Why Did 'Boden' Memecoin Surge in Value?

Krutika Adani

The Biden Meme Coin gained attention following Donald Trump's statement expressing his disinterest in investing in the meme coin, which is based on his rival.

The meme coin is inspired by Joe Biden and shares a similar name.

After Trump's remarks, the meme coin experienced a surge of 25%.

It reached a peak of $0.45 but later cooled off, dropping to $0.40