The Joe Biden-themed joke cryptocurrency token tanked on Friday after the first presidential debate of the electoral year with Donald Trump. After the debate, the exchange rates of the Jeo Boden (BODEN) coin fell by more than 32% and stabilized at around $0. 08, based on data from the digital currency tracker CoinGecko.
It was not a good outing for Biden as he appeared to have tripped and fumbled while speaking in a rushed and incoherent manner.
At some point, he had a cold and sneezed, which almost cost him otherwise very good answers.
Debate Backfire: Biden Struggles Bury Boden and TREMP Token Downward Trend
This marked one of the strategic missteps in hindsight, given that he delivered a subdued performance after demanding that former President Trump to a debate.
A comment from $BODEN shows the token’s ironic, community-focused approach and says that Boden’s price drop is similar to reactions to Biden’s debate performance.
Trump ridiculed the Boden token when he learned that its market capitalization topped $240 million.
On the other hand, an altcoin associated with former US president Donald Trump, known as TREMP, declined by 13.7% on Friday in this trading at the rate of $0.60. Debate Disarray: Voter concerns rise as Biden stumbles through issues.
Debate Disarray: Biden’s Stumbles Raise Voter Concerns on Key Issues
While interacting, voters also raise questions about Biden’s fitness for the presidency due to his age, and there are reports that this campaign did little to calm such voters.
At one point, Biden was rather confused when asked about the war in Gaza, to which he said,
“We are the biggest producer of support for Israel of anyone in the world.”
In another question about the national debt, Biden moved to a completely different subject and said, “We finally beat Medicare.”
President Trump Exploits Biden’s Gaffes in the First Debate
Biden, on the other hand, stumbled, while Trump maintained a calm demeanor and effectively threw shade at the president while avoiding difficult questions himself.
Although both are considered leading candidates for their parties’ nominations, they have yet to receive them.
Biden stepped up as the evening went on; however, his lackluster first half may have caused internal deliberations among the Democrats regarding Biden’s suitability for the nomination.
