After US President Joe Biden endorsed Vice President Kamala Harris as a presidential candidate, the KAMA coin dedicated to her reached an all-time high of $0.026. The coin’s daily trading volume was over $19.5 million. Over the past seven days, the price of Kamala Horris has increased by 298%.
The market capitalization of another coin, Cumala Whoris (CUMALA), reached $455,000 with a trading volume of $3.5 million. The figures for Dark Harris (HARRIS) were more modest – $59,000 and $617,000, respectively.
In turn, the Jeo Boden (BODEN) memecoin dedicated to Joe Biden showed a sharp drop of 57%, to $0.01. The coin’s capitalization fell to $6.6 million.
Memecoins dedicated to Biden family members also showed a significant decline. The Jill Boden asset quotes fell by 82%, and the Hunter Biden`s Laptop coin rate by 45%. The market capitalization of the two memcoins fell to $100,000.
Earlier, Ethereum co-founder Vitalik Buterin explained how meme coins can find practical application in everyday life.
Source: Bits
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