{"id":15455,"date":"2024-07-23T16:23:08","date_gmt":"2024-07-23T13:23:08","guid":{"rendered":"https:\/\/forklog.com\/en\/kamala-harris-meme-coin-reaches-new-heights\/"},"modified":"2024-07-23T16:23:08","modified_gmt":"2024-07-23T13:23:08","slug":"kamala-harris-meme-coin-reaches-new-heights","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kamala-harris-meme-coin-reaches-new-heights\/","title":{"rendered":"Kamala Harris Meme Coin Reaches New Heights"},"content":{"rendered":"<p>On July 23, the meme token Kamala Horris (KAMA), dedicated to the Democratic Party&#8217;s presidential candidate Kamala Harris, surged by 62%, reaching a new price record of $0.02821.<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/kamala-horris\">CoinGecko<\/a>, the coin&#8217;s market capitalization is approximately $27 million. Since its low on June 18, KAMA has risen nearly 4000%, following the withdrawal of current President Joe Biden from the race and his endorsement of Harris. The formal nomination of the Democratic Party&#8217;s candidate will be confirmed at the convention in August.<\/p>\n<p>On the prediction platform <a href=\"https:\/\/polymarket.com\/event\/democratic-nominee-2024?tid=1721726346915\">Polymarket<\/a>, 92% of traders have collectively wagered $28.8 million on Harris being confirmed as the Democratic candidate. The next favorite is Michelle Obama with 5%.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/docsz\/AD_4nXcj9HaQCY5f2daOOu7qxFvl-x1AlTDOkih_Q-rM8BiPK8e9_Eo3aeWGIhLdx-bjCTpe6-VpJeCkDY4NcOAx9D2hML5tse0JJmeaXcmju6BhZDjv0NwUcXW5j_kjzhHY_dcT9m45RoUusj3Ck3EkTxgZBxNr?key=l343e4SxgDpdQVQbbMlpIw\" alt=\"\u0421\u0432\u044f\u0437\u0430\u043d\u043d\u044b\u0439 \u0441 \u041a\u0430\u043c\u0430\u043b\u043e\u0439 \u0425\u0430\u0440\u0440\u0438\u0441 \u043c\u0435\u043c-\u043a\u043e\u0438\u043d \u043e\u0431\u043d\u043e\u0432\u0438\u043b ATH\"\/><figcaption class=\"wp-element-caption\">Data: Polymarket.<\/figcaption><\/figure>\n<p>Republican candidate Donald Trump leads in a direct contest with Harris, according to 65% of traders.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-eu.googleusercontent.com\/docsz\/AD_4nXfuv-HTtBongJsZhrkOrWGx8ccEJh9k-bkhKyefqWJa6X886ignylUXDkkv091BvXaZVAePDgLzMOmxPwGX5qCyt1EN94RmrYQ1N8dFPyhHyOiuoylnF_qYaMCVqO_pXUI34fMYDbkr6YEsKyPIU9sqmXc?key=l343e4SxgDpdQVQbbMlpIw\" alt=\"\u0421\u0432\u044f\u0437\u0430\u043d\u043d\u044b\u0439 \u0441 \u041a\u0430\u043c\u0430\u043b\u043e\u0439 \u0425\u0430\u0440\u0440\u0438\u0441 \u043c\u0435\u043c-\u043a\u043e\u0438\u043d \u043e\u0431\u043d\u043e\u0432\u0438\u043b ATH\"\/><figcaption class=\"wp-element-caption\">Data: Polymarket.<\/figcaption><\/figure>\n<p>The US election campaign has driven significant growth in metrics on Polymarket. Transaction volume on the platform has risen to $228 million since the beginning of July, more than any other month in its history.<\/p>\n<p>Unlike Trump, who has expressed support for the cryptocurrency market and announced a speech at the Bitcoin 2024 conference, Harris has not publicly stated her stance on digital assets or her strategy regarding their regulation.<\/p>\n<p>The trade association The Digital Chamber has addressed her with an open letter, urging a reconsideration of the party&#8217;s position on this issue.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? This morning, we sent a letter to <a href=\"https:\/\/twitter.com\/VP?ref_src=twsrc%5Etfw\">@VP<\/a> with important requests to support the <a href=\"https:\/\/twitter.com\/hashtag\/digitalasset?src=hash&#038;ref_src=twsrc%5Etfw\">#digitalasset<\/a> industry. It&#8217;s in the best interest of the American people for Democrats to embrace this technology fully. <a href=\"https:\/\/twitter.com\/VP?ref_src=twsrc%5Etfw\">@VP<\/a> has a unique chance to lead this change. Here are our 3 key asks:? <a href=\"https:\/\/t.co\/9QkjQ1fxEx\">pic.twitter.com\/9QkjQ1fxEx<\/a><\/p>\n<p>\u2014 The Digital Chamber (@DigitalChamber) <a href=\"https:\/\/twitter.com\/DigitalChamber\/status\/1815389800364450296?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bloomberg noted the hopes of Bitcoin companies for a Trump presidency. Last week, Trump introduced cryptocurrency supporter J.D. Vance as his vice-presidential candidate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On July 23, the meme token Kamala Horris (KAMA), dedicated to the Democratic Party&#8217;s presidential candidate Kamala Harris, surged by 62%, reaching a new price record of $0.02821. According to CoinGecko, the coin&#8217;s market capitalization is approximately $27 million. Since its low on June 18, KAMA has risen nearly 4000%, following the withdrawal of current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1280,1161,842,1148,26],"class_list":["post-15455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-elections","tag-memes","tag-politics","tag-polymarket","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"42","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15455"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15454"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}