From March 5 to March 6, 2024, the Jeo Boden (BODEN) rate increased by more than 3,100%, according to CoinMarketCap. The price of MAGA (TRUMP), in turn, fell by 12.6%.
BODEN is a token dedicated to US President Joe Biden. It was launched in early March 2024.
At the time of writing, the asset is trading at $0.038, according to CoinMarketCap. At launch, the token price fluctuated around $0.002:
It is noteworthy that against the backdrop of rising asset prices, the TRUMP rate fell. Over the course of a day, its price dropped from $10.9 to $7.6 at the time of writing. However, this is still significantly higher than the value at the end of 2023:
Both BODEN and TRUMP are not directly associated with politicians.
Previously, Donald Trump's portfolio of TRUMP tokens grew in value to more than $4 million. The ex-president received these memcoins from the project team back in August 2023.
Such jumps in the prices of tokens associated with media personalities or large projects occur frequently. For example, the price of the NEURALINK token increased by 37.4% after Elon Musk presented the first successes of his company in implanting a chip in a person.
Source: Cryptocurrency
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