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

Kamala Harris's Political Meme Coin Surges Amidst Calls for Biden to Step Down

The value of the Kamala Horris political meme coin skyrocketed by over 126% after Polymarket's odds of Harris becoming the Democratic presidential nominee quadrupled on July 2nd.

The "Yes" shares in a contract speculating on Harris's nomination surged to 35 cents, indicating a 35% chance of her securing the nomination for the upcoming November election.

Supporters Demand Biden's Resignation

Despite Biden still being the favorite, with "Yes" shares at 48%, supporters have urged him to withdraw in favor of Harris. Former President Barack Obama reportedly expressed concerns about Biden's re-election prospects after his lackluster debate performance against Trump.

"We should do everything we can to bolster her," stated Representative James Clyburn. Former Congressman Tim Ryan, who endorsed Biden in 2020, penned an op-ed advocating for Harris to be the 2024 Democratic nominee.

Kamala Horris Survives Political Meme Coin Bloodbath

Kamala Horris emerged as the top performer among political meme coins, as most tokens in this category suffered significant losses. According to CoinGecko, the market cap of this subset of digital assets fell by over 10%.

Meme Coin Losers

Biden and Trump-related tokens were particularly hard hit. Jill Boden (JILLBODEN) plummeted by over 50%, while FreeTrump ($TRUMP) dropped by 43%. Trump Mania (TMANIA) and AMC followed as the third and fourth biggest losers, respectively.

As the overall meme coin market also experienced a nearly 4% decline, investors may seek refuge in tokens still unavailable on the open market. Presale favorites include AI meme coin WienerAI (WAI), PEPE derivative Pepe Unchained (PEPU), and P2E Doge derivative PlayDoge (PLAY).