Jeo Boden

Joe Biden

MAGA

President Donald Trump

Donald Trump

A meme coin parodying President Joe Biden is up almost 271% over the last 30 days. Meanwhile, digital assets tied to former President Donald Trump — scheduled to appear in criminal court Monday, April 15 — are plummeting in value. 
Sales volumes for non-fungible tokens (NFTs) on Ethereum hit <a href="https://www.cryptoslam.io/" target="_blank" rel="">$536 million</a> in the last 30 days, according to data aggregator CryptoSlam. 
However, interest in the Trump NFTs seems to have waned as the twice-impeached GOP candidate faces a criminal trial in New York for allegedly falsifying business records. 
<h3 class="wp-block-heading" id="drastic-drop">Drastic drop</h3> 
Trading volumes for Trump’s official NFT collection plummeted in value more than 99% in the last 30 days. 
According to <a href="https://opensea.io/collection/trump-digital-trading-cards/analytics" target="_blank" rel="">data</a> from online NFT marketplace OpenSea, the trading volume of the 45,000 Trump Digital Trading Cards — featuring photoshopped images of the <a href="https://crypto.news/donald-trumps-nft-cards-value-surges-following-his-indictment/" data-type="link" data-id="https://crypto.news/donald-trumps-nft-cards-value-surges-following-his-indictment/" rel="">quadruple-indicted</a> Republican — has dropped drastically in the last 30 days. 
The NFTs, which sold for $99 a piece when <a href="https://crypto.news/donald-trump-drops-his-nft-collection/" target="_blank" rel="">launched</a> in December 2022, have not recorded any trading activity in the past week. 
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NFTs aren’t the only Trump-themed digital assets that are floundering. 
A meme coin inspired by his slogan, “Make America Great Again,” lost more than 4% of its value in the last 24 hours. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdbiAC_Zx6NfvByZn_osmyPq1tf8WvEJdpG3UWYV7c-0i2gFe8Q8dG7laTZ4vLEP-zkZ15jwlslnmv97nMffDzAf5QCbvVcPsL8YRropURmiBUSImZwmy2zZxCKSPJIX8XkoEjbkYjUe86k0XDQdnzZ0mc?key=jGJmDtoU9JqjAvGC-MEinQ" alt="Biden, Trump meme coins are on wildly different trajectories - 19">
 <figcaption class="wp-element-caption">
 MAGA price chart | Source: CoinGecko
 </figcaption>
</figure> 
MAGA was also in the red in the seven-day and 30-day timeframes. According to data from CoinGecko, the joke token’s price has nosedived by nearly 25% in the last 30 days and about 21% over seven days. 
However, it had a positive price difference over 14 days, registering a nearly 18% growth in value in that period.&nbsp; 
Meanwhile, the parent company of Trump’s conservative-leaning social media network — Trump Media &amp; Technology Group Corp. — saw its shares lose roughly $4.5 billion in market value since going public on March 26. 
<h3 class="wp-block-heading" id="boden-gets-a-boost">‘Boden’ gets a boost</h3> 
While the MAGA coin has been slipping, another meme coin — one that parodies President Joe Biden — has been making significant gains. 
Per data from CoinGecko, the so-called <a href="https://crypto.news/biden-meme-coin-surges-polls/" target="_blank" rel="">Jeo Boden</a> (BODEN) coin is up 24.4% in the last 24 hours and is currently trading at $0.6792.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdb-FYbnc1_IG7uJG-q4ixIJFmpDok94ywlQFKTkYYu8TQ83rizi0psm-tURrMiTKtNowW55SvMi87eAfgzXwpRyRA6vAj-kuuTVjMa4xePSsuMqwSh3NR2lCvfm8dg41LDeO-1MPvlMAvQRgwIhUM-JlHo?key=jGJmDtoU9JqjAvGC-MEinQ" alt="Biden, Trump meme coins are on wildly different trajectories - 20">
 <figcaption class="wp-element-caption">
 BODEN price chart | Source: CoinGecko
 </figcaption>
</figure> 
The coin’s value is also up nearly 63% over two weeks and almost 271% over the last 30 days. 
BODEN currently has a market cap of $475,326,682 and registered a trading volume of $25,247,510 in the previous 24 hours. 
It is not affiliated with the White House or the Biden campaign. 
 Read more: <a href="https://crypto.news/binance-exec-on-the-run-nigeria-pursues-extradition/" rel=""> Binance exec on the run: Nigeria government pursues extradition from Kenya </a>

Biden, Trump meme coins are on wildly different trajectories

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Andre artikler publisert på 14. apr. 2024

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