Jeo Boden

Biden

Joe Biden

Doland Tremp

Donald Trump

<p>In the past 24 hours, memecoins inspired by former and current U.S. presidents Donald Trump and Joe Biden have seen a huge surge in value. The Trump-inspired memecoin, called MAGA (TRUMP), went up by a whopping 44% while Jeo Boden (BODEN), a funny take on Joe Biden’s name, rose by more than 22% and Trump’s fun related memecoin Doland Tremp soared a staggering 142%.</p> 
<p>Analysts from Wintermute say there’s been a lot of fast movement in the memecoin world, leading to a big increase in their value over the past week.</p> 
<p>The reason behind this memecoin boom? Well, it seems like Trump’s recent comments have a lot to do with it. He mentioned that he’s <a href="https://www.cryptotimes.io/2024/05/09/trump-to-accept-crypto-donations-for-2024-campaign/" target="_blank" rel="noreferrer noopener">open to accepting cryptocurrency</a> donations for his campaign.&nbsp;</p> 
<p>Trump seemed <a href="https://twitter.com/frankdegods/status/1788377000941367340" target="_blank" rel="noreferrer noopener">enthusiastic</a> about the idea, saying, “If you can’t, I’ll make sure you can. Can we donate to the Trump campaign using crypto? I believe the answer is yes.”</p> 
<p>According to CoinGecko, the top three memecoins that <a href="https://www.coingecko.com/en/categories/meme-token" target="_blank" rel="noreferrer noopener">gained</a> the most in the last 24 hours are Doland Tremp (surged by 142%) currently priced at $0.67, while MAGA (up by 44%) currently standing at $5.86, and Joe Boden (increased by 22%) currently at $0.3574.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/Y8Vn72Hs6w9sCQs0oBjnyPyLeKNwXw1UUGG1BVFFI0C6EEFJIVyvOjEa_fCZzkiWf1IWBDIeW6MKmVFjfdk2uGunazcoVuw3lJ2-jcq0WWJkA6cHUCseXAeKEic2eDf2L0B5Wt_K_GJDuWubp-m3azs" alt="Y8Vn72Hs6w9sCQs0oBjnyPyLeKNwXw1UUGG1BVFFI0C6EEFJIVyvOjEa fCZzkiWf1IWBDIeW6MKmVFjfdk2uGunazcoVuw3lJ2 jcq0WWJkA6cHUCseXAeKEic2eDf2L0B5Wt K GJDuWubp m3azs">
  <figcaption class="wp-element-caption">
   Image Source: CoinGecko (<a href="https://www.coingecko.com/en/coins/jeo-boden" target="_blank" rel="noreferrer noopener">Boden’s</a> price chart past 24 hours)
  </figcaption>
 </figure>
</div> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/05/09/president-biden-ready-to-veto-bill-changing-crypto-custody-rules/" target="_blank" rel="noreferrer noopener">President Biden Ready to Veto Bill Changing Crypto Custody Rules</a></p> 
</blockquote> 
<p>Jeo Boden, a funny take on Joe Biden’s name, trading volume for 24 hours surged 41.31% valuing at $34.56 million while market capitalization is at $247.83 million.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/V8eujJioet4-_OB3zHm2NPBQQN7GuUyTKVJ-vhgxusqcqHCD33d-jtd_vf4KreMJM0tQKeVhzto1LLKAwEosbuIZA7A60JBHqXvImkUMUt2PXq7PcgzWelf95ck_0qg8yIzi9ytTxiPUQqs6aPEqDzg" alt="V8eujJioet4 OB3zHm2NPBQQN7GuUyTKVJ vhgxusqcqHCD33d">
  <figcaption class="wp-element-caption">
   Image Source: CoinGecko (<a href="https://www.coingecko.com/en/coins/maga" target="_blank" rel="noreferrer noopener">MAGA’s</a> price surge in one day)
  </figcaption>
 </figure>
</div> 
<p>As per the data, the market capitalization is currently valued at $248.69 million and its 24-hour trading volume stands at almost $17 million, surging 454%.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/k6q9WezWrmI78VoqbYjAn0EmXcobGIiAltJK1Mm19SZYr8XBFtEh2ifWAFdJLyRv_MWx-iO3elfietaL4GNabR8w0dwu7Eko_IfnHticvwlMEqqLYXhsO7FufnoVy1dsb8b8-VU-sVUmER1w3xmKpZY" alt="k6q9WezWrmI78VoqbYjAn0EmXcobGIiAltJK1Mm19SZYr8XBFtEh2ifWAFdJLyRv MWx iO3elfietaL4GNabR8w0dwu7Eko IfnHticvwlMEqqLYXhsO7FufnoVy1dsb8b8 VU">
  <figcaption class="wp-element-caption">
   Image Source: CoinGecko (<a href="https://www.coingecko.com/en/coins/doland-tremp" target="_blank" rel="noreferrer noopener">Doland Tremp’s</a> Price surge in 24 hours)
  </figcaption>
 </figure>
</div> 
<p>Doland Tremp’s trading volume of 24 hours surged about a staggering 950% valued at $38.33 million with a market capitalization of $66.68 million.</p> 
<p>Meanwhile, the prices of bigger cryptocurrencies like Bitcoin and Ether dropped slightly in the past day.</p> 
<p>Could the surge in memecoin values, particularly MAGA, Boden, and Doland Tremp, be attributed to Trump’s openness to crypto donations for his campaign? With Doland Tremp soaring 142%, MAGA up 44%, and Boden rising 22%, is this boom sustainable or indicative of a speculative bubble?</p>

Trump & Biden Memecoins Surge Amid Crypto Donation Buzz

The Crypto Times

Other articles published on May 9, 2024

Floki and TokenFi Score Title Sponsorship for Pakistan-Ireland T20 Cricket Series

Toncoin Announces $700k Airdrop For Gaming Token as TON Price Pumps

Chainlink Dominates in Development Rankings

Binance Announces New Project Inclusion in Launchpool Event

The New Rule of AI Discrimination in the Healthcare Sector in Progress

Significant Developments at Crypto Bank Anchorage Digital

Join our free newsletter for daily crypto updates!