Summary
- A memecoin called “Jeo Boden” saw a 20% surge in value after former US President Donald Trump made a comment about it at an NFT event.
- Analysts are divided on whether Trump’s mention will have a lasting impact on the memecoin’s value.
- The prediction platform Polymarket has created a contract speculating on the likelihood of Trump mentioning Boden again.
- The rise of Boden highlights the risks associated with memecoins and the unpredictable nature of investing in volatile assets.
