Meme Coin

Polymarket Odds Put Biden at 49% and Harris at 36%

Bettors on Polymarket Odds Put Biden have President Joe Biden as the frontrunner to retain the Democratic party’s nomination for president in 2024, with a chance of 48%. Vice President Kamala Harris is in second place with 36% of the vote. Polymarket, a platform where users wager on some of the most hotly disputed current events globally, has recently seen a surge in political discourse.

Following a lackluster showing in the recent presidential debate against Trump, several Democrats have begun to voice worries about Biden’s age and mental acuity. Yet, he remains resolute in his intention to seek reelection in 2024. Democratic Party members felt uneasy when the debate began, making some of Biden’s backers and contributors doubt that he could be Trump’s strongest opponent.

Despite all these doubts, Biden is determined to run for reelection and is certain he can beat Trump this year. “If the Lord Almighty came down and said, ‘Joe, get out of the race,’ I would get out of the race…'” Biden declared in a televised interview with George Stephanopoulos; he would be 86 years old by the end of a second term. The Almighty, though, will not descend.

Poll Numbers

Poll Numbers

Even among each candidate’s party base and 2020 voters, Polymarket Odds Put Biden is still trailing Trump, according to a Morning Consult poll from July 6. Additionally, independent voters are nearly evenly divided between the two presumed nominees. On a state-by-state basis, Biden has a little edge over Trump in Wisconsin and Michigan, but he ties with Trump in Arizona, Nevada, North Carolina, and Pennsylvania. In swing states, 55% of voters—including 29% of Democrats and 58% of independents—thought Biden shouldn’t keep running for office.

Even among his fellow Democrats, Biden’s rebellious position has generated conflicting feelings. Representative Mike Quigley of Illinois is among many who have called on him to resign so that fresh leadership can take over. Still, Harris and other Democratic leaders have spoken out in his defense. Harris, meantime, has been trying to boost her profile and highlight her accomplishments, probably in anticipation of a possible succession.

Two-week Kamala Harris meme coin rises 429%

Two-week Kamala Harris meme coin rises 429%

In just 14 days, the value of Kamala Harris meme coin parodying Harris has increased by almost 429%. The argument regarding Biden’s status in the 2024 presidential run is happening simultaneously with this rise. According to CoinGecko, the price of KAMA has risen 44.2% in the last week. It is now trading at $0.0073 with a volume of $759,945 for the day. The market valuation for the coin is $7.3 million.

Technical analysis shows that KAMA indicates a bullish trend by piercing through a critical resistance level and trading above its 50-day and 200-day moving averages. Though it does not seem to be a scam based on the provided parameters, mentioning that the token’s source code is unconfirmed and contains potential scam codes is crucial.

With the prospect of Harris becoming the Democratic nominee, KAMA’s price has surged. Some investors see the KAMA token as a method to profit from Harris’ possible candidacy, which has raised interest and investment in the cryptocurrency due to these speculations. The token’s long-term sustainability is unclear, and its price is volatile and speculative, even with the current spike.

Also Read: Iran Slams Hamster Kombat as Google Searches Beat Bitcoin

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button