The capitalization of the BODEN parody meme token exceeded $200 million
The market capitalization of the meme cryptocurrency Jeo Boden (BODEN) parodying US President Joe Biden on the Solana network has reached $220 million. This is evidenced by the GeckoTerminal data.
Launched on March 9, the coin is available only on the decentralized Solana Raydium exchange and is not yet listed on any centralized platform.
"Boden is the 46th president of Solun. His account is three hundred trillion million billion dollars. This wallet belongs to both the Jeo Boden Treasury and the community. Any donated funds will be used for marketing, listings, gift giveaways and so on," the project's website says.
The developers also recalled that BODEN "has no intrinsic value", and "you should not expect financial benefits from it."
The asset has become part of the meme frenzy on Solana. In parallel, other celebrity parody tokens like Danold Tromp and Olen Mosk appeared.
Since March 12, the Solana ecosystem has hosted 33 pre-fundraising campaigns for the launch of coins, which have raised about $140 million in total. The largest was the presale of the meme coin Book of Meme (BOME).
Source: https://forklog.com/news/kapitalizatsiya-parodijnogo-mem-tokena-boden-prevysila-200-mln