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BODEN memecoins briefly spike after Hunter Biden guilty verdit

BODEN memecoins briefly spike after Hunter Biden guilty verdit

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Source: Coin Telegraph

Misspelled memecoins referencing the U.S. first family surged after President Biden’s son was convicted of lying about being a drug user when buying a revolver.

Biden-themed Solana memecoins briefly surged then fell again after United States President Joe Biden’s son, Hunter Biden, was found guilty on three charges in a federal gun case.

Jeo Boden (BODEN) — a deliberately misspelled token in reference to the president — jumped 26% to a 24-hour high of nearly $0.20 in the five hours after a Delaware federal court jury convicted his son on June 11, CoinGecko data shows.

Around the same time, the Hunter Boden (HUNTBODEN) token jumped 116% to a daily high $0.0022 — a fraction of a cent — while the First Lady-themed Jill Boden (JILLBODEN) sharply dipped 9%, according to CoinGecko.

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Author: Jesse Coghlan