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it's Big & Big #AlertđŽ About $240 Million #Memecoins__ _ !!!
Trump Mocks âBodenâ Memecoinâs $240M Market Cap, BODEN Token Surges 25%
2024 US Presidential hopeful Donald Trump isnât much interested in âJeo Boden (BODEN)â memecoin, a joke crypto token mimicking the current President Joe Biden.
Former President Trump, answering to his fan questions, mocked the memecoin after hearing that the token reached $240 million market-cap.
âThatâs a lot of money for a coin, I donât like that investment,â he noted.
Trump Speaks on $BODEN at NFT Event
"That's a Lotta Money for a Coin, I Don't Like That Investment"
Audio Source: @realDannyNelson pic.twitter.com/8NcpuCc6ZI
His remarks came during a special Trump NFT event for holders held at his Mar-a-Lago resort in Florida on Wednesday.
Last month, Solana-based memecoins representing caricatures of Biden and Trump, posted massive gains, according to blockchain data from DexScreener.
Crypto tokens referring to a misspelling of both the candidates â âJeo Bodenâ and âDoland Trempâ â went head-to-head with trading. At a point, âJeo Bodenâ and âDoland Trempâ saw market capitalization of $473 million and $83 million, respectively.
Memecoins have received popularity on the Solana blockchain in recent times, thanks to its speed and low transaction costs.
SOL-based memecoins have a combined market capitalization of $7.31 billion at press time, per CoinGecko data.
The embattled former leader is also open to crypto donations for campaign. When asked by the mob, âCan we donate using crypto?â Trump noted, âIf you canât, Iâll make sure you can.â
BREAKING: DONALD TRUMP ASKED âCAN WE DONATE USING CRYPTO?â
âIF YOU CANT, IâLL MAKE SURE YOU
Boden memecoin Jumps 25%
Following Trumpâs remarks, Boden memecoin saw a 25% raise in its price on Wednesday. After peaking $0.43, the price quickly fell to $0.366. The token is still up 15% and is trading at the same price at the time of writing.