Cryptocurrency tokens linked with Donald Trump and Kamala Harris were a picture of contrast as the high-voltage debate between the presidential hopefuls drew to a close.
Cryptocurrency tokens that are linked with Donald Trump and Kamala Harris painted a contrasting picture on Friday as the high-voltage debate between the presidential hopefuls drew to a close.
While Maga Coin (TRUMP), rooted in the “Make America Great Again” movement, and the largest of all Trump-inspired tokens in terms of market capitalization, slid more than 12% during the debate, a coin parodying Harris, known as Kamala Horris (KAMA), soared more than 10% during the face-off.
Here's a closer look at what happened:
Maga Coin (TRUMP) Token Plummets 12% During Trump-Harris Debate: Maga Coin (TRUMP), a cryptocurrency token inspired by former President Donald Trump, clocked a double-digit loss during the vice presidential debate between Trump and Vice President Kamala Harris on Thursday night.
The ERC-20 token, among the largest of all Trump-inspired cryptocurrencies by market capitalization, plunged more than 12% during the debate, as noted by traders in the cryptocurrency community on Friday.
Overall, the token slid about 10% in the last 24 hours, according to data from CoinGecko. The token’s trading volume, however, surged more than 14% during this period, signaling interest from the traders.
As of the last check, the token was trading at $0.002, with a total market capitalization of about $126 million, according to CoinGecko.
Kamala Horris (KAMA) Token Surges 10% During Trump-Harris Debate: A cryptocurrency parodying Vice President Kamala Harris, known as Kamala Horris (KAMA), clocked a double-digit gain during the vice presidential debate between Harris and Trump.
The ERC-20 token, which is not directly linked with Harris and her political campaign, soared more than 10% during the face-off, as noted by traders in the cryptocurrency community on Friday.
Overall, the token surged about 88% in the last 24 hours, according to data from CoinGecko. Both the Ethereum ETH/USD-based TRUMP and Solana SOL/USD-based KAMA belong to the hot new breed of PolitiFi tokens, which bring political themes into the cryptocurrency space.
Trump, Biden Bitcoin Discussion During Debate: The 90-minute interaction saw the two candidates spar over issues of significance such as the status of the economy, the cost of living, abortion, and more.
However, as with the previous presidential debate between Trump and President Joe Biden, Bitcoin (BTC) and the broader topic of cryptocurrencies failed to come up for discussion.
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