Ethereum

Goofy Biden and Trump Meme Coin Is Soaring on Solana

Degens, the latest meme coin sensation dubbed “Jeo Boden” earlier on Tuesday, is currently earning over 100x his returns. And now there are many copycat coins based on other politicians and public figures.

Solana has been a favorite destination for degens looking to gamble with meme coins this cycle, and that trend doesn’t appear to be slowing down. The latest meme coin meta to appear on the Solana chain includes a coin with a misspelled politician’s name. boden, Trempand Darnold– Skyrocketing. BODEN appears to have led the trend, and although TREMP was created before him, BODEN is leading by market capitalization.

Currently, BODEN, the ticker of a coin called ‘Jerboden’, is up. 1,133% on the same day The market capitalization exceeds $40 million. This inspired a variety of spin-off projects that currently dominate the meme coin market.

This wave, called the “Spoderman Politicians,” was originally spiderman memes—A character drawn with Microsoft Paint that appears regularly in the online comic series.

Is ‘Jerboden’ receiving attention ahead of the US election? That may be true, but it may be even more so because it’s so ridiculous and funny. Additionally, meme coins were on fire last week as Bitcoin hit an all-time high.

The Joe Boden Website It’s minimalistic and decorated with a banner that says “Be happy with your own Boden.”

Some Twitter (aka X) users believe that coins like BODEN and TREMP will become a way to bet on who will win as the US presidential election approaches.

Boden started gaining attention on Crypto Twitter on Tuesday. Today, the meta has expanded beyond just politicians and now includes coins like “Wutalik Butterin” (inspired by Ethereum founder Vitalik Buterin) and “Wandrew Tate” (based on former professional kickboxer). Controversial Social Media Figures).

Meme coins are notorious for being volatile and often “pull the rug out” as creators withdraw liquidity and cash, leaving later buyers with worthless coins. As always, this is not financial advice. Although it’s pretty ridiculous.

Edited by Andrew Hayward.

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