Meme coins inspired by U . s . States President Joe Biden and former President Jesse Trump are surging around the Solana blockchain, based on blockchain data from DexScreener.
The Trump-inspired Doland Tremp (TREMP) meme gold coin goes mind-to-mind using the Biden-inspired Jeo Boden (BODEN) when it comes to Solana buying and selling, with the majority of the action happening around the Raydium decentralized exchange (DEX).
BODEN has got the bigger market cap and 24-hour gains, having a cap of nearly $473 million at this moment, using the cost up 60% right now to nearly $.69. TREMP, meanwhile, is buying and selling in a cost of $.83, but has less coins in circulation for any market cap of approximately $83 million. The Trump-themed gold coin expires about 54% today.
TREMP has witnessed about $ten million in buying and selling volume in the last day, while BODEN is well ahead with $$ 30 million worth in that span. While Jeo Boden is beating Doland Tremp within the meme gold coin race as of this moment, the Tremp faithful remain defiant.
His or her name suggests, meme coins are cryptocurrencies inspired by internet jokes and memes, together with politicians and much more. Unlike cryptocurrencies like Ethereum and Bitcoin, meme coins mainly obtain value from being associated with occasions or individuals popular culture. Additionally they are usually highly volatile, and many quickly lose value after they’re launched.
Meme coins took off in recognition around the Solana blockchain recently because of the speed and occasional transaction cost, with $1.8 billion in buying and selling volume within the last 24 hrs. Solana-based meme coins possess a combined market capital of $8.15 billion, based on CoinGecko.
The views and opinions expressed through the author are suitable for informational purposes only and don’t constitute financial, investment, or any other advice.
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