On Friday morning, the price of the memecoin Jeo Boden (BODEN), with a misspelled reference to current US President Joe Biden, grew by more than 22% – to $0.36. The growth in the market value of the crypto asset became possible after a New York jury convicted former US President Donald Trump.
Last Thursday, a jury found Donald Trump guilty on all 34 counts of falsifying business records. Trump became the first US president to be convicted of a criminal offense. At the same time, even after the verdict, traders on the Polymarket blockchain forecast market continued bet that Trump will win the upcoming election with a 56% chance of winning to Biden's 38%.
The day before, US presidential candidate Donald Trump addressed voters in Washington and promised that if he wins the election, he will make the United States a leading crypto hub, and will also pardon Silk Road founder Ross Ulbricht.
Source: Bits
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