Memecoin Kamala Harris (KAMA) has risen 7% in the last 24 hours after US Vice President Kamala Harris pledged support for the growth of the crypto space.
Harris outlined her economic agenda at a fundraiser in New York City, expressing support for innovative technologies like AI and digital assets while ensuring consumer protection.
Harris's comments have raised expectations among investors regarding her stance on digital assets compared to President Joe Biden's administration.
KAMA, currently trading at $0.0052, has surged after Harris's statements, but still remains down nearly 87% from its all-time high of $0.039.