COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Joe Biden’s recent decision not to run for re-election in 2024 has created considerable upheaval in the cryptocurrency market.
- One unexpected consequence has been the significant volatility in the values of various politically-themed meme coins.
- Jeo Boden (BODEN), a meme coin named after Joe Biden, saw its value plummet dramatically following this announcement.
Explore how Joe Biden’s withdrawal from the 2024 presidential race has impacted the meme coin market and the soaring fortunes of rival tokens.
Joe Biden Withdraws From 2024 Presidential Race
In an unexpected turn of events, current U.S. President Joe Biden announced that he will not be seeking re-election in the 2024 presidential race. Biden cited that retreating from the race is in the best interest of his party and the nation. This announcement has caused a ripple effect in various sectors, especially the meme coin market.
Immediate Impact on Jeo Boden Meme Coin
The abrupt announcement particularly impacted Jeo Boden (BODEN), a meme coin named after Biden, whose value dipped substantially. Trading at approximately $0.02544 before the announcement, the token’s value nosedived by 68%, reaching $0.00827 shortly after the news broke. This stark decline indicates the significant influence of political events on niche crypto markets.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Positive Surge in Other Meme Coins
Interestingly, while BODEN saw a sharp decline, other meme coins centered around potential political candidates saw noteworthy gains. Kamala Horris, a token presumably named after Vice President Kamala Harris, surged by 52%. Additionally, Gabin Noosum meme coin, likely associated with another political figure, experienced a staggering 115% increase. These movements reflect the highly speculative nature of meme coins and the market’s reaction to political dynamics.
Surge in Trump-Associated Meme Coins
Donald Trump’s politically-themed meme coins also benefitted from Biden’s announcement. Doland Tremp, a coin named after Trump, rose by 24% following the news. Speculators and investors seem to be increasingly betting on Trump’s chances, influencing the price of associated cryptocurrencies significantly.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
Polymarket Predicts Future Political Outcomes
Notably, the decentralized prediction market platform Polymarket also saw considerable changes. Biden’s chances of winning the 2024 election dropped below 1% on the platform. In contrast, Kamala Harris’s chances rose to 26%, while Trump’s likelihood to secure a win remained steady at 63%. These statistics further illustrate how political developments resonate through prediction markets and crypto-related assets.
Conclusion
The fallout from Joe Biden’s announcement not to run for re-election in 2024 underscores the profound connection between political events and cryptocurrency volatility. The rapid shifts in the value of politically-themed meme coins such as Jeo Boden, Kamala Horris, and Doland Tremp highlight both the speculative nature of these assets and their sensitivity to real-world news. As the political landscape continues to evolve, one can anticipate further fluctuations in the values of these and other niche cryptocurrencies.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |