Benzinga – Jeo Boden (CRYPTO: BODEN), a Solana-based meme coin parodying President Joe Biden, recorded yet another all-time high on Thursday, surpassing a $500 million market cap on another 40% surge.
What Happened: Currently around $0.75, the meme coin is on track for an 82% weekly gain at the time of writing, after launching at the beginning of March.
According to pseudonymous trader @turbofuch, BODEN is especially popular in China. The trader cites a Chinese colleague that claims the meme is being actively discussed in groups on WeChat, a Chinese messaging app. Supposedly, President Biden’s gaffes are a matter of active discussion, amplifying the popularity of the meme.
The Chinese love the $BODEN meme
Talked to a Chinese colleague who said they love Boden
They have many WeChat groups discussing the meme and are following the American election closely.
They…
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