SOL - 'Jeo Boden' Meme Coin Races Past $500M Mark: 'The Chinese Love The Meme' Trader Claims | Benzinga
Jeo Boden (CRYPTO: BODEN), a Solana-based meme coin parodying President Joe Biden, recorded yet another all-time high on Thursday, surpassing a $500 million market cap on another 40% surge.
What Happened: Currently around $0.75, the meme coin is on track for an 82% weekly gain at the time of writing, after launching at the beginning of March.
According to pseudonymous trader @turbofuch, BODEN is especially popular in China. The trader cites a Chinese colleague that claims the meme is being actively discussed in groups on WeChat, a Chinese messaging app. Supposedly, President Biden’s gaffes are a matter of active discussion, amplifying the popularity of the meme.
The Chinese love the meme — turbo (e/acc) (@turbofuch) April 4, 2024
Talked to a Chinese colleague who said they love Boden
They have many WeChat groups discussing the meme and are following the American election closely.
They say they see much about American politics, but mostly just Biden fuck ups, like him…