Former US President Donald Trump, previously critical of Bitcoin and cryptocurrencies, has reversed his stance and expressed support for BTC and digital assets. Trump announced his willingness to accept cryptocurrency donations for his election campaign, marking a significant shift in his position.
During a recent event, Trump discussed the meme token Jeo Boden (BODEN), a reference to the misspelling of President Joe Biden's name. Trump expressed skepticism towards BODEN, stating that he found the market value excessive.
Following Trump's remarks, BODEN experienced a surge in price, reaching $0.42 before stabilizing around $0.36, representing a 16.5% increase in the last 24 hours.
Additionally, Trump's comments also influenced the meme token MAGA (TRUMP), which saw a notable rise in price, reaching $5.7 with a 35% increase in the last 24 hours.
Trump's unexpected support for cryptocurrencies and his comments on meme tokens like BODEN and MAGA have sparked renewed interest and optimism in the crypto community, leading to significant price movements in these assets.