Jeo Boden

MAGA

Presidential Debate

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/presidential-debate-influences-meme-coin-prices/" data-wpel-link="internal">Presidential Debate Influences Meme Coin Prices</a><br></p>
<p>The first public presidential debate, which could significantly impact the <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">future</a> of both the U.S. and the <a href="https://en.coin-turk.com/crypto-market-sees-promising-trends-in-april/" data-wpel-link="internal">cryptocurrency</a> world, took place recently. The debate holds substantial economic importance. During this period, a noticeable decline occurred in meme coins related to Trump and Biden.</p> 
<h2 id="maga-price-plummets">MAGA Price Plummets</h2> 
<p>In June, the MAGA (TRUMP) coin, which had risen significantly due to former President Donald Trump’s strong appearance and support for cryptocurrency, approached $17. However, the price took a sharp downturn afterward.</p> 
<p>Recently, MAGA first fell to $11, then below $10, reaching $9.4. During the debate, the price dropped vertically by 25%.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-365932" src="https://coin-turk.com/wp-content/uploads/2024/06/trumpusdt-coin-turk-com.png" alt="" width="2433" height="1145"></p> 
<p>As of the time of writing, the MAGA price stands at $7.22. Its <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> cap is $317 million, ranking it 213th by volume. The 24-hour trading volume increased by 172% amid heavy selling pressure, reaching $23 million.</p> 
<p>The reason for the price drop following Trump’s seemingly successful debate performance remains unknown.</p> 
<p>Meanwhile, it’s known that Donald Trump aims to turn the U.S. into a cryptocurrency hub, and it’s intriguing how this might play out if he wins the election.</p> 
<h2 id="jeo-boden-falls">Jeo Boden Falls</h2> 
<p>Similarly, the Jeo Boden (BODEN) token, inspired by current President Joe Biden, also experienced a noticeable decline.</p> 
<p>As of the time of writing, the BODEN price is $0.084, following a 32% drop in the last 24 hours, most of which occurred in the past few hours.</p> 
<p>BODEN’s market cap is $64 million, while its trading volume surged by 92%, reaching $29.2 million, seemingly triggering the price drop.</p> 
<p>It’s not incorrect to say that the price movements align with the inherent nature of meme coins, which are known for their high volatility.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/presidential-debate-influences-meme-coin-prices/" data-wpel-link="internal">Presidential Debate Influences Meme Coin Prices</a></h5>

Presidential Debate Influences Meme Coin Prices

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