Memecoins Declaring Joe Biden Dead Are Proliferating As Rapidly As The Rumors

Author: Nidhi Kolhapur

Nidhi Kolhapur

Author

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Jul 23, 2024 21:00

Biden Dead (BIDEAD) was created on Monday and has already reached a market cap of $660,000. Soon after that came Biden Done (BIDONE), illustrated with a cartoon of the president’s skeleton which quickly reached a market cap of $567,000. This rumor can be traced back to Twitter account Global Press posting that a “verified source” told the outlet Biden was ‘unlikely to survive the night’ after testing positive for COVID-19. However, a twitter post cited a letter from president’s physician stating that the vitals are completely normal. It was also reported that Biden’s COVID-19 symptoms have almost resolved completely.