Tue Sep 24 03:30:42 UTC 2024: ## Memecoin Kamala Horris (KAMA) Surges 7% After Harris’ Pro-Crypto Stance
**New York, NY -** The memecoin Kamala Horris (KAMA) has experienced a significant surge, its first notable increase in over a month, following comments made by US Vice President Kamala Harris in support of the crypto space.
At a fundraiser in New York City on Sunday, Harris outlined her economic agenda, which includes fostering innovation in AI and digital assets while protecting consumers. This marks her first public statement on crypto as a potential presidential candidate.
Harris’ comments have spurred optimism among crypto investors, particularly in light of the current administration’s perceived burdensome regulations on the industry. Her campaign has expressed support for the growth of digital assets while advocating for necessary safeguards.
KAMA, currently trading at $0.0052, has seen a 7.2% gain, recovering from a dip earlier this month. While the memecoin remains down 87% from its all-time high, this recent uptick signifies the potential influence of political statements on the crypto market.
In contrast to the Biden administration, former President Donald Trump, Harris’ Republican opponent, has actively courted the crypto industry, pledging to replace the SEC Chair and create a stablecoin framework.
With less than two months until the presidential election, it remains to be seen whether further statements of support for the digital asset industry from either candidate will continue to fuel gains for KAMA and other crypto assets.
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