Biden's Exit Triggers Market Shock: Polymarket Gamblers Lose $2 Million, Meme Coin BODEN Halves, KAMA Surges 180%
Biden withdraws, backing Harris; Polymarket bets swing wildly, meme coins react dramatically.
![image Hafiz](https://image.coinlive.com/24x24/cryptotwits-static/577e3135526c9e70269b43c10743cefc.png)
Biden withdraws, backing Harris; Polymarket bets swing wildly, meme coins react dramatically.
A memecoin associated with Biden plunged more than 60%, while a memecoin associated with U.S. Vice President Kamala Harris rose 133% before cooling off.
Sonic, a gaming-focused layer 2 blockchains atop Solana, has raised $12M in a Series A funding round. The Series A round was spearheaded by BITKRAFT, with other noteworthy investors being Galaxy Interactive and Big Brain Holdings.
Historically, memecoin seasons have marked the end of bull cycles. What kind of market are we in now?
Within five hours of a Delaware federal court jury finding his son guilty, Jeo Boden (BODEN), a deliberately misspelled presidential token, surged 26% to a 24-hour high of nearly $0.20.
Golden Finance launches the 2353rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
The successful candidate will be responsible for attracting popular content and meme pages on the Internet.
The volatility of MemeCoins may negatively impact portfolio stability.
In 2024, the outlook for meme coins is uncertain, contingent upon market trends, social media influence, and the role of key figures. Popular coins like BONK and WIF on the Solana network show robust market performance. However, investors must exercise caution, acknowledging risks and staying attuned to market dynamics.
BONK, a Solana-based meme coin, spikes 40% following Coinbase listing news.