Biden-endorsed Kamala meme coin KAMA surges, while Biden's BODEN coin sinks

IconCryptoNewsTerminal Staff21 Jul, 2024

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Biden-endorsed Kamala meme coin KAMA surges, while Biden's BODEN coin sinks

US President Joe Biden has endorsed Vice President Kamala Harris as the Democratic presidential nominee. Subsequently, the Harris-themed meme coin, KAMA, has skyrocketed to a record high, seeing its value double, as reported by CoinDesk. Conversely, the Biden-themed meme coin, BODEN, has experienced a dive of almost 50% in value. "I'm honored to have the president's endorsement," Harris said in reference to Biden supporting her in the primary race, adding that she will "defeat Donald Trump" as the nominee.