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 Forecast: US Non-Farm Payrolls Miss Expectations, Gold Surges Over $100, Can the Bull Run Continue?As of the Asian session on July 3, gold prices ( XAUUSD) extended yesterday's rally, climbing to an intraday high of $4,195.52. Looking at the charts, gold has gained over $100 in total s
Author  TradingKey
7 hours ago
As of the Asian session on July 3, gold prices ( XAUUSD) extended yesterday's rally, climbing to an intraday high of $4,195.52. Looking at the charts, gold has gained over $100 in total s
placeholder
Gold gains momentum above $4,100 after weak US NFP data Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls ‌(NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Author  FXStreet
15 hours ago
Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls ‌(NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
placeholder
WTI Crude Oil Price Forecast: Trump Says US-Iran Talks Progressing Smoothly, Oil May Fall Below $60 As of the European session on July 2, WTI ( USOIL) crude oil prices fluctuated with a weak bias around $68, extending their prior downward trend. From a technical perspective, against the
Author  TradingKey
Yesterday 10: 09
As of the European session on July 2, WTI ( USOIL) crude oil prices fluctuated with a weak bias around $68, extending their prior downward trend. From a technical perspective, against the
placeholder
Japanese Yen recovers sharply from 40-year low as intervention bets trigger short-coveringThe USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 1986 set the previous day.
Author  FXStreet
Yesterday 08: 10
The USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 1986 set the previous day.
placeholder
Fed Chair Warsh Says Inflation Risks Are Receding, Sending Gold Rebounding by Nearly $100On Wednesday (July 1), Eastern Time, Federal Reserve Chairman Warsh stated at the ECB's annual forum in Sintra, Portugal, that while recent US inflation expectations and inflation risks h
Author  TradingKey
Yesterday 03: 17
On Wednesday (July 1), Eastern Time, Federal Reserve Chairman Warsh stated at the ECB's annual forum in Sintra, Portugal, that while recent US inflation expectations and inflation risks h
Related Instrument
goTop
quote