Artificial intelligence has already driven the US tech stocks up significantly over the past 12-14 months, but Wedbush Securities senior analyst Dan Ives is convinced the tailwind will unlock further upside moving forward.
In fact, the AI-driven tech bull market is only halfway through at writing, he argued in a recent interview with CNBC.
And as the bullish momentum surrounding artificial intelligence continues, it’s reasonable to believe that not just equities but the AI-enabled meme coins could command a higher price tag as well.
Such tokens include the up-and-coming iDEGEN.
AI capex signals upside in iDEGEN meme coin
Dan Ives is fully convinced that up to $3.0 trillion will be spent on artificial intelligence over the next three years.
Such a broader narrative could make a bunch of retail investors in search of the next explosive rally choose to park part of their capital in iDEGEN. Why? Because meme coins are known to rally hard in their initial phase.
While there’s significantly more risk involved, if picked right, meme coins like iDEGEN could offer returns that far beat ones associated typically with equities.
Plus, the AI enabled meme coin is priced at $0.038 only at writing. So, there’s hardly any capital restriction for those interested in building a position in iDEGEN.
That’s part of the reason why iDEGEN presale has raised more than $17 million already. You can find out way to participate in this meme coin’s presale on this link.
iDEGEN is attractive ahead of Trump’s inauguration
What makes investing in iDEGEN all the more exciting currently is that the AI tailwinds are not the only ones that are expected to lift its price moving forward.
Being a cryptocurrency, it also stands to benefit from the bullish momentum that’s building in the crypto market at large ahead of Donald Trump’s inauguration on January 20.
Trump is expected to pass executive orders to make crypto a priority on the very first day of his return to the White House. More broadly, the President-elect wants to make America the crypto capital of the world.
The incoming government’s seal of confidence has been translating to capital inflows in cryptocurrency. And if it continues following Trump’s inauguration, it’s conceivable that some of that capital may also land in iDEGEN – especially considering that it offers exposure to AI as well.
Now is particularly a good time to invest in iDEGEN as it’s yet to list on a crypto exchange. So, building an early position will likely help you benefit from that pending surge in iDEGEN price.
Click here to learn more about iDEGEN before finalising your decision of investing in this AI enabled meme coin.
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