Trump-linked tokens dip as Kamala Harris rallies in crypto circles
Share link:In this post: Kamala Harris-inspired meme token, KAMA, surged over 9%. Trump-linked meme coin, MAGA, saw major sell-offs. Kamala Harris’s stance on crypto remains unclear.
The US Presidential candidate, Kamala Harris continues to gain ground, moving ahead of Donald Trump on Polymarket. Meanwhile, Kamala Horris (KAMA) turned out to be one of the biggest gainers among the PolitiFi meme coins as Democrats prepare for another crypto-focused meeting.
Meme tokens based on Donald Trump endured significant sell-offs after his interview with Elon Musk did not include any crypto discussions. MAGA, the largest Trump-linked meme coin, lost over 15% of its price value in the last 7 days. Other meme tokens like Baby Trump and Donal Tremp are also down by 11% and 30%, respectively.
MAGA and other Trump coins dips ahead of US elections
The disappointing run of Trump-linked likely stems from the lack of crypto discussions during the interview hosted by Elon Musk on X Spaces, which went against the expectations of many who tuned in. Token holders might be cashing out due to their unmet expectations.
Meanwhile, the Kamala Harris-inspired meme token, KAMA is on the rise. It rallied by over 9% in the past 24 hours as the person also gained support in the upcoming presidential race. Polymarket data shows Kamala Harris’ odds of winning the election now surpass Trump’s. Kamala is leading with 53% in the race while Donald Trump trails with 46%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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