Doland Tremp (TREMP) and Jeo Boden (BODEN) meme coin logo. Background:
ShutterstockElection-themed memecoins that lampoon American politicians surged overnight after former U.S. President Donald Trump met with his NFT collection holders. Leading the way is Solana-based memecoin Doland Tremp (TREMP), which hit $155 after rising 0.69% over the past 24 hours. Ethereum-based memecoin MAGA (TRUMP) also surged 42% overnight and is currently priced at $6.11.
On the other side of the political aisle, Jeo Boden (BODEN) also gained 23.2% to $0.37. The memecoin mocking Joe Biden made gains despite Trump declaring “I don’t like this investment” during a Q&A session with Trump NFT collectors. The BODEN and TREMP memecoins shot to fame earlier this year, surging to $473 million and $83 million, respectively, in April before falling to their current market caps of $246 million and $67 million. Upon hearing that a meme coin mocking his political opponents was worth more than $240 million, Trump called it “a lot of money.” #boden
Memecoins are cryptocurrencies based on internet memes and current events, often with limited liquidity and high volatility, related to their prominence in the news cycle. The BODEN and TREMP meme coins are part of the "Spoderman Politicss" series, originally inspired by the Spoderman meme - a crudely drawn Microsoft Paint character that appears in a series of online comics. #新币挖矿
Trump meets with NFT holders#NFT新机遇
Late Wednesday, Trump met with holders of his Trump trading card NFT collectibles at his Mar-a-Lago resort in Florida, announcing that he would stop his “hostility toward cryptocurrency,” which he claimed was causing cryptocurrency companies to leave the United States.
The former US president and 2024 election hopeful, who is currently embroiled in multiple criminal and civil court cases, added that Democrats and SEC Chairman Gary Gensler are “very opposed” to cryptocurrencies, “but I’m fine with it.” Trump added that he welcomes campaign contributions from cryptocurrencies, something he has done a bit of a about-face on. While in office in 2019, he declared himself “not a fan” of Bitcoin and other cryptocurrencies, adding that they are “highly volatile,” “based on thin air,” and “not money.”
