Surge in Misspelled Celebrity Memecoins on Solana

'Jeo Boden' leads the pack with a $49 million market cap amid a broader interest in meme coins.

Misspelled celebrity memecoins on Solana, like 'Jeo Boden', see significant price surges, with 'Jeo Boden' reaching a $49 million market cap.
The trend of creating memecoins based on humorous misspellings of celebrity names is gaining momentum, with tokens named after political and public figures.
Despite individual gains, the overall memecoin market cap has decreased by over 4% in the past 24 hours, contrasting with a global cryptocurrency market cap increase.
Investors in 'Jeo Boden' have reported substantial returns, with some seeing over 100x returns on their initial investments.
The rise in popularity of these memecoins coincides with Bitcoin reaching new all-time high prices, fueling interest in the broader meme coin market.