The meme coins for Biden and Trump are going in different directions.

The meme coins for Biden and Trump are going in different directions.

There has been a notable surge in the value of a satirical cryptocurrency mimicking President Joe Biden, experiencing a growth of almost 271% within the past month. In contrast, digital assets associated with former President Donald Trump have faced a sharp decline in value as he faces a criminal trial. Non-fungible token (NFT) sales on Ethereum have reached $536 million in the past month, but interest in Trump NFTs has decreased drastically, with trading volumes for his official collection dropping by more than 99% in the last 30 days. The NFTs were initially priced at $99 each, but there has been no trading activity in the past week. Additionally, a satirical cryptocurrency based on Trump’s famous slogan, “Make America Great Again,” has lost over 4% of its value in the last 24 hours. In contrast, another meme coin poking fun at President Biden, named Jeo Boden (BODEN), has experienced significant growth, increasing by 24.4% in the last 24 hours and almost 271% in the last 30 days. Its current market cap stands at $475,326,682.

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