The BODEN cryptocurrency, inspired by President Joe Biden, has seen a huge increase in value of 1,597% in the last 24 hours, following the success of the TRUMP coin associated with former President Donald Trump.
The digital asset known as maga (TRUMP) has seen significant appreciation, while a newer cryptocurrency, jeo (BODEN), has skyrocketed in value by 1,597%, based on data from coinmarketcap.com. In the last 24 hours alone, BODEN has seen a trading volume of $34.
Biden-Inspired BODEN Token Gains Significant Gains After TRUMP Coin's Success
50 million on decentralized exchange platforms such as Raydium and Orca.Bitcoin.com News has previously reported on the increasing value of Donald Trump's cryptocurrency holdings, supported by the significant donation of TRUMP tokens he received. Named after the 45th president, the token has seen a rise of over 400% against the US.
The emergence of the TRUMP token has contributed to the emergence of meme cryptocurrencies associated with famous figures, including the jeo token (BODEN), which humorously refers to the current US President, Joe Biden. According to coinmarketcap.com data, BODEN has risen by 1,597% in Last 24 hours. Although the site displays BODEN metrics, it has not officially included the token in its list. Likewise, coingecko.com and other major cryptocurrency aggregation sites have not officially listed BODEN.
The token's website offers few details, only stating in a joking manner:
Joe Boden is a sincere American leader. The goal is to build a ship, unite those who are divided, and counter Donald Trump's wild claims.
This digital asset that operates on the Solana (SOL) blockchain takes price data from transactions on decentralized exchanges such as Orca and Raydium. Currently, BODEN is not yet featured on any centralized exchange platform. At 15.00 WIB, Wednesday, March 6 2024, the BODEN trading price was at $0.0518 per token. The introduction of BODEN comes amidst widespread interest in various meme tokens, marking a significant increase in demand compared to the previous week. DOGE increased by 46%, SHIB increased by 205%, PEPE increased by 153%, BONK increased by 110%, and WIF appreciated by 173%. Despite this jump, TRUMP's monthly gain was over 400%, with a weekly increase of 17.1%. Since its debut, TRUMP has skyrocketed significantly by 69,850% against the US dollar.
The hype around celebrity meme tokens has gotten so crazy that the Tate brothers have warned people about tokens that use their names and images.
What do you think about the hype surrounding famous people's meme tokens? Share your thoughts and opinions on this topic in the comments section below.
