Jeo Boden (BODEN), a meme cryptocurrency inspired by a misspelling of President Joe Biden's name, saw a significant increase in value within the past day after former presidential candidate Donald Trump acknowledged the digital asset in a public setting.

According to CoinGecko, the price of the meme coin rose nearly 10% in the last 24 hours, along with a 20.65% increase in trading volume. The market cap of BODEN meme coin now stands at $251 million.

During an event called the Trump Cards NFT Gala at his Mar-a-Lago resort in Palm Beach, Florida, Trump engaged with fans and was informed about the BODEN meme coin by one of them.

Trump expressed his disapproval of the investment when asked about the meme coin, despite its recent peak at $0.426 and current trading value of $0.3527 at the time of reporting.

In a surprising move, Trump hinted at a favorable stance towards Bitcoin (BTC) and cryptocurrencies, contradicting his previous reputation as a vocal critic of virtual currencies. In addition, he has voiced opposition to the Federal Reserve's plans for a digital dollar if he were to be elected president.

Please note that the information shared is not financial advice, and readers are encouraged to conduct their own research or seek professional advice before making any investment decisions.