After receiving an endorsement from former U.S. President Donald Trump and witnessing his criticism of current President Joe Biden, the value of two meme coins associated with these political figures, TRUMP and BODEN, has experienced a significant surge over the past 24 hours.
Following his gala event on Wednesday, where he interacted with his non-fungible token (NFT) enthusiasts, Donald Trump shared his strong opinions on cryptocurrency. He asserted that Joe Biden lacks a comprehensive understanding of crypto and urged supporters of the digital currency to vote for him. As a result, the meme coins connected to these politicians have seen a remarkable increase in value when compared to the U.S. dollar.
The TRUMP coin, a crypto token also known as maga, has surged by 35.6% in the last day and is currently being traded at $5.75 per coin. Notably, Trump received a generous donation of 579,290 TRUMP tokens, which are now valued at an impressive $3.33 million. Trump has chosen to retain all of his TRUMP tokens.
In March of last year, the geo token, named BODEN, was introduced to the market. Over the past 24 hours, it has appreciated by 16.6%. When questioned about the BODEN coin at the NFT Gala, Trump expressed his disapproval of it. As of 10:00 a.m. Eastern Time on May 9, 2024, the price of BODEN stands at $0.357 per coin.
We are curious to hear your thoughts and opinions on the meme coins TRUMP and BODEN. Please share them in the comments section below.
