According to data from crypto prediction platform Polymarket, Vice President Kamala Harris's odds of becoming this year's Democratic presidential candidate rose to 31% on Tuesday, a sharp increase from 7% earlier.
Although Joe Biden is still the Democratic candidate, many supporters are calling on him to step down and hope that Harris will take over. South Carolina Congressman James Clyburn and former Congressman Tim Ryan expressed their support for Harris in the media.
In addition, Tuesday was the fifth largest trading volume day in Polymarket's four-year history, with a transaction volume of $5.7 million.
Meanwhile, the price of KAMA, a meme coin named after Harris, doubled to $0.007815 in 24 hours. (CoinDesk)