Solana meme coins TREMP, BODEN rise after Donald Trump’s pro-crypto stance

Source Fxstreet
  • Solana-based meme coins TREMP and BODEN post nearly 125% and 7% gains on Thursday. 
  • Former US President Donald Trump says his campaign will likely accept crypto donations. 
  • Trump’s pro-crypto stance is likely catalyzing gains in the Solana-based meme coin TREMP, pushing it to $0.7440. 

A Solana-based meme coin Doland Tremp (TREMP) posted over 100% gains on Thursday, before pulling back to $0.6750. The price rally likely occurred after former US President Trump asked pro-crypto voters to vote for him and said his presidential campaign will accept crypto donations. 

TREMP and BODEN soar ahead of US elections

US elections have shifted market participants' focus to Solana-based meme coins Doland Tremp (TREMP) and Jeo Boden (BODEN), two meme coins inspired by the names of the two candidates. The rally happened after several videos of Donald Trump were posted by Frank Degods, an NFT creator and crypto proponent. 

Trump is quoted as saying:

If you can’t, I’ll make sure you can. Can we donate to the Trump campaign using crypto? I believe the answer is yes.

The former US President said that President Joe Biden “doesn’t know” what cryptocurrency is and called crypto market participants to vote for him. “If you like crypto in any form, and it comes in a lot of different forms, if you are in favor of crypto, you better vote for Trump,” he said.

TREMP price is $0.7056 at the time of writing, up over 124% in a day. BODEN price is up 7% on Thursday. TREMP surged to a peak of $0.7440 on Thursday as market participants responded to the former US President’s pro-crypto stance. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Trend Forecast: US-Iran Peace Talks Drive Gold Rebound, Is the Gold Slump Over?As of the Asian session on June 12, gold ( XAUUSD) prices oscillated lower near $4,180. Yesterday, gold prices briefly dipped toward $4,000 before rebounding sharply above $4,200 on news
Author  Rachel Weiss
8 hours ago
As of the Asian session on June 12, gold ( XAUUSD) prices oscillated lower near $4,180. Yesterday, gold prices briefly dipped toward $4,000 before rebounding sharply above $4,200 on news
placeholder
WTI steadies around $85.00 as Trump indicates potential Iran dealWest Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
Author  FXStreet
17 hours ago
West Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
placeholder
SpaceX Listing Imminent. Funds Flood Into SpaceX On-Chain Tokens, Bitcoin Rebound Momentum May Be WeakenedPerpetual contracts and pre-market tokens for SpaceX are attracting liquidity from the cryptocurrency market, hindering a further rally in Bitcoin.On June 11, Bitcoin ( BTC) continued to
Author  TradingKey
Yesterday 08: 39
Perpetual contracts and pre-market tokens for SpaceX are attracting liquidity from the cryptocurrency market, hindering a further rally in Bitcoin.On June 11, Bitcoin ( BTC) continued to
placeholder
Gold Prices Narrowly Hold $4,000 Level, When Will Precious Metals Selloff Stop? On June 10, Eastern Time, spot gold ( XAUUSD) fell through the $4,100 level during intraday trading after four consecutive sessions of selling, nearing the $4,000 psychological threshold;
Author  TradingKey
Yesterday 02: 22
On June 10, Eastern Time, spot gold ( XAUUSD) fell through the $4,100 level during intraday trading after four consecutive sessions of selling, nearing the $4,000 psychological threshold;
placeholder
US-Iran Tensions Escalate. Iran Announces Closure of Strait to All Vessels; Brent Crude Hits $95 The U.S.-Iran conflict continues to escalate, driving oil prices sharply higher. On Wednesday, Brent and WTI crude futures both closed higher, breaching $90 per barrel. During Thursday's
Author  TradingKey
Yesterday 02: 18
The U.S.-Iran conflict continues to escalate, driving oil prices sharply higher. On Wednesday, Brent and WTI crude futures both closed higher, breaching $90 per barrel. During Thursday's
Related Instrument
goTop
quote