Coingecko: Which blockchain has the fastest transaction speed?
Solana is 46 times faster than Ethereum and more than 5 times faster than Polygon, the Ethereum scaling solution with the highest TPS.
JinseFinanceLog in/ Sign up
Biden memecoin plummets 60% after Biden withdraws from presidential race
Follow
Author: Brayden Lindrea, CoinTelegraph; Compiler: Deng Tong, Golden Finance
Memecoins associated with US President Joe Biden, his wife Jill, and son Hunter have fallen more than 60% since Biden officially withdrew from the 2024 presidential race.
The Jeo Boden (BODEN) token associated with Joe Biden plummeted 62% in less than two hours, while the Kamala Hollis (KAMA) token soared amid speculation that US Vice President Kamala Harris will replace Biden as the Democratic candidate.
CoinGecko data shows that BODEN's market value has evaporated by nearly $10 billion, compared with $16.2 billion before the news broke. BODEN price change over the past 24 hours. Source: Coingecko Memecoins associated with Joe Biden’s family were hit harder, including Jill Boden Token (JILLBODEN), which plunged 68.5% on the news, and Hunter Biden’s Laptop (LAPTOP), which fell 62%, according to CoinMarketCap, according to CoinGecko.
JILLBODEN and LAPTOP both fell below $100,000 in market cap.
Kamala Harris-related Memecoin Surges
Meanwhile, the Kamala Harris (KAMA) memecoin associated with Kamala Harris has risen by 133% as experts believe the US vice president is likely to become Biden's Democratic candidate.
While KAMA has retreated 35% since its 24-hour high, Harris now has an 80% chance of replacing Biden, according to decentralized prediction market Polymarket.
KAMA price change over the past 24 hours. Source: CoinGecko
Former U.S. First Lady Michelle Obama and Michigan Governor Gretchen Whitmer's approval ratings are well below 5% and 4%, respectively.
It's unclear how much support Harris has for the cryptocurrency industry — he has never publicly expressed his support or opposition.
Biden did not give a reason for his withdrawal - instead, he claimed it was in the "best interest" of his party and the country.
The current US president, however, intends to complete his current term.
MAGA, the "Make America Great Again"-themed meme coin associated with Republican candidate Donald Trump, has risen 7% since Biden announced his withdrawal.
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
More news about coingec
- dYdX 커뮤니티, BODEN 선물 상장 제안 통과BullishBearish
- WOO X spot market launched on BODENBullishBearish
More news about coingec
- JinseFinance
Following closely in the footsteps: After WIF, BONK, and BODEN, top Crypto Trader Now Buys These 2 Memecoins
Meme coins resurge, led by BONK, PEPE, WIF, and FLOKI. paulo.sol shifts focus to PUPS and POPCAT after past successes. His investments propel POPCAT by 52%, while PUPS faces a 4.2% dip.
EdmundCoingecko: Who are the top NFT lending platforms?
Blend is the largest NFT lending platform, dominating the market with a 92.9% share and a monthly loan volume of $562.33 million in March 2024.
JinseFinanceCoingecko: Who are the top Ethereum ETFs and which countries have Ethereum ETFs?
Of the 27 Ethereum ETFs in the world, 20 are Ethereum spot ETFs and 7 are Ethereum futures ETFs. The top 10 global Ethereum ETFs all trade in Canada or Europe.
JinseFinanceKine Protocol被CoinGecko正式纳入
JinseFinanceCoinGecko Expands Reach with Zash Acquisition
The crypto data platform plans to integrate new endpoints into its crypto data API by Q2 2024, covering various aspects of NFT data across major platforms.
DavinCrypto Exchanges Made up 84% of Job Cuts Last Month: CoinGecko
January 2023 has been the second worst month for crypto layoffs as a new wave of redundancies hit the industry, with as many as 2,806 people losing their jobs.
decryptCoingecko Co-Founder Shares Thought On Forked Tokens Ahead Of ETH Merge
The upcoming ETH Merge remains a highly anticipated and hyped event in the crypto space.
BitcoinistCoinGecko open to acquisition but now is ‘too early,’ co-founder says
While CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said.
CointelegraphEtherscan, CoinGecko warn against ongoing MetaMask phishing attacks
While investigations are underway, the ongoing attack on various crypto platforms may be connected to the compromise of Coinzilla, an advertising and marketing agency.
Cointelegraph