CandleFocus VP Kamala Harris’s First Speech On Crypto Sparks 7% Rise In This Memecoin
2024-09-24
Author: Content Editor
The memecoin Kamala Horris (KAMA) has experienced a 7% increase following comments made by US Vice President Kamala Harris, who expressed support for the growth of the crypto space if elected. During a fundraiser event, Harris outlined her economic agenda, which includes fostering innovation in the AI and digital asset sectors while protecting consumers. This marks Harris' first public comment on crypto as a Democratic presidential candidate and has raised expectations about her stance on digital assets compared to the Biden administration. The cryptocurrency sector is becoming influential in the 2024 election, with industry executives and investors expressing frustration over regulations. In contrast, former President Donald Trump has actively courted the crypto industry. Harris's campaign has reported impressive fundraising figures, surpassing Trump and the Republican National Committee. The recent statements have led to gains for the memecoin KAMA, although it remains down 87% from its all-time high. The impact of further support for the digital asset industry on the token remains to be seen.
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