Joe Biden Solana memecoin is up 42% after his cancer diagnoses
The post Joe Biden Solana memecoin is up 42% after his cancer diagnoses appeared on BitcoinEthereumNews.com. Former US President Joe Biden’s Solana-based memecoin Jeo Boden has surged 42% in the last 24 hours after his office broke the news of his prostate cancer diagnosis on Sunday. According to market tracker DEXScreener, the token trades at $0.003578, with an intraday volume of $3.7 million. The satirical nod to US President Joe Biden experienced a sudden price breakout in the early hours of Monday, followed by a price correction after speculative traders rushed in and out of the market. Several BODEN holders let go of the coin following the president’s official announcement that he would not seek re-election in the 2024 race. The news, shared via Biden’s X account on July 22, caused the Biden-themed token to nosedive by over 57% in the immediate aftermath, and later on 98.8% from its all-time high of $1.07. Joe Biden token recovers some losses Data from DEXScreener shows the token spiked dramatically from under $0.0032 to a session high of approximately $0.0058, an intraday gain of nearly 80% in under an hour. Jeo Boden price chart. Source: DEXScreener The rally was accompanied by a surge in trading volume, surpassing $4 million at one point today, 15,499.60% more than its level 12 months ago. Its market cap now stands at $2.5 million, 25,820% below its peak at $648 million on April 11, 2024. After topping out near its local high, BODEN retraced as early buyers took profits, sending the token tumbling back below the $0.0040 mark. As of the latest trading session, the memecoin is hovering around $0.003582, showing signs of stabilization near an intraday support level at $0.0035. Market momentum has cooled, and the token appears to be entering a phase of horizontal consolidation. Biden cancer forced him to step down in the 2024 elections Joe Biden’s prostate cancer has metastasized…
The post Joe Biden Solana memecoin is up 42% after his cancer diagnoses appeared on BitcoinEthereumNews.com.
Former US President Joe Biden’s Solana-based memecoin Jeo Boden has surged 42% in the last 24 hours after his office broke the news of his prostate cancer diagnosis on Sunday. According to market tracker DEXScreener, the token trades at $0.003578, with an intraday volume of $3.7 million. The satirical nod to US President Joe Biden experienced a sudden price breakout in the early hours of Monday, followed by a price correction after speculative traders rushed in and out of the market. Several BODEN holders let go of the coin following the president’s official announcement that he would not seek re-election in the 2024 race. The news, shared via Biden’s X account on July 22, caused the Biden-themed token to nosedive by over 57% in the immediate aftermath, and later on 98.8% from its all-time high of $1.07. Joe Biden token recovers some losses Data from DEXScreener shows the token spiked dramatically from under $0.0032 to a session high of approximately $0.0058, an intraday gain of nearly 80% in under an hour. Jeo Boden price chart. Source: DEXScreener The rally was accompanied by a surge in trading volume, surpassing $4 million at one point today, 15,499.60% more than its level 12 months ago. Its market cap now stands at $2.5 million, 25,820% below its peak at $648 million on April 11, 2024. After topping out near its local high, BODEN retraced as early buyers took profits, sending the token tumbling back below the $0.0040 mark. As of the latest trading session, the memecoin is hovering around $0.003582, showing signs of stabilization near an intraday support level at $0.0035. Market momentum has cooled, and the token appears to be entering a phase of horizontal consolidation. Biden cancer forced him to step down in the 2024 elections Joe Biden’s prostate cancer has metastasized…
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