Kamala Harris Memecoin ($KAMA) Soars Over 600% on Biden Retirement Push

Over the past week, $KAMA, a memecoin linked to Kamala Harris, has seen a staggering 630% surge, according to market data. Despite being down 20% from its all-time high, the current price reflects significant growth driven by mounting pressure for President Biden to retire.

Comparatively, other politiFi memecoins like BODEN and TREMP saw their prices drop by 24.9% and 20.2% respectively, while $KAMA increased by 26.9%. This came amid an overall drop of nearly 10% in the politiFi memecoin market.

The total supply of $KAMA is approximately 995,559,218 tokens, which stands out against BODEN’s 690,325,163 tokens and TREMP’s 99,980,852 tokens. At the time of publication, the price of KAMA is quoted at $0.01447, up 22% in the last 24 hours.

📈 Horrible Horris $ LIKE memecoin gained nearly 250% on Thursday as #JoeBiden faced mounting pressure to drop out of the presidential race after a poor debate against #DonaldTrump.

ℹ️ $ LIKE has seen its market cap grow to nearly $11.9 million from $3.5 million at the time of the… pic.twitter.com/Ksie11TjTf

— Sad Creator (@SadCreatorTalks) July 4, 2024

Kamala Harris’ popularity has been growing, especially among Democrats, following the Trump-Biden debate. According to the Wall Street Journal, Tim Ryan said: “I firmly believe that our best path forward is Kamala Harris… The vice president would be able to make the case better and more clearly than President Biden ever could.”

The support of political figures such as Tim Ryan and James Clyburn has contributed significantly to $KAMA’s prominence among other political meme coins.

Disclaimer:

The views and opinions expressed by the author, or any person mentioned in this article, are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading cryptocurrencies carries a risk of financial loss.