Biden-themed Meme Coin Surges 70% As Latest Polls Emerge 

A meme coin inspired by U.S. President Joe Biden has surged over 70% today, reaching a market cap of $324 million. 

Jeo Boden (BODEN) is a satirical Solana meme coin that mocks Biden’s public persona and policy views.  It features a website showing crude parodies of the U.S. president and heavily utilizes the Comic Sans font in its presentation, incorporating various memes. It also has a Trump-inspired counterpart called Doland Tremp (TREMP).

Launched nearly a month ago, BODEN has surged almost 2,000% since its launch, mainly driven by the buzz around the upcoming U.S. Presidential election and the ongoing meme coin craze on social media.

Like its counterpart TREMP, BODEN seems to rally every time there are any major developments in the U.S. election. Today’s surge is largely attributed to the news of Donald Trump leading Joe Biden in six states, as shown by the latest polls. Biden previously won a majority of the swing states in 2020. 

Following this report, the TREMP meme coin also gained over 23% today. The market trends indicate that meme coin enthusiasts will likely continue to bet on these ‘knockoff’ tokens until the U.S. election in November.

With this rally, BODEN is the largest gainer in the meme coin market token, as other leading tokens continue to see liquidation. 

Follow Us on Google News
RECENT NEWS

Ether Surges 16% Amid Speculation Of US ETF Approval

New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more

BlackRock And The Institutional Embrace Of Bitcoin

BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more

Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business

Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more

NFT Market Sends Mixed Signals: Buyers Show Up, But Spending Is Down

Sales are down, and purchases are up in the non-fungible tokens (NFT) market. Over the past seven days, CryptoSlam has s... Read more

Ethereum To Achieve Instant Finality? Vitalik Buterins Roadmap Aims To Silence Critics

Ether had the worst first quarter in seven years regarding price action. Nevertheless, the Ethereum platform continues t... Read more

New DeFi Platforms Emerge As Stock Markets Turn Chaotic

The crypto community embraced President Trump and was rewarded with anti-regulatory policies. However, the trade war, fe... Read more