The political shake-up led to the creation of new tokens lampooning Harris and Biden on the meme coin launchpad Pump.fun.
Vice President Kamala Harris’ meme coin has soared to new heights after the announcement of President Joe Biden’s decision to drop out of the re-election race and his endorsement of Harris for the presidency.
According to CoinChapter, the KAMA meme coin has surged by 54.9%, reaching a price of $0.01805. The coin’s 24-hour trading volume stands at $21,420,139, with a fully diluted valuation of $17,722,441.
The price fluctuation over the past 24 hours shows a range between $0.01103 and $0.02571. This data reflects the market’s response following Biden’s announcement and his endorsement of Harris.
Meanwhile, the MAGA meme coin, inspired by former President Donald Trump, has decreased by 5.95%, reaching a price of $6.58. The coin’s 24-hour trading volume, however, has surged by 207.66%, indicating a strong interest in the meme coin despite its price decline.
On the other hand, the BODEN meme coin, inspired by Joe Biden, has experienced a substantial decline of 66.56%, dropping to a price of $0.008462. Despite the price decrease, the coin’s 24-hour trading volume has also increased significantly, showing a 368.01% surge.
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