Polymarket’s prediction that Kamala Harris’s chances of becoming the Democratic nominee for president this year increased by over 400% on July 2nd saw the Kamala Harris price rise by well over 126%.
The political meme coin was valued at $0.008 as of 29 a.m. EST after the increase of “Yes” shares to 35 cents in a contract predicting her probability of getting approval, which indicates a 35% probability that she will win the June Democratic nomination for the November election.
Demands for Joe Biden to Resign Grows Popular Among His Own Supporters
Joe Biden still leads with Yes shares at 48% but his supporters are being pressured to clear the way for Harris to take the reins.
The Washington Post reported that Obama worried about Biden’s chances in the next election after the awful debate with Trump last week.
Former Congressman Tim Ryan, the first presidential candidate to endorse Biden in 2020, was blistering in a Newsweek op-ed piece.
“Kamala Harris Should Be the Democratic Nominee for President in 2024.”
Kamala Harris comes out unharmed in political meme coin disaster
Among the meme coins, Kamala Harris was the best-performing token, although most of the tokens in this category were in the red territory. This subset of digital assets has declined its market cap by more than 10% on the last day of trading, according to data from CoinGecko.
Biden and Trump-based political meme coins took the biggest hits, with Jill Boden (JILLBODEN) down by over 50% in the last 24 hours and FreeTrump ($TRUMP) losing over 43% of its value.
It fell almost 4% in the last 24 hours, and investors could turn to tokens that have not been listed for public trading yet in order to prepare for this.
