Following President Joe Biden's announcement that he will not seek re-election, Vice President Kamala Harris has been nominated as the presidential candidate. This political shift, referred to as 'Bidenexit,' has had a significant impact on the cryptocurrency market, particularly on the meme coin $KAMA, which is associated with Kamala Harris. The $KAMA coin has surged over 100% in the last hour and reached an all-time high, effectively doubling in price. Crypto traders are actively betting on $KAMA, reflecting their confidence in Harris's candidacy.