‘Boden’ Memecoin Experiences Surge After Trump’s Mention
The phenomenon of memecoins receiving attention, regardless of how flimsy, continues to hold true. Jeo Boden (BODEN), a comical cryptocurrency token named after a mispronunciation of President Joe Biden’s name, witnessed a significant surge of up to 25% following remarks made by his Republican rival, former President Donald Trump. Trump’s response to a reporter’s query about BODEN during an impromptu press conference at his Mar-a-Lago resort in Florida caused the token’s value to increase. He expressed his disapproval of the investment, stating, “I don’t like that investment,” upon learning about BODEN’s $240 million market capitalization. Although BODEN reached its peak at $0.42, it experienced fluctuations and currently sits at $0.40, still enjoying a 15% rise since Trump’s comment. Trump, who hosted the Trump Cards NFT Gala for holders of digital collectibles bearing his name, mentioned during the press conference that his presidential campaign plans to accept cryptocurrency donations in the future. In response to a question about crypto donations, Trump assured, “If you can’t, I’ll make sure you can.” It remains to be seen how this newfound attention will affect the fate of BODEN.