{"id":33539,"date":"2024-07-03T17:30:31","date_gmt":"2024-07-03T17:30:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/kamala-horris-kama-skyrockets-as-traders-bet-on-biden-dropping-out\/"},"modified":"2024-07-03T17:30:31","modified_gmt":"2024-07-03T17:30:31","slug":"kamala-horris-kama-skyrockets-as-traders-bet-on-biden-dropping-out","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/kamala-horris-kama-skyrockets-as-traders-bet-on-biden-dropping-out\/","title":{"rendered":"Kamala Horris (KAMA) skyrockets as traders bet on Biden dropping out"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/us-election-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/us-election-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/us-election-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/07\/us-election-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Kamala Horris (KAMA) meme coin was up 322% in the past 24 hours.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Polymarket traders see odds of Biden dropping out from the race as high as 80%.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Jeo Boden meme coin has dropped nearly 40% in the past 24 hours.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Kamala Horris (KAMA), a meme coin inspired by current US vice president Kamala Harris, has skyrocketed more than 320% in the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The staggering gains for the meme coin come amid growing belief that President Joe Biden could drop out of this years\u2019 US election.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On June 27, the first presidential debate between Joe Biden and Donald Trump took place. While the Trump team left the stage upbeat, most of the Democratic Party\u2019s base felt Biden had been a disaster. Almost immediately, calls for the incumbent to step aside to allow for a replacement began to surface.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Although VP Kamala Harris has not officially commented on the matter or been publicly endorsed by the inside circle at White House, the market is factoring this possibility. <\/span><\/p>\n<p><span style=\"font-weight: 400\">That\u2019s why a political meme coin linked to the VP went parabolic on Wednesday. In this case, reports suggest that Biden is aware of the nosedive his chance of winning has taken since the debate.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Will Biden drop out?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">According to Polymarket data, traders have catapulted bets on the <a href=\"https:\/\/polymarket.com\/event\/will-biden-drop-out-of-presidential-race\">odds that Biden drops out<\/a> to over 60%. Traders on Polymarket see a 43% Kamala Harris becomes the Democratic nominie, ahead of Biden\u2019s 36% and Gavin Newson at 7%.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This outlook coincides with the massive upside move for Kamala Horris (KAMA). <a href=\"https:\/\/www.coingecko.com\/en\/coins\/kamala-horris\">CoinGecko data<\/a> shows the meme coin is up 322% to $0.01588 at the time of writing. Earlier in the day, KAMA token reached highs of $0.01852.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While KAMA appears to be soaring, \u201cRuburt F Kenidy Jr\u201d (KENIDY) has slumped more than 30% in the past 24 hours. Jeo BODEN (BODEN), on the other hand, is down 37% in the past 24 hours and over 79% down this past week.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/kamala-horris-kama-skyrockets-amid-increased-odds-of-biden-dropping-out\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Kamala Horris (KAMA) meme coin was up 322% in the past 24 hours. Polymarket traders see odds of Biden dropping out from the race as high as 80%. Jeo Boden meme coin has dropped nearly 40% in the past 24 hours. [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":33540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33539"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=33539"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/33539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/33540"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=33539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=33539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=33539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}