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    Memecoin Jeo Boden Skyrockets After Donald Trump’s Public Assertion

    Latest News

    • The value of Jeo Boden (BODEN) surged considerably previously 24 hours.
    • Billionaire Donald Trump acknowledged the meme coin in a public look. 
    • The market cap of BODEN memecoin stands at $251 million.

    Jeo Boden (BODEN), a memecoin created from a misspelling of U.S. President Joe Biden’s identify, skyrocketed previously 24 hours after presidential candidate Donald Trump acknowledged the digital asset and talked about it in a public look. 

    As per the info from CoinGecko, the worth of the meme coin jumped virtually 10% previously 24 hours, with a 20.65% surge in buying and selling quantity. The market capitalization of the memecoin stands at $251 million.

    Notably, former US President Trump hosted the Trump Playing cards NFT Gala for holders of the digital assortment pioneered by the billionaire at his Mar-a-Lago resort in Palm Seaside, Florida. On the occasion, the truth TV star was requested in regards to the BODEN meme coin by a fan, who described the token to him. 

    “I don’t like that funding,” Trump mentioned in response to the sudden query requested by the fan. It is very important notice that the meme coin peaked at $0.426 previously 24 hours and, on the time of writing, is buying and selling at $0.3527.

    In a current assertion, Trump hinted at assist for Bitcoin (BTC) and cryptocurrencies, which got here as a shock for the digital asset group for the reason that billionaire is a Republican who is understood to be staunch critic of digital currencies. Moreover, Trump can be a robust critic of the central financial institution digital forex (CBDC) and has vowed to place an finish to the Federal Reserve’s plans for a digital greenback if elected president.

    See also  Cambridge Bitcoin Power Consumption Index lowers estimate by 14%, revises methodology

    Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version isn’t answerable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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