Kamala Horris Token Soars 126% As Polymarket Odds Of Kamala Harris Winning Democratic Nomination Skyrocket

The Kamala Horris worth surged over 126% after Polymarket odds of Kamala Harris turning into the Democratic nominee for president this 12 months greater than quadrupled on July 2.

The political meme coin traded arms at $0.008 as of three:25 a.m. EST after “Sure” shares in a contract asking whether or not she would obtain approval surged to 35 cents. That signifies that punters see a 35% probability that she’s going to turn out to be the Democratic nominee for the upcoming November election.

Supporters Name On Joe Biden To Step Down

Joe Biden continues to be the favourite, with “Sure” shares in favor of him standing at 48%. Nonetheless, supporters have began calling on him to step apart and let Harris take over. 

The Washington Submit reported that former president Barack Obama is worried about Biden’s possibilities of re-election after a catastrophic efficiency in a debate with Trump final week.

what might be

unburdened by what has been pic.twitter.com/zp97MU6uSn

— Polymarket (@Polymarket) July 3, 2024

“We should always do all the things we will to bolster her, whether or not it’s in second place or the highest of the ticket,” stated Rep. James Clyburn in a televised interview on July .

Former Congressman Tim Ryan, the primary presidential candidate to endorse Biden in 2020, was extra blunt in a Newsweek op-ed entitled “Kamala Harris Ought to Be the Democratic Nominee for President in 2024.”

Kamala Horris Escapes The Political Meme Coin Massacre

Kamala Horris was by far the top-performing meme coin, with nearly all of tokens on this crypto class struggling main losses. This subset of digital property noticed its market cap plummet greater than 10% all through the previous day of buying and selling, based on CoinGecko. 

Largest political meme coin losers (Supply: CoinGecko)

The political meme cash that had been hit the toughest had been tokens linked to Biden and Trump. Jill Boden (JILLBODEN) bled probably the most with a 24-hour lack of greater than 50%. The second greatest loser was FreeTrump ($TRUMP) after it shed over 43% of its worth. Trump Mania (TMANIA) and AMC had been the third and fourth greatest losers, respectively.

With the general meme coin market additionally plunging nearly 4% up to now 24 hours, buyers could flip to tokens that aren’t but tradable on the open market to attend out the storm.

Amongst analyst favorites on this presale class are AI meme coin WienerAI (WAI), PEPE spinoff Pepe Unchained (PEPU), and the P2E Doge spinoff PlayDoge (PLAY).

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