BODEN Solana Meme Coins Soar on Hunter Biden Guilty Verdict

The boy of U.S. president Joe Biden, Hunter Biden, has been discovered guilty on three counts associated with gun charges—and within the hrs that adopted, Biden-related meme coins have soared in cost.

Jeo Boden, an intentionally incorrectly spelled Joe Biden meme gold coin on Solana, leaped 9% within the hour that adopted the guilty verdict, though its 24-hour trend is negative because of earlier losses throughout the span—it’s lower by 6% because this time yesterday in a current cost above $.18.

Hunter was found guilty on three counts concerning the acquisition of a gun in 2018. A jury made the decision he lied about as being a drug user when completing the forms, which brought to him being in prison for three felonies in link with the incident.

When his conviction was read out, the meme gold coin Hunter Boden (HUNTBODEN)—similarly an intentionally incorrectly spelled meme coin—spiked by 116% in under half an hour, based on CoinGecko. This spike was short-resided, but having a sizable dip, the token expires 30% at the time in a cost of nearly $.0015.

That stated, Hunter Boden includes a small market capital of $1.six million, based on DEX Screener, with simply 862 unique wallets buying and selling the token. Coins this small tend to be more responsive to volatility and ought to always be traded carefully.

Interestingly, this is actually the opposite reaction that Jesse Trump tokens had following a former president being found guilty for 34 legal charges. Responding towards the news at the end of May, TRUMP fell 25%, MAGA Hat (MAGA) tucked 16%, while Super Trump (STRUMP) also dropped 16%. But TRUMP along with other tokens soon spiked in cost next initial dip.

Following Hunter Biden’s guilty verdict Tuesday, meme gold coin Doland Tremp (TREMP) dropped 7%. With that, Polymarket odds suggest betters think that Joe Biden is 1% much more likely to win the 2024 presidential election following Hunter Biden’s conviction.

Edited by Andrew Hayward