Last Sunday, July 21, the forty-sixth President of the United States, Joe Biden, announced that he was ending his campaign and offered his “full support and endorsement” to Vice President Kamala Harris to replace him as the Democratic Party’s nominee in the election race.
The cryptocurrency market responded to the news with a precipitous drop in the BODEN memcoin by 62.77% to $0.0091. Over the past 24 hours, the crypto asset has moved to 1,606th place with a market capitalization of $6.4 million.
The fall of BODEN also affected other memecoins associated with members of Joe Biden’s family. For example, the memecoin associated with First Lady Jill Biden (JILL BIDEN), lost 83% of its original value.
Memcoin LAPTOP, associated with the son of the current US President Hunter Biden, according to CoinMarketCap became cheaper by 51%.
Experts at the Polymarket forecast market believe that Kamala Harris’ chances of winning the election are estimated at 26%, while Donald Trump’s are 63%.
According to the analytical platform CoinGecko, the Kamala Horris memecoin (KAMA) has grown by 79% after Joe Biden announced that he would end his election campaign.
Source: Bits
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