The Joe Biden-inspired meme coin Boden (CRYPTO: BODEN) on Solana (CRYPTO: SOL) is showing signs of rebounding from recent lows, up over 75% on the day.
What Happened: According to data from DexScreener, Boden (BODEN) is currently trading at $0.011, with a market cap of $7.8 million.
The token has seen a 24-hour trading volume of $1.7 million, with buyers outpacing sellers in recent transactions.
“Uptober + October pre-election hype = $BODEN mooning,” pseudonymous crypto trader ChimpZoo tweeted, referencing the market’s seasonal bullish trend.
The trader has been vocal in his belief that the current hype cycle, combined with political momentum ahead of the U.S. elections, could catapult BODEN back to significant highs, rhetorically asking “Are you ready for $1?”
ChimpZoo further emphasized his stance, stating, “$1 TARGETS STILL ALIVE AND WELL.”
Despite losing over 99% of its value from its all-time high of …
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