Editing Jeo Boden

**Jeo Boden** (ticker **BODEN**) is a [[Solana]] memecoin parodying US president Joe Biden through a deliberately misspelled name, and one of the largest "[[PolitiFi]]" tokens of the 2024 US election year. It peaked in April 2024 and lost most of its value as Biden's campaign faltered and ended.[^1][^4]

## Lore
BODEN followed [[Doland Tremp]], the earliest misspelled-politician coin DL News could find, in a short-lived Solana trend of misspelled celebrity names.[^1] CoinDesk described the character as a mix of Biden and a Disney duck.[^4] According to DL News, BODEN rose 1,195,852% in its first 12 days, held between $15 million and $45 million in market value for about a week, then passed $50 million after appearing on Coinbase's website.[^1]

By 25 March 2024 its market capitalisation was above $250 million, while it still traded only on [[Raydium]].[^2] On 4 April it stood near $473 million.[^3] CoinGecko records an all-time high of $1.04 on 8 April 2024; with a supply of 690.3 million tokens, that is a valuation of about $718 million.[^8]

On 4 June 2024 Kraken listed BODEN and TREMP on Kraken Pro, the first major exchange open to US residents to list PolitiFi tokens.[^5]

### Decline
BODEN fell about 70% in the week after the first Biden–Trump debate and was down about 95% from its peak by 3 July 2024.[^4] When Biden withdrew from the race on 21 July 2024 it fell another 44%, while the Kamala Harris parody token "Kamala Horris" rose 52%.[^6]

## Timeline
- 2024-03-03: Raydium BODEN/SOL pool created
- 2024-03-25: market cap passes $250 million
- 2024-04-08: all-time high of $1.04
- 2024-06-04: listed on Kraken Pro
- 2024-07-03: down about 95% from peak after the presidential debate
- 2024-07-21: Biden withdraws from the race; BODEN falls 44%

## Key wallets
According to trader Toby, cited by Cointelegraph, one wallet ("D4PDe") swapped about $8 million of [[Jupiter|JUP]] for BODEN near the top; by July 2024 the position was down nearly 99%.[^7]

## See also
- [[Official Trump]]
- [[Melania Meme]]
- [[Libra]]

## References
1. [Solana's celebrity memecoin craze sent some tokens up 1,000,000%. So I decided to buy in](https://www.dlnews.com/articles/people-culture/i-traded-solana-memecoins-where-celebrity-tokens-soar-1m-pct/), DL News, 2024-03-20
2. [Solana memecoin craze continues with Biden parody token reaching $250M market cap](https://cointelegraph.com/news/solana-memecoin-craze-continues-biden-parody-token-reaching-250-million-market-cap), Cointelegraph, 2024-03-25
3. [Biden and Trump Meme Coins Skyrocket on Solana: Which One's Winning This Race?](https://decrypt.co/224889/biden-trump-meme-coins-skyrocket-solana), Decrypt, 2024-04-04
4. [Trump-Biden Tussle Sees PoliFi Sector Lose Lustre as BODEN Drops 95% From Peak](https://www.coindesk.com/markets/2024/07/03/trump-biden-tussle-sees-polifi-sector-lose-lustre-as-boden-drops-95-from-peak), CoinDesk, 2024-07-03
5. [BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo](https://www.coindesk.com/markets/2024/06/04/boden-token-up-over-10-tremp-gains-5-after-kraken-lists-solana-polifi-duo), CoinDesk, 2024-06-04
6. [Joe Biden drops out of presidential race, BODEN token plummets 44%](https://www.theblock.co/news/regulation/2024-07-21-as-joe-biden-drops-out-of-presidential-race-boden-token-plummets-44-306521), The Block, 2024-07-21
7. [BODEN trader loses nearly $8M, but 'memecoin season' still on track](https://cointelegraph.com/markets/boden-trader-loses-8m-memecoin-season-on-track), Cointelegraph, 2024-07-22
8. [Jeo Boden](https://www.coingecko.com/en/coins/jeo-boden), CoinGecko, 2026-10-21
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