Jeo Boden Rallies 175% – Last Chance to Buy Before AI Coin Lists on Exchanges
Jeo Boden ($BODEN), a recently popular meme coin parodying incumbent US President Joe Biden, has risen 20% overnight amidst anticipation for this fall’s presidential election.
Boden currently sells for about $0.04964 a token, some 18% higher than it was this time yesterday. At this price, the token has made a 175% jump from the recent lows.
That means Biden’s unofficial meme coin did better overnight than Trump’s. Doland Tremp ($TREMP) only rose 10%, although it’s about 10% down from its price seven days ago as it trades at $0.4333.
This hasn’t stopped $TREMP from commanding more of the market. $TREMP currently has a market cap of about $43.3 million, making it the 646th largest cryptocurrency in the world.
By comparison, $BODEN has a market cap of $33.8 million, making it the 725th largest.
Both parodic meme coins are currently outperforming the market leaders for gains. Bitcoin ($BTC) only grew 0.6% overnight, while shedding about 3.1% over the week to trade at $58,666 as of this writing.
Original meme coin Dogecoin ($DOGE) grew 1.2% overnight and fell about 10% over the week to trade at $0.1091.
Since launching on March 9 at a price of around $0.06, Jeo Boden has had an erratic performance, rising to very briefly hit an all-time high 0f $1.04 on April 8.
Today’s price reflects a pullback of 95%, although a mention of the token by Biden’s Republican challenger Donald Trump caused a brief and unsustained surge back in early May.
In the last month, $BODEN has slipped below the $0.20 threshold, where it now faces strong resistance. The price appears to be spiraling further still, with current support as low as $0.02, as seen by the green line.
A Relative Strength Index (RSI) of 38 and falling suggests some recent selling activity
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