Biden's odds of withdrawing from the presidential election soared and the price of Jeo Boden Meme coin (commonly known as BODEN) fell!!

Biden's odds of withdrawing from the presidential election soared: According to data from the decentralized prediction market platform Polymarket, bets on US President Joe Biden's withdrawal from the election have exceeded $7 million. After the first debate of the 2024 US presidential election with Donald Trump, the odds of Biden withdrawing from the election have soared to 38%. This means that the market believes that there is a high probability that Biden will withdraw from the election.

Jeo Boden Meme coin (BODEN) price fell:

According to Dexscreener market data, Biden concept MEME coin BODEN fell by 43.07% in 6 hours and 34.33% in 24 hours. The current quote of Biden concept MEME coin BODEN is $0.08853, showing a clear downward trend.

Comprehensive analysis and induction: The surge in Biden's odds of withdrawing from the election may be related to the market's expectation that Biden will perform poorly in the election, especially after the first debate with Trump, this expectation may have been strengthened. The price drop of Jeo Boden Meme Coin (BODEN) may be related to the uncertainty of Biden's election prospects. Since the coin is associated with Biden's political performance, the uncertainty of Biden's election prospects may have led to a decline in market confidence in the coin, triggering a price drop.

In summary, the surge in Biden's odds of withdrawing from the presidential election and the price drop of Jeo Boden Meme Coin (BODEN) both reflect the market's concerns and uncertainty about Biden's election prospects. However, the specific impact of these market phenomena requires further observation and analysis.