Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
After Biden's son was found guilty, the related Meme coin Hunter Boden increased in value

After Biden's son was found guilty, the related Meme coin Hunter Boden increased in value

Bitget2024/06/11 23:00

The U.S. political-themed Meme coin market has suffered a heavy setback, with its market value dropping more than 13% in the past 24 hours. In comparison, Bitcoin fell about 4%, and Ethereum dropped by 5.4%. The FreeTrump token (TRUMP) led the decline, falling by 45%; the largest market cap MAGA (TRUMP) fell by 13%. The market is highly volatile; please manage your risk accordingly. A U.S federal jury found Hunter Biden guilty on three federal felony firearm charges, marking the first time President Biden's son has been convicted of a crime. After the announcement, Hunter Boden tokens (HUNTERBODEN) on Solana rose over 30% within 24 hours to $0.001514. Jeo Boden (BODEN), however, fell by 5.5% to $0.1855.The stock market also faced selling pressure while waiting for monthly consumer price index reports and Federal Reserve monetary policy announcements.In recent weeks expectations for Fed rate cuts have weakened.

2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!