YEREVAN (CoinChapter.com) — KAMA meme coin soared to an all-time excessive after President Joe Biden introduced he was dropping out of the re-election race. The coin’s price greater than doubled, hitting 2.4 cents, and its market cap reached $24 million. This makes KAMA nearly 4 instances bigger than the Biden-inspired coin BODEN, which fell by practically 50% following Biden’s announcement.
Harris Meme Coin Soars After Biden’s Exit and Excessive-Profile Endorsements
The political shake-up led to the creation of latest tokens lampooning Harris and Biden on the meme coin launchpad Pump.enjoyable. Most of those tokens will probably drop in worth as merchants interact in speculative shopping for and promoting on the Solana (SOL) blockchain, the place most meme cash commerce.
Biden endorsed Harris’ marketing campaign for president, as did former President Invoice Clinton, former Secretary of State Hillary Clinton, and crypto-critic Sen. Elizabeth Warren. Harris expressed her gratitude and dedication to uniting the Democratic Social gathering and defeating Donald Trump’s Challenge 2025 agenda.
“I am honored to have the President’s endorsement and my intention is to earn and win this nomination,”
Harris mentioned in a press release.
“I will do everything in my power to unite the Democratic Party – and unite our nation – to defeat Donald Trump and his extreme Project 2025 agenda.”
Meme Coin Market Reactions: KAMA Surges, MAGA and BODEN Decline
On the time of writing, the KAMA meme coin, impressed by Vice President Kamala Harris, has surged by 54.9%, reaching a price of $0.01805. The coin’s 24-hour buying and selling quantity stands at $21,420,139, with a totally diluted valuation of $17,722,441. The circulating provide is 995,559,218 KAMA cash. The price fluctuation over the previous 24 hours exhibits a variety between $0.01103 and $0.02571. This information displays the market’s response following President Joe Biden’s announcement to drop out of the re-election race and his endorsement of Kamala Harris for president.
The MAGA meme coin, impressed by former President Donald Trump, is priced at $6.58, reflecting a 5.95% lower over the previous 24 hours. The coin’s market cap stands at $289,662,078, with a 24-hour buying and selling quantity of $21,187,466, representing a 207.66% enhance. The circulating provide is 43,997,357 TRUMP cash, with a complete provide of 46,502,452 TRUMP cash.
The BODEN meme coin, impressed by Joe Biden, is priced at $0.008462, reflecting a big 66.56% lower over the previous 24 hours. The coin’s market cap is $5.91 million, with a 24-hour buying and selling quantity of $12.36 million, marking a 368.01% enhance. The amount-to-market cap ratio stands at 210.44%. The self-reported circulating provide is 690.33 million BODEN cash, with a complete provide of the identical quantity.
