There are, however, more established election-related memecoins including MAGA and the Kamala Harris-themed KAMA. Trading volume for MAGA, which launched in August 2023, has surged by 27% in 24 hours, taking its market cap above $150 million. KAMA rose by 150% on Nov. 1. It has since tumbled by 50% to an $11 million market cap.
Related Posts
Memecoin Creators Exploit U.S. Election Mania, Create Thousands of New Tokens on Solana, Ethereum
There are, however, more established election-related memecoins including MAGA and the Kamala Harris-themed KAMA. Trading volume for MAGA, which launched…
Is Optimism's 'Superchain' Winning the Ethereum Layer-2 Race?
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in…
‘It’s so Early’ How Solana (SOL) Is Competing with Ethereum (ETH) for Institutional Interest
“BlackRock’s BUIDL is based on Ethereum, and for what they’re trying to build, I think that’s perfectly fine,” Wald added,…