Токен, основанный на имени президента
США Джо Байдена, вырос на 830% в среду утром при объеме торгов на сумму более 23 миллионов долларов.Solana has released several other meme coins dedicated to celebrities and politicians.
The new report comes after Dogwifhat (WIF) shares surged 48%.
Meme coin speculators are hoping for a risky new wave of cartoon tokens based on famous politicians and celebrities this week, with meme coins issued by Solana leading the market after a volatile cryptocurrency trading session on Tuesday.
The token with the ticker BODEN, based on the name of US President Joe Biden, surged 830% in a six-hour period on Wednesday morning as daily volume surged to more than $23 million, according to CoinMarketCap.
A series of similar tokens based on the likes of Elon Musk, Kanye West and Donald Trump have been released as developers try to jump on the hype.
Newly released meme coins are high-risk assets as they are often victims of scams and exit scams.
The new narrative states that Dogwifhat, Solana's most famous meme coin, has outperformed regular crowd favorites dogecoin {{DOGE}} and BONK with a 48% increase.
The broader cryptocurrency market remains in shock after Bitcoin hit an all-time high of $69,325 on Tuesday before prices fell quickly, unlike in previous cycles, leading to $1 billion in liquidations.
Mete coins were the hardest hit sector, with PEPE and DOGE falling over 30% due to a lack of liquidity, although both assets have since recovered.
