Memecoin Jeo Boden Skyrockets After Donald Trump’s Public Statement
Jeo Boden (BODEN), a memecoin created from a misspelling of U.S. President Joe Biden’s name, skyrocketed in the past 24 hours after presidential candidate Donald Trump recognized the digital asset and talked about it in a public appearance.
As per the data from CoinGecko, the price of the meme coin jumped almost 10% in the past 24 hours, with a 20.65% surge in trading volume. The market capitalization of the memecoin stands at $251 million.
Notably, former US President Trump hosted the Trump Cards NFT Gala for holders of the digital collection pioneered by the billionaire at his Mar-a-Lago resort in Palm Beach, Florida. At the event, the reality TV star was asked about the BODEN meme coin by a fan, who described the token to him.
“I don’t like that investment,” Trump said in response to the sudden question asked by the fan.
(With inputs from Shikha Singh)
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