US President Donald Trump reiterated his commitment to making America a leader in emerging technologies as he spoke at the World Economic Forum in Davos, Switzerland.
In particular, his focus currently is on artificial intelligence and cryptocurrencies.
Trump’s broader agenda could prove to be a meaningful tailwind for a bunch of investment assets, including the up-and-coming meme coin, iDEGEN.
Why? Because it’s a cryptocurrency at its core and it uses artificial intelligence to learn from what’s being posted and talked about on social media website X.
iDEGEN could benefit from Trump’s AI initiative
Stargate – a joint venture with SoftBank, Oracle and OpenAI that President Trump announced this week aims at investing billions in artificial intelligence in the US.
Executives have pledged to start with $100 billion and pour in another $400 billion through 2028 to boost domestic computing capacity.
And as the government continues to invest in AI, investors will likely follow suit and park more of their capital in artificial intelligence focused investments.
Some of that capital, particularly from capital restrained investors, could flow into iDEGEN and help the price of its native token climb in 2025.
You can dive deeper and learn more about iDEGEN on this link.
Trump’s crypto executive order could boost iDEGEN
Donald Trump has already signed a crypto executive order only days after his inauguration on January 20.
He has formed a Presidential Working Group on Digital Asset Markets tasked with creating a comprehensive regulatory framework for cryptocurrencies and blockchain technology.
Trump’s announcement reiterates that the overall backdrop will likely be more accommodative of the cryptocurrencies in 2025, which could help unlock significant upside in a bunch of them, including iDEGEN.
The government’s focus will add another layer of legitimacy to cryptocurrencies, potentially inviting more investments into them that could increase the price of iDEGEN over time.
Click here to explore ways to invest in the native iDEGEN token now.
What lower interest rates may mean for iDEGEN
In a recent statement, Donald Trump also announced plans of demanding that interest rates be lowered.
“With oil prices going down, I’ll demand that interest rates drop immediately, and likewise they should be dropping all over the world,” Trump stated.
That’s another commitment which could prove as a tailwind for iDEGEN.
When interest rates are cut, investors typically turn to risk-on assets like cryptocurrencies in search of better returns than savings accounts, and fixed-income investments.
Note that the iDEGEN token is currently priced at $0.0133 only, which means you don’t need a huge sum of money to build a sizable early position in this AI enabled meme coin.
The potential tailwinds have already helped it raise more than $17 million during the presale. You can find out more about iDEGEN on its website.
The post Should you invest in iDEGEN after Trump’s address at the World Economic Forum? appeared first on Invezz
