Everything you need to know about $BODEN

Current price: $ fetching data...

Contract Address: 3psH1Mj1f7yUfaD5gh6Zj7epE8hhrMkMETgv5TshQA4o

Ticker: $BODEN

Blockchain Network: Solana

Apr 9, 2024

What is $BODEN?

The Boden Token, with the ticker symbol BODEN, is a cryptocurrency that operates on the Solana blockchain. It was launched in early 2024 as a memecoin, a type of cryptocurrency that is often based on internet memes, jokes, or cultural references. The token's name and branding are inspired by a play on words, combining "Joe Biden" with "Boden," possibly a reference to the German word for "ground" or "floor," which may symbolize the token's aim to be grounded in its community or to provide a foundation for its users.

The Boden Token's primary purpose is to serve as a community-driven cryptocurrency, aiming to unite people through humor and commentary on political figures, particularly President Joe Biden. It has a strong emphasis on community engagement and has gained popularity through social media platforms, where users share memes and support one another. The token's value is driven by its community's enthusiasm and the speculative nature of memecoins.

In terms of market performance, the Boden Token has experienced significant volatility since its inception. The token reached an all-time high of $0.956852 in April 2024, but has since seen fluctuations in price. As of the latest data, the token is valued at approximately $0.157861, with a market capitalization of around $108.975 million. It has a circulating supply of 690.325 million tokens, with a maximum supply of the same amount.

The token's trading volume has been significant, with a 24-hour trading volume of around $6.350 million. It is listed on various exchanges, including those that support trading against USDT, SOL, and other cryptocurrencies. The token's price has experienced both sharp increases and decreases, reflecting the speculative nature of memecoins and the influence of community sentiment.

The Boden Token's journey to a market capitalization of $250 million highlights the power of memecoins in capturing the public's imagination and driving frenzied speculation. The token's success can be attributed to its strong community engagement, the scarcity and urgency created by its limited supply, and the marketing strategies employed by its developers.

View $BODEN's price below. This chart visualizes the current price of $BODEN to the US dollar.

Here's a step by step guide on how you can buy $BODEN.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $BODEN to trade.

Once you have money in your trade balance, you can click trade.

Select $BODEN

*Token prices in the screenshots below are outdated*

Step 4: Buy $BODEN.

Once you select $BODEN, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $BODEN whenever you want.

Whenever you're ready to sell, you can sell $BODEN and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $BODEN as a crypto beginner, you can follow these steps:

1. Get a Crypto Wallet: You'll need a digital wallet to store your $BODEN tokens. Popular options include Phantom, Solflare Wallet, or Coinbase Wallet. Download and set up your chosen wallet.

2. Purchase Solana (SOL): $BODEN is a token on the Solana blockchain. You'll need to buy some SOL to cover transaction fees and to swap for $BODEN. Use a reputable exchange like Coinbase, Binance, or Kraken to purchase SOL with your local currency.

3. Transfer SOL to Your Wallet: Withdraw your SOL from the exchange to your wallet. Make sure to double-check the wallet address before confirming the transfer.

4. Choose a Decentralized Exchange (DEX): You can use a DEX like Raydium, Orca, or Serum to swap your SOL for $BODEN. These platforms are like marketplaces where you can trade cryptocurrencies directly with other users.

5. Connect Your Wallet to the DEX: Follow the DEX's instructions to connect your wallet. This usually involves clicking a "Connect Wallet" button and selecting your wallet type.

6. Swap SOL for $BODEN: Once your wallet is connected, you can swap your SOL for $BODEN. Enter the amount of SOL you want to trade, and the DEX will calculate how much $WIF you'll receive. Review the details and confirm the transaction.

7. Wait for the Transaction to Complete: The swap might take a few seconds to a few minutes to complete. Once it's done, you should see the $BODEN tokens in your wallet.

Remember to be cautious when dealing with cryptocurrencies. Always double-check addresses, transaction details, and use secure, reputable platforms.

Certain content has been prepared by third parties not affiliated with Utopia Labs Corp. or any of its affiliates and Utopia Labs Corp. is not responsible for such content. Utopia Labs Corp. is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information on content could be out-dated. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Utopia Labs Corp. makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary.

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