PolitiFi Memecoin big dump: After Biden withdrew, BODEN big dump 55%, while KAMA soared 150% After President Joe Biden announced his withdrawal from the presidential race, there was a major change in the U.S. political situation. Following this news, a major transformation occurred in the PolitiFi memecoin zone, with the Biden-themed Token experiencing a big dump, while the Kamala Harris-themed Token soared. Elections in November have always been a hot topic in the cryptocurrency industry. After years of hostile and "excessive" regulatory approaches by the US government, politicians' stance on cryptocurrency has become a turning point for many voters. On Sunday afternoon, US President Joe Biden announced that he would resign as a presidential candidate for the upcoming election. Biden explained in detail that he has decided to focus on fulfilling his presidential duties for the remainder of his term. In another post, he expressed support for Vice President Kamala Harris as the Democratic candidate: 'Today, I am fully behind Kamala becoming our Democratic nominee this year. Democrats, it's time to come together and defeat Trump. Let's work together.' After the announcement, industry leaders such as Artur Hayes and Justin Sun responded online. The founder of Tron replied to Biden's X post, saying, "Goodbye, Biden, Cryptocurrency will always exist." At the same time, if Harris were not the Democratic candidate, Trump's chances of winning would only increase. Hayes also said that if she "really became a candidate," Trump would "smoke her like a Cuban." The Cryptocurrency community has different opinions on this, with some users holding a pessimistic attitude. Some people believe that Trump's chances of winning in the confrontation with Biden are obvious, but the Democratic candidate's chances of winning may drop significantly. On the contrary, others seem to believe that regardless of who the nominee is, Biden's refusal to nominate will be beneficial to the Cryptocurrency industry. In addition, it is reported that Republican candidate Donald Trump maintains a huge lead. According to the data from the prediction market website, the possibility of Trump winning the presidential election in November is 65%, with bets close to $40 million. After the news came out, the PolitiFi memecoin zone fluctuated. The price of Biden incentive Token immediately began to fall, and the price of its leading Token Jeo Boden (BODEN) dropped by nearly 60%. Within half an hour, memecoin pumped from a trading price of $0.025 to $0.01. BODEN further fell in the next few hours, falling to the support area of $0.0086. This performance has fallen 65% and 73% in the past 24 hours and 7 days, respectively. The current price has fallen by 99.2% from the historical all-time high (ATH) of $1.04 in April. In addition, the Token's Market Cap has shrunk by 66% since the announcement, falling from $17.5 million to $5.99 million. Nevertheless, the Token inspired by Kamala Harris soared in the past 24 hours. Kamala Harris (KAMA) is the token with the largest increase in PolitiFi Token in the past day. KAMA hovered between 0.011 US dollars and 0.019 US dollars within two hours, with an increase of 150%. The memecoin launched in May pumped 257% and 1,433% on the weekly and monthly timeframes, respectively. KAMA has retraced above $0.015, and the current trading price is $0.016. Tokens inspired by Trump also saw a significant pump after Biden's withdrawal. MAGA (TRUMP) pumped 12% after the news, reaching a resistance level of 7.75 US dollars at one point. Meanwhile, MAGA Hat (MAGA), Super Trump (STRUMP), and Donald Tremp (TREMP) pumped 13%, 33%, and 25% respectively. (Data Source: Rubmar Garcia)

Golden Finance reported that a trader exchanged $8 million worth of BODEN for JUP at its peak using TWAP. He sold $125,000 (only 0.5% of his total assets) but kept the remaining BODEN, which has now lost nearly 98%. His $8 million is now worth only $85,000.

Odaily Planet Daily News According to market data, Biden Meme coin BODEN fell below $0.03, now trading at $0.0296, with a 24-hour decline of 29.8%. According to the AXIOS website, several senior Democrats believe that President Biden may decide to withdraw from the 2024 presidential race as early as this weekend, but President Biden's campaign aides say he will not waver on anything.

Odaily Planet Daily News market data shows that Biden's meme coin BODEN fell to $0.03684, down 6.6% in 24H, and the current market value is about $25.61 million.

Golden Finance reported that according to SolanaFloor disclosed data, after the end of the US presidential debate, the market value of Solana's eco Meme coin TREMP surpassed BODEN. The data shows that TREMP's FDV reached 65 million US dollars, while BODEN's value for this indicator is 52.5 million US dollars.

PANews June 12th News, according to The Block, a United States federal jury has found Hunter Biden guilty on three federal felony gun charges, marking the first time the son of a sitting president has been convicted. Following the announcement, the Hunter Boden token (HUNTERBODEN) on Solana experienced a short-term surge followed by a substantial nosedive, currently trading at $0.0005836 with a 43.5% decrease in the past 24 hours. Additionally, other meme coins related to American politics also suffered heavy losses. FreeTrump (TRUMP) dropped 22.5% in the past 24 hours, while the largest market cap MAGA (TRUMP) declined by 8.6%.

Golden Finance reported that the US political themed Meme coin market suffered a heavy setback, with a market capitalization drop of over 13% in the past 24 hours. In contrast, Bitcoin fell by about 4% and Ethereum fell by 5.4%. Free Trump token (TRUMP) led the decline, dropping by 45%; the largest market capitalization MAGA (TRUMP) fell by 13%. A US federal jury has convicted Hunter Biden of three federal felony firearms charges, marking the first time that President Biden's son has been found guilty. After the news was announced, the Hunter Boden token (HUNTERBODEN) on Solana rose by more than 30% in 24 hours to $0.001514. Jeo Boden (BODEN), on the other hand, fell by 5.5% to $0.1855. The stock market also faces selling pressure while waiting for the monthly consumer price index report and the Fed's monetary policy announcement. In recent weeks, expectations of a Fed rate cut have weakened.

Political meme coin frenzy: Super Trump Token soared 200% In the past week, the prices of cryptocurrencies related to former US President Donald Trump have soared, reflecting the increasing speculative enthusiasm for politically themed "meme coins" in the digital asset field. The most notable increase is the "Super Trump" (STRUMP) token, which rose by more than 200% in just one day on May 29th, making it one of the hottest cryptocurrencies. This memecoin first appeared on the Ethereum blockchain in March and has undergone tremendous changes since its launch on the Solana blockchain last weekend. The sharp increase of STRUMP seems to be part of a broader trend in the so-called "PoliFi" (Political Finance) ecosystem, where tokens associated with prominent political figures and ideologies have gained significant appeal among cryptocurrency investors. Other memecoins related to Trump, such as TRUMP, MAGA, and BODEN, have also experienced significant price surges in the past few days, ranging from 20% to 350%. This surge has propelled the original TRUMP coin to become the eighth largest memecoin by market capitalization. STRUMP project itself emphasizes its community's strong support for the former president, claiming that 0.8% of its wallet is reserved for Trump. This signal of support seems to resonate with the cryptocurrency community, many of whom see Trump's pro-cryptocurrency stance as a positive driving force for such digital assets. However, the frenzy surrounding STRUMP and similar currencies is short-lived, as memecoins have lost momentum after reaching new all-time highs recently. As of writing, the trading price of STRUMP is about $0.006, which is approximately 50% lower than the previous week's peak of $0.012. This volatility highlights the inherent risks and speculative nature of the memecoin market, where prices can fluctuate significantly based on social media trends, influential endorsements, and other short-term factors. The long-term viability of these tokens remains uncertain, as regulatory scrutiny and broader market conditions may have a significant impact on their performance. The resurgence of meme coins related to Trump reflects the continued fascination of people with the former president's brand, and the increasing influence of politically motivated investors in the cryptocurrency space. Although these digital assets have attracted the attention of speculators, their violent price fluctuations have sounded the alarm for those who are trying to profit from the "PoliFi" phenomenon. (DataSource: Christian Encila)

PANews reported on May 31 that the price of Meme coins with a Trump theme fluctuated significantly due to the establishment of 34 felony charges against former US President Trump in the "hush money" case. Among them, MAGA (code TRUMP) experienced a short-term big dump followed by a substantial rebound, currently trading at $15.17, with a 24-hour increase of 8.7%. FreeTrump (code $TRUMP) surged by 592.5% to reach $0.02352. Other related currencies such as MAGA Hat (code MAGA), Super Trump (code STRUMP), and MAGA VP (code MVP) experienced fluctuations ranging from 10% to 25%. Meanwhile, stocks of Trump Media and Technology Group (DJT) on the Nasdaq fell by 9% in after-hours trading. On the other hand, Jeo Boden, a Meme coin related to current President Biden (code BODEN), experienced a pump of over 10% in the short term followed by a big dump, currently trading at $0.2607, with a 24-hour decrease of 15.7%. According to previous reports, on May 30, a jury in a New York court responsible for the "hush money" case against former President Trump ruled that all 34 felony charges of falsifying business records against Trump in this case were established. Trump also became the first former president in the United States to be convicted.  

According to Jinse Finance, after former US President Donald Trump was convicted of 34 counts in the "hush money" case, the price of Trump-themed meme coin plummeted. MAGA (code: TRUMP), the largest Trump-themed meme coin by market capitalization, dropped from $15 before the conviction to $11.27, a decrease of nearly 25%. Other related coins such as MAGA Hat (code: MAGA), Super Trump (code: STRUMP), and MAGA VP (code: MVP) also fell by 16% to 22%. At the same time, the stock of Trump Media and Technology Group (DJT) fell 9% in after-hours trading on Nasdaq. The price of the meme coin Jeo Boden (code BODEN), related to the current President Joe Biden who is competing with Trump, rose 12% within an hour. After the verdict, Trump denied all charges and called the trial "manipulated". This is the first time in American history that a president has been convicted of a high crime.

According to the Lookonchain monitoring, a smart money sold all of its 549,558 WIF at an average price of $3.7 10 minutes ago, and received 11,708 SOL, worth about $2 million. The smart money has realized profits of $24.1 million on WIF, $11 million on BODEN, and $6.28 million on BONK.

Golden financial report, market information, PolitiFi zone (memes related to US election figures) pumped, including: BODEN is now quoted at $0.33, up 25.2% in 24 hours pump; PTRUMP IS NOW QUOTED AT $0.0077, UP 22.1% ON pump 24 HOURS; TREMP is now quoted at $1.16, up 19.6% pump 24 hours; TRUMP IS NOW TRADING AT $9.24 WITH A 24-HOUR pump 11.1%. Fluctuation in the market is large, please do a good job of risk control.

Today's market hotspots: Meme concept PEOPLE, MAGA, WIF, BOME, MANEKI surged. As of now, both presidential candidates in the US election have plans to support cryptocurrencies. Tokens such as PEOPLE, MAGA, BODEN belong to the Meme coins related to the US election concept. In addition, meme coins WIF, BOME, and MANEKI on the Solana blockchain have also performed strongly, with MANEKI rebounding by more than 30% from its low point.

Golden Finance reported that, according to Lookonchain monitoring, 14 hours ago, a trader once again spent 1000 SOL (USD 160,000) to buy michi. The trader made a profit of 7,101 SOL (USD 1.19 million) on michi, a profit of 4,578 SOL (USD 769,000) on boden, and a profit of 3,867 SOL (USD 650,000) on POPCAT. But this trader has lost money on many things, trading a total of 20 MEMEcoins, of which only 4 were profitable, with a success rate of only 20%. But his total profit is 5,394.5 SOL (906,000 US dollars).

According to the report from Golden Finance, based on the monitoring of Lookonchain, an address sold 49,253 boden (worth $16,000) and bought 50,797 tremp (worth $29,000).

PANews reported on May 9 that according to CoinDesk, the joke Meme coin Boden, who deliberately misspelled the name of US President Joe Biden, soared 25% Token on Wednesday after his Republican challenger, former President Donald Trump, answered questions from reporters. "I DON'T LIKE THIS INVESTMENT," MR. TRUMP SAID AT AN IMPROMPTU NEWS CONFERENCE AT MAR-A-LA-LAGO dealer in Palm Beach, Florida, after a reporter described BODEN to him and said the Token had a market capitalization of $240 million. After peaking at $0.42, the BODEN price Fluctuation and was trading at $0.40 at press time, still about 15% higher than at the time of Trump'pump comments (in reality). Earlier today, Trump announced that he was accepting U.S. presidential campaign contributions in the form of Crypto Assets.

coin Jiejie.com reports: A trader named paulo.sol made more than $26 million on Solana Blockchain by trading memcoins long After starting researching the Bonk (Bonk) memcoin Intrerest Rate and investing in the asset in early November last year, he participated in Fluctuation Trading, profiting more than $6.28 million from Token price Fluctuation. He bought Crypto Assets for Dogwiphat hard coins (WIF) and Jeo Boden hard coins (BODEN) in December 2023, buying them several times when their value skyrocketed. With these transactions, paulo.sol made $9.51 million and $7.04 million, respectively, and they still hold more than $6.3 million in positions. Analysts of the company noted that the trader's success was associated with the continued prosperity of the meme Token

According to BlockBeats' report, according to the monitoring data from Lookonchain, Paulo.Sol made a profit of $22.83 million through trading meme coins on Solana on April 26th, including a profit of $9.51 million from WIF coin, $7.04 million from Boden coin, and $6.28 million from Bonk coin.

According to Lookonchain, paulo.sol has made a profit of up to $22.83 million through trading Meme coins on the Solana ecosystem, with a profit of $9.51 million on WIF, $7.04 million on BODEN, and $6.28 million on BONK.

Coin Network Report: Coin Network reported that according to Lookonchain data, paulo.sol achieved a profit of $9.51 million on WIF, a profit of $7.04 million on BODEN, and a profit of $6.28 million on BONK. Back on November 11, 2023, paulo.sol noticed the upside pump of BONK and bought BONK. HE MADE ABOUT $6.28 MILLION BY BUYING BONK AT A LOW PRICE AND SELLING IT AT A HIGH PRICE. On December 4, 2023, paulo.sol discovered WIF and purchased it. On March 6, Paulo.sol found Boden and bought it. paulo.sol did not buy when WIF and boden first went live, but paid attention and bought heavy position when they first started to big pump. Currently, paulo.sol still holds 12.87 million BODEN ($7.6 million) and 1.87 million WIF ($5.7 million). paulo.sol today spent $1.77 million on 4.3 million POPCAT at an average price of $0.42. And he spent $5.97 million to buy 101,712 PUPS at an average price of $59 since April 11, becoming the largest holder of PUPS on Solana.

According to Lookonchain data, paulo.sol achieved a profit of $9.51 million on WIF, $7.04 million on boden, and $6.28 million on BONK, according to Lookonchain data. Back on November 11, 2023, paulo.sol noticed the upside pump of BONK and bought BONK. HE MADE ABOUT $6.28 MILLION BY BUYING BONK AT A LOW PRICE AND SELLING IT AT A HIGH PRICE. On December 4, 2023, paulo.sol discovered WIF and purchased it. On March 6, Paulo.sol found Boden and bought it. paulo.sol did not buy when WIF and boden first went live, but paid attention and bought heavy position when they first started to big pump. Currently, paulo.sol still holds 12.87 million BODEN ($7.6 million) and 1.87 million WIF ($5.7 million). paulo.sol today spent $1.77 million on 4.3 million POPCAT at an average price of $0.42. And he spent $5.97 million to buy 101,712 PUPS at an average price of $59 since April 11, becoming the largest holder of PUPS on Solana.

PANews reported on April 26 that according to Lookonchain monitoring, the Satoshi Mingqian Address marked as paulo.sol on the on-chain is recently buying PUPS and POPCAT. He spent $1.77 million today to buy 4.3 million POPCAT at an average price of $0.42. Since April 11, he has spent $5.97 million on 101,712 PUPs at an average price of $59, becoming the largest holder of PUPs on Solana. The Address had made a profit of $9.51 million on WIF, $7.04 million on BODEN and $6.28 million on BONK.

Odaily Planet Daily News Solana Labs co-founder Toly (Anatoly Yakovenko) posted on the X platform that there are some uncertainties about SWQoS. For DApps, the minimum stake requirement does not exist, it is to cover the minimum non-default validator stake. Basically, 100% of validators are above the minimum. In classic Solana style, its purpose is not to solve your problems, but to remove obstacles for you to solve them. Maybe the best solution would be a mempool, maybe it locks Tremp or Boden tokens in exchange for a guaranteed connection, maybe it's a simple USDC = > connection vending machine. In order to try these ideas without SWQoS, developers need to convince all validators to install their software and allocate capacity to it. With SWQoS, developers need an arbitrary percentage of staked validators to do this.

According to Solanians statistics, the top 10 Meme coin trading volume on the Solana chain in the past 24 hours are: WIF: $174 million; PUPS: $127 million; BODEN: $31 million; KITTENWIF: $30 MILLION; BONK: $25 million; BOME: $24 million; CATPARTY: $23 MILLION; POPCAT: $18 million; MEW: $18 million; SC: $15 million; SHORK: $15 million; WAR3: $15 million.

Dogwifhat Price Prediction: Is Now a Good Time to Buy WIF Near All-Time Highs? Investors are turning to meme tokens they believe are affordable, including the explosive Solana-based Dogwifhat (WIF). Over the past 24 hours, the dog-themed token exploded, rising 15% to $4.14 during Monday's U.S. trading session. Bitcoin price topped $72,000 after recovering to $65,000 in April. The new rally in price comes just before Bitcoin is expected to halve for the fourth time in less than a week. As with the previous halving, investors have been taking advantage of the positive momentum in the market to shift their attention to coins that have a high correlation with Bitcoin's price, such as meme coins. Market data shows that the price of the meme coin has risen by a whopping 9%, led by a 15% rise in Dogwifhat. Other related tokens that performed well on Monday include Joe Boden (BODEN), Degen (Base) (DEGEN), Popcat (POPCAT), and The Dog NFT (DOG). WIF's trading volume surged to $711 million in 24 hours, reflecting growing investor interest. Subsequently, Dogwifhat's market capitalization soared to $4.15 billion, making it the 30th largest cryptocurrency. The Dogwifhat price hovered above the previous day's opening price of $3.7588 – a bullish signal for many traders. This positive outlook comes after the meme coin broke out of the descending wedge pattern; With several indicators supporting the current uptrend, there is a good chance of breaking the all-time high of $4.8571 again this week. For example, the 20-day exponential moving average (EMA) (blue) and the 50-day exponential moving average (red) have recently formed a golden cross pattern that further supports a sustainable uptrend. The Relative Strength Index (RSI) at the 66 position provides strong support for commendable price action and could allow WIF to continue its rally this week. Some traders may want to see a reconfirmation of the $4 support level highlighted by the grey band before seeking more exposure. A couple of four-hour candles closing above the $4 support level will keep WIF active and in the hands of bulls waiting for the next expected ATH move. Realizing that entering price discovery mode could clear the way for debuts above $10 created an unprecedented achievement for Solana-based meme tokens. (Source: John)

Odaily Planet Daily News Birdeye data shows that Boden, a Solana Memecoin project created in the image of the current US President Biden, briefly exceeded $0.41 and is now trading at $0.35, an increase of 35.57% in 24H, and its market capitalization has exceeded $250 million, and the trading volume in the past 24H has exceeded $25.8 million. Odaily reminds users to pay attention to the safety of their assets and carefully select targets.

PANews reported on March 25 that according to The Data Nerd monitoring, 22 days ago, a shrewd investor obtained 25.64 million BODEN by exchanging 6.11 SOL (about $800). After accumulating 2 days, he started selling 24.9 million BODENs at an average price of $0.0105, earning $260,700. SO FAR, HE STILL HOLDS 708,000 BODEN (ABOUT $239,400).

According to the monitoring of The Data Nerd, 22 days ago, the address starting with 8SM2h exchanged 6.11 SOL (about $800) for 25.64 million BODEN, and sold 24.9 million BODEN 2 days later, with an average price of $0.0105 and a profit of $260,700. Currently, the address still holds 708,000 BODEN, worth about $239,400.

PANews reported on March 6 that according to CoinMarketCap data, the token on the Solana blockchain, based on US President Joe Biden and codenamed BODEN, rose by 3979.56% in 24 hours, and is now trading at $0.02241, with a daily trading volume of $23.72 million. As developers try to capitalize on the hype, a series of similar tokens based on the likes of Elon Musk, Kanye West, and Donald Trump have been issued. It is important to note that newly issued MEME coins are high-risk assets, as they often make investors fall victim to Rug Pull and Exit scams.

PANews reported on March 6 that according to CoinMarketCap data, the token on the Solana blockchain, based on US President Joe Biden and codenamed BODEN, rose by 3979.56% in 24 hours, and is now trading at $0.02241, with a daily trading volume of $23.72 million. As developers try to capitalize on the hype, a series of similar tokens based on the likes of Elon Musk, Kanye West, and Donald Trump have been issued. It is important to note that newly issued MEME coins are high-risk assets, as they often make investors fall victim to Rug Pull and Exit scams.