Bittime - Last March, two new memecoins launched on the Solana blockchain, attracting attention in a unique way by poking fun at presidential candidates in the upcoming United States elections.
This memecoin, featuring caricature images of candidates, has surged in popularity since its launch.
The Joe Biden themed coin is called Jeo Boden ($BODEN), while the Donald Trump themed coin is called Doland Tremp ($TREMP).
The Soaring Value of the $TREMP Token
The value of the $TREMP token has skyrocketed by hundreds of thousands of percent, from an initial price of just a fraction of a cent to almost $1.
This increase accelerated after former president Donald Trump openly supported the memecoin.
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Current Performance of $BODEN
BODEN price experienced a rapid increase from $0.35 to almost $0.45. However, the increase did not last long and the price fell back to around $0.35.
Current Performance of $TREMP
The price of the $TREMP token has seen an explosive rise since the publication of this news. Before this news was shared, TREMP was trading at just under $0.30.
However, within an hour, TREMP price surged by more than 100%, reaching a high of $0.66. The price increase continued overnight, with TREMP peaking at $0.91. This marks a total increase of more than 200% in just seven hours.
Impact of Surging $TREMP
This significant increase in the price of $TREMP was likely exploited by many investors to take profits, causing the price of TREMP to fall back to around $0.75.
Nonetheless, keep in mind that the price of $TREMP still saw an increase of more than 170% in the last 24 hours.
In market capitalization, $TREMP still lags behind BODEN. Currently, TREMP's market value is around $70 million, while BODEN's is still much higher at $240 million.
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What is Doland Tremp ($TREMP)?
Doland Tremp ($TREMP) is a crypto asset launched in 2021. The token is built on the Ethereum blockchain platform and has a maximum total supply of 100 million. Doland Tremp is designed to be used as an internal currency within the Doland ecosystem.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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