Biden-Themed Solana Memecoin Surges 42% Amid Health News—Because Crypto Never Sleeps
Solana’s latest celebrity memecoin—this one tied to the U.S. president—just ripped higher on news of Biden’s cancer diagnosis. Because nothing says ’efficient markets’ like gambling tokens reacting to unrelated headlines.
The 42% pump defies logic, but since when has crypto needed logic? Traders are piling in, proving once again that in this market, sentiment trumps fundamentals every time.
Bonus jab: Wall Street analysts are still trying to justify this move with ’macro narratives’—bless their spreadsheets.
Joe Biden token recovers some losses
Data from DEXScreener shows the token spiked dramatically from under $0.0032 to a session high of approximately $0.0058, an intraday gain of nearly 80% in under an hour.
The rally was accompanied by a surge in trading volume, surpassing $4 million at one point today, 15,499.60% more than its level 12 months ago. Its market cap now stands at $2.5 million, 25,820% below its peak at $648 million on April 11, 2024.
After topping out NEAR its local high, BODEN retraced as early buyers took profits, sending the token tumbling back below the $0.0040 mark.
As of the latest trading session, the memecoin is hovering around $0.003582, showing signs of stabilization near an intraday support level at $0.0035. Market momentum has cooled, and the token appears to be entering a phase of horizontal consolidation.
Biden cancer forced him to step down in the 2024 elections
Joe Biden’s prostate cancer has metastasized to his bones, according to a statement released by his office on Sunday. The diagnosis was confirmed on Friday after Biden sought medical attention earlier in the week for increasing urinary symptoms.
Doctors discovered a prostate nodule, and subsequent evaluation revealed a high-grade cancer with a Gleason score of 9 out of 10, which they termed a “fast-growing and aggressive disease.”
Biden’s team told reporters that the cancer is “hormone-sensitive,” which could help the 82-year-old manage the pain and spread through targeted therapies. The former president and his family are currently reviewing treatment options.
As the oldest president in US history, Biden’s physical and cognitive fitness became an issue during his tenure, which naysayers picked up after his faltering debate performance against Donald TRUMP in June 2024.
His readiness to serve another term came into question, amplified by subsequent revelations in a new book co-authored by CNN’s Jake Tapper and Axios journalist Alex Thompson.
One anecdote describes a moment at a June 2024 fundraiser where Biden reportedly failed to recognize actor George Clooney.
Trump issues words of encouragement
Sitting US President Donald Trump extended well wishes via Truth Social, writing, “We are saddened to hear about Joe Biden’s recent medical diagnosis. We extend our warmest and best wishes to Jill and the family. We wish Joe a fast and successful recovery.”
Former Vice President Kamala Harris, who took up Biden’s democratic party ticket to vie in the 2024 elections after he stepped down, said she and her husband Doug Emhoff are praying for the Biden family.
“Joe is a fighter, and I know he will face this challenge with the same strength, resilience, and Optimism that have always defined his life and leadership,” she wrote on X.
UK Prime Minister Keir Starmer joined international voices in offering support, wishing Biden’s family “all the very best, and a swift and successful treatment.”
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