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The rapid spread of 'Joe Biden Is Dead' meme coins is being witnessed 🚀

The rapid spread of ‘Joe Biden Is Dead’ meme coins is being witnessed 🚀

Political Meme Coins Depicting Biden’s Death Flood Crypto Market 🪦

If you’ve been active in the crypto space recently, you may have come across a slew of new meme coins centered around a morbid theme related to U.S. President Joe Biden. Here’s what’s been happening:

Crypto Degens Create Speculative Tokens Amid Rumors of Biden’s Death 💀

  • Biden Dead (BIDEAD) and Biden Done (BIDONE) emerge with market caps of $660,000 and $567,000, respectively
  • Pump.fun becomes a hub for meme tokens insinuating Biden’s death or imminent demise
  • Memes surrounding Biden’s supposed passing gain traction, sparking investment interest

Debunking the Rumor: Biden’s Health Emerges as the Truth 🩺

  • A baseless rumor suggesting Biden’s death due to COVID-19 circulates online
  • Presidential physician confirms Biden’s vitals are stable with normal health monitoring
  • The Associated Press reports Biden’s COVID-19 symptoms have significantly improved

Conspiracy Theories Amplify False Claims Surrounding Biden’s Health 🌐

  • Conspiracy theorist Alex Jones fuels misinformation surrounding Biden’s health status
  • Despite factual evidence, degens continue to invest in tokens speculating on Biden’s demise
  • One token even predicts Biden’s passing “exactly at midnight” on August 15

Speculative Tokens Experience Market Volatility Amid Biden Health Rumors ⚖️

  • BidenDeadAugust15 (BIDEAD) sees a surge of 615% following false claims, then plummets by 67% post-debunking
  • Jeo Boden (BODEN), a misspelled meme coin mimicking Biden, spikes by 148% recently but remains significantly below its peak

Hot Take: Stay Informed and Avoid Speculative Investments in Meme Tokens 🚨

Remember to verify information and make informed decisions when dabbling in meme coins or speculative crypto investments. Your due diligence is key in navigating the ever-evolving crypto market!

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The rapid spread of 'Joe Biden Is Dead' meme coins is being witnessed 🚀