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‘Boden’ Memecoin Surges After Trump Quips About It

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The previous saying “any publicity is nice publicity” seems to carry true for memecoins. Even the flimsiest sort of publicity.

Jeo Boden {{BODEN}}, a joke crypto token named for a mispronunciation of U.S. President Joe Biden’s title, surged as a lot as 25% Wednesday after his Republican challenger, former president Donald Trump, responded to a reporter’s query about it.

“I do not like that funding,” Trump mentioned at an impromptu press convention at his Mar-a-Lago resort in Palm Seaside, Florida, after a reporter described BODEN to him and mentioned it had a $240 million market capitalization.

After peaking at $0.42, BODEN fluctuated and at press time was buying and selling at $0.40, nonetheless up about 15% from when Trump made his remark (such because it was).

The true property mogul, actuality TV star and populist firebrand was internet hosting the Trump Playing cards NFT Gala for holders of the digital collectibles that bear his title. Just a few hundred individuals have been in attendance.

Trump’s presidential marketing campaign shouldn’t be at present accepting donations in cryptocurrency, however he mentioned on the press convention he intends to.

When requested “can we donate utilizing crypto?” the almost-certain GOP nominee responded, “If you cannot, I am going to ensure you can.”

Danny Nelson contributed reporting.

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