A Joe Biden-themed memecoin tanked nearly 75% since his debate against Donald Trump last week, while his possible replacement’s memecoin has surged.
A Kamala Harris-themed memecoin has gained nearly 250% since Thursday as Joe Biden faces mounting pressure to drop out of the presidential race after a poor debate against Donald Trump.
Kamala Horris (KAMA) — a deliberately misspelled Solana token marketed with a poorly drawn cartoon of the United States Vice President — has seen its market cap grow to nearly $11.9 million from $3.5 million at the time of the June 27 debate, per Dex Screener.
It is down from its $22.2 million market cap peak earlier on July 3.