The rise of Kamala Horris (KAMA)
The meme coin Kamala Horris (KAMA), dedicated to Vice President Kamala Harris, has surged to a historic high of $0.026. This impressive growth comes after U.S. President Joe Biden endorsed her candidacy for the presidency. The trading volume for KAMA in the past 24 hours has exceeded $19.5 million, with a remarkable 298% increase in price over the past week.
Other meme coins on the rise
While KAMA gains popularity, other meme coins like Cumala Whoris (CUMALA) are also showing growth. CUMALA has a market capitalization of $455,000 and a trading volume of $3.5 million. In contrast, the meme coin Dark Harris (HARRIS) has more modest results, with a market capitalization of $59,000 and a trading volume of $617,000.
Challenges for Jeo Boden (BODEN)
On the flip side, the meme coin Jeo Boden (BODEN), dedicated to President Joe Biden, has faced a significant decline. Its price has dropped by 57% to $0.01, and its market capitalization has decreased to $6.6 million.
Similarly, meme coins dedicated to other members of the Biden family are also struggling. The Jill Boden coin has seen its value plummet by 82%, while Hunter Biden’s Laptop coin has decreased by 45%. Consequently, the market capitalization of these coins has dwindled to $100,000.
Earlier, Ethereum co-founder Vitalik Buterin discussed the potential use of meme coins in everyday life, emphasizing their increasing impact on the cryptocurrency market and public interest.