The post BlackRock CEO Sets $700k BTC Price Target as iDEGEN Smashes $18.4m Barrier appeared on BitcoinEthereumNews.com.

2025 has started with a bang for crypto traders. From the explosion of TRUMP and MELANIA coin, to FARTCOIN and AI16Z smashing the $2 billion market cap mark, one thing is becoming clear—this crypto cycle is a once-in-a-lifetime wealth generation event.  BlackRock’s CEO—Larry Fink—agrees. In an interview at the World Economic Forum in Davos, he argued that Bitcoin could be set to hit $700,000 amid currency debasement fears. A $700k surge would represent the truly unprecedented supercycle that many renowned market gurus, such as Murad Mahmudov, have suggested was imminent.  Set against this bullish backdrop, AI meme coins are exploding, establishing themselves as the standout runners of this cycle. And perhaps the pick of the bunch, iDEGEN, has now raised $18.4m in an increasingly viral presale. Let’s dive into this rapidly unfolding story. The supercycle is here: Even the establishment knows it Theories of a crypto supercycle had long been seen as fringe beliefs held by crypto-crazed degens, but this latest development shows us how far this narrative has come. When even TradFi powerhouses start aping in, it’s obvious we’re in for a parabolic growth charge.  Fink’s full remarks are as follows:  “If you’re frightened about the debasement of your currency or you’re frightened of the economic or political stability of your country, you can have an internationally based instrument called Bitcoin that will overcome those local fears…and so, I’m a big believer in the utilization of that as an instrument.” $700k BTC would represent true mass adoption, and in such an event, the resulting buying pressure on the wider crypto market would likely be astonishing. That means AI meme coins like iDEGEN, which are demonstrating market-leading interest, could be in for the mother of moonshots in the coming months. iDEGEN: AI gone wrong—or is it? iDEGEN is a case…

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Filed under: News - @ January 27, 2025 8:20 pm