Presidential elections and the crypto world are intertwined again! With President Joe Biden announcing that he will not seek re-election, the KAMA meme coin dedicated to Kamala Harris doubled in price and reached an all-time high of 2.4 cents. KAMA's market cap rose to $24 million, surpassing Biden's coin BODEN by almost four times. BODEN lost 50% of its value.

New meme coins are being released rapidly on the Pump.fun platform. But be careful! History shows that most of these coins lose value. 📉

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