Meme-coin Madness: KAMA Coin Hits All-Time High
Meme-coin Kamala Horris (KAMA), dedicated to Vice President Kamala Harris, has reached a historical high of $0.026 after US President Joe Biden endorsed her candidacy for head of state. The trading volume of this meme-coin in the last 24 hours amounted to over $19.5 million, and its price has risen by an impressive 298% over the past week.
Other Meme-coins Follow Suit
As KAMA gains popularity, other meme-coins, such as Cumala Whoris (CUMALA), are also showing growth. The market capitalization of CUMALA has reached $455,000 with a trading volume of $3.5 million. The meme-coin Dark Harris (HARRIS) is showing more modest results with a capitalization of $59,000 and a trading volume of $617,000.
Decline in Joe Biden Meme-coins
Against the backdrop of KAMA’s success, there is a sharp decline for the meme-coin Jeo Boden (BODEN), dedicated to President Joe Biden. Its value has dropped by 57%, reaching $0.01, and the market capitalization has decreased to $6.6 million. Meme-coins dedicated to other members of the Biden family are also going through tough times, with Jill Boden’s coin falling by 82% and Hunter Biden’s Laptop decreasing by 45%. The market capitalization of these meme-coins has shrunk to $100,000.
Future of Meme-coins
Earlier, Ethereum co-founder Vitalik Buterin considered the possibility of using meme coins in everyday life, highlighting their growing influence on the cryptocurrency market and public attention.
