Solana-based memecoin Joe Boden Surges Past $1 as Traders Speculate About Potential Mention from Trump

Solana-based memecoin Joe Boden has experienced a surge, crossing the $1 mark for the first time and settling at around $0.817. Over the past week, the cryptocurrency has seen a growth of over 170% and over 400% over the last month. Analysts are divided on the future of Joe Boden, with some speculating that it may receive attention from both Democrats and Republicans, including a potential mention from former President Donald Trump, who has shown interest in cryptocurrency. This speculation has fueled discussions on social media about the long-term potential of Joe Boden, with some believing it could even surpass other popular meme-inspired cryptocurrencies. The memecoin market has gained significant traction, with a total market capitalization of over $56 billion, nearly tripling since the start of the year. Despite the lack of government stimulus checks, demand for memecoins has reached its highest point since 2021. The memecoin mania has made meme-inspired tokens outperform Bitcoin on certain exchanges.