Jeo Boden (CRYPTO: BODEN), a Solana-based meme coin parodying President Joe Biden, clocked a new all-time high on Monday, pushing temporarily past the $1 mark on a more than 21% surge.
What Happened: Currently trading around 0.88 cents, the meme coin was up 26.2% at the time of publication and spiked as high as $1.08 today per DexScreener data. Jeo Boden thus crossed the $700 million market capitalization mark before dipping to the $600 million mark.
Solana (CRYPTO: SOL) influencer Ansem was bullish on BODEN, saying “everybody makes fun of Biden because he is slow.” He expected the meme coin to attract attention from supporters of both political parties and can see former President Donald Trump mentioning the meme coin.
Another pseudonymous commentator echoed that sentiment, expecting the former president, who had become crypto-curious to become ...