Kraken Announces Listing of Memecoins BODEN and TREMP

The BODEN and TREMP memecoins are cryptocurrency assets based on political figures. Joe Boden (BODEN) is a token associated with the image of the current US President Joe Biden. The token depicts Biden in a satirical cartoon form, which contributes to his popularity among internet users. Donald Tremp (TREMP) is similarly based on former President Donald Trump, also caricatured.

The listing on Kraken caused a significant increase in the value of these memcoins. According to CoinMarketCap, over the past 24 hours, the Joe Boden (BODEN) price has increased by 36.5%, reaching $0.33. Donald Tremp (TREMP) is up 23% with a current value of $1.41 and a market capitalization of $140 million. This growth indicates strong interest from the cryptocurrency community and strong support from the PoliFi communities.

Kraken Pro now provides the ability to trade not only BODEN and TREMP, but also other tokens such as Wen (WEN), Tensor (TNSR), Zeus Network (ZEUS) and Nosana (NOS). This expansion of the token range makes the platform more attractive to users seeking diversity in their investments.

Cryptocurrency exchange Kraken is back in the spotlight by announcing the listing of two new memcoins - BODEN and TREMP. These political memecoins (PoliFi) are now available on the Kraken Pro platform, making Kraken the first US exchange to list such assets.

The BODEN and TREMP memecoins are cryptocurrency assets based on political figures. Joe Boden (BODEN) is a token associated with the image of the current US President Joe Biden. The token depicts Biden in a satirical cartoon form, which contributes to his popularity among internet users. Donald Tremp (TREMP) is similarly based on former President Donald Trump, also caricatured.

The listing on Kraken caused a significant increase in the value of these memcoins. According to CoinMarketCap, over the past 24 hours, the Joe Boden (BODEN) price has increased by 36.5%, reaching $0.33. Donald Tremp (TREMP) is up 23% with a current value of $1.41 and a market capitalization of $140 million. This growth indicates strong interest from the cryptocurrency community and strong support from the PoliFi communities.

Kraken Pro now provides the ability to trade not only BODEN and TREMP, but also other tokens such as Wen (WEN), Tensor (TNSR), Zeus Network (ZEUS) and Nosana (NOS). This expansion of the token range makes the platform more attractive to users seeking diversity in their investments.

Kraken's decision to list these memecoins comes against the backdrop of an important political event: the final Republican Party primaries took place in several regions of the United States yesterday. Donald Trump received a majority of votes in intra-party elections in Montana, New Jersey and New Mexico. This political context is likely to increase interest in tokens associated with political figures, which is also reflected in their value.

It is interesting to note that recently the TRUMP token associated with Donald Trump saw a drawdown after the former president was found guilty of forgery. These developments highlight how much political activity can influence the cryptocurrency market.

The listing of memecoins BODEN and TREMP on Kraken Pro represents a significant step for both the exchange and the PoliFi category. The introduction of these tokens attracted the attention of the community and caused a significant increase in their value. This move demonstrates Kraken's commitment to offering innovative and relevant products to its users, reflecting the dynamic changes and interests in the cryptocurrency space.