Jeo Boden, a Solana-based meme coin parodying President Joe Biden, surged over 21%, briefly surpassing $1, and hitting a new all-time high with a market cap peaking above $700 million before settling around $600 million. Influencers and traders speculate further growth, especially if former President Trump mentions it, contrasting with its rival MAGA Memecoin's $300 million valuation. The coin's potential to outperform other meme coins like dogwifhat and even reach a $50 billion market cap is discussed amidst expectations of increased value as the presidential election approaches.