch led to new all-time highs for the SOL token—and as time goes on, the race for the top Layer-1 spot could seriously heat up this year.

iDEGEN set to pump on Solana bullishness

Another meme coin built on Solana, iDEGEN, has been making waves with its unhinged approach to AI—it’s an AI agent, posting autonomously on socials, trained exclusively by the degens of Crypto Twitter.

iDEGEN has achieved a lot since launching in late 2024—it’s raised over $17 million in presale buys, has been banned twice from X for wild, violent posts, has trended in both the UK and the US, and has now unleashed video content capabilities.

The V3 upgrade builds on V2, which allowed Telegram users to chat with iDEGEN in real-time, and now brings video content to X. Gen Z buyers have already been busy in the order books, and with iDEGEN now speaking their native language, they’re primed to double down.

The agent is now also active on RedNote, the most popular app in the world right now, and as TikTok remains at risk of being banned in the US, it could be carving out a first-mover advantage on the next dominant social media platform. iDEGEN is the first crypto AI agent on the platform, which has over 300 million users, and could be a huge hit in China as a result.

IDGN lists on 27th February: Last chance to get in early

The IDGN presale ends on 26th February, with exchange listings locked in for the very next day—and with macro factors lining up the way they are, an enormous pump could be ignited as soon as the token lists.

Trump’s pro-crypto SEC is likely to produce a rising tide across the whole market, whereas the President’s tacit approval of iDEGEN’s home blockchain, Solana, could produce more targeted gains for IDGN.

Add to this the perfectly timed launch of video content, as well as the project’s continued momentum and $17 million raise, and it’s not hard to see why many are expecting lift-off in late February, when IDGN hits the open market.

The presale is still offering heavily discounted prices, with IDGN priced at $0.0121 for a limited time only—don’t miss the chance to get in early before this rocket takes off.

Visit the iDEGEN website to learn more.