On the other hand, the crypto community appears to be abuzz about Obama's endorsement of Kamala Harris. The Kamala Horris memecoin has swiftly become an investment option for speculative traders. With a fully diluted valuation of over $31 million, the price of KAMA has reached $0.03116, a 30% increase from Friday's opening price, according to CoinGecko.

Among memecoins inspired by Trump, KAMA has performed better than MAGA and TREMP, which have seen increases of only 10%. Keep in mind that KAMA, similar to other meme coins, can be highly unpredictable and influenced by market mood, so investors should proceed with caution.

$KAMA