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Political Meme Coins Surge After Biden's Announcement
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Political meme coins reacted to President Joe Biden’s decision to end his reelection bid for the 2024 U.S. presidential election and endorse Vice President Kamala Harris as the Democratic nominee.
Minutes after Biden’s announcement, the cryptocurrency market for political meme coins experienced notable fluctuations. The Kamala Harris meme coin surged 110.4%, reflecting rising investor confidence in her political future. Meanwhile, the Joe Biden (BODEN) coin dropped 55.1%, indicating a shift in market sentiment.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Minutes after Biden’s announcement, the cryptocurrency market for political meme coins experienced notable fluctuations. The Kamala Harris meme coin surged 110.4%, reflecting rising investor confidence in her political future. Meanwhile, the Joe Biden (BODEN) coin dropped 55.1%, indicating a shift in market sentiment.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
#tradingnews #trademarkets