Following former President Donald Trump's endorsement of cryptocurrencies, memecoins themed around Trump and current President Joe Biden, known as TRUMP and BODEN coins, have experienced significant surges in value, with TRUMP coin jumping 35% and BODEN coin increasing by 16%. Trump's public support comes amid a broader political and regulatory landscape where the U.S. House of Representatives recently repealed the SEC's anti-crypto policy, SAB 121, signaling a potential shift in the regulatory environment. This development coincides with a broader discussion on the role of digital assets in U.S. politics, particularly as the country heads towards the next presidential election, where crypto policy could emerge as a significant campaign issue.