Amid anticipation of the 2024 US presidential election in which Donald Trump and Joe Biden are key rivals, memecoins representing them are making waves in the crypto market. Over the past month, Donald Trump’s TRUMP token has achieved substantial gains despite a recent downturn. Currently trading at $7.59, the memecoin has marked a monthly increase of 242.9% and a weekly surge of 17.9%. Though TRUMP has marked a 24-hour decline of 21.4%, in the last 1 hour, the token has seen a modest hike of 3%.
TRUMP’s rise has led the way to newer memecoins like Joe Boden (BODEN). Solana-based BODEN is currently leading the pack, sitting at $0.05671 after an astounding 24-hour increase of 289.38%.
In a recent post, an individual known on X as “qw” commented on these memecoins’ role as “prediction markets.…
The post Will TRUMP and BODEN Upticks Impact the US Presidential Election? appeared first on Coin Edition.
Amid anticipation of the 2024 US presidential election in which Donald Trump and Joe Biden are key rivals, memecoins representing them are making waves in the crypto market. Over the past month, Donald Trump’s TRUMP token has achieved substantial gains despite a recent downturn. Currently trading at $7.59, the memecoin has marked a monthly increase of 242.9% and a weekly surge of 17.9%. Though TRUMP has marked a 24-hour decline of 21.4%, in the last 1 hour, the token has seen a modest hike of 3%.
TRUMP’s rise has led the way to newer memecoins like Joe Boden (BODEN). Solana-based BODEN is currently leading the pack, sitting at $0.05671 after an astounding 24-hour increase of 289.38%.
In a recent post, an individual known on X as “qw” commented on these memecoins’ role as “prediction markets.…
The post Will TRUMP and BODEN Upticks Impact the US Presidential Election? appeared first on Coin Edition.