Following Kamala Harris’s decision to select Minnesota Governor Tim Walz as her running mate, a new meme coin on the Solana blockchain emerged, named tem walz (WALZ). The token experienced a spike on Tuesday, coinciding with Harris’s announcement, with its market cap nearly touching $1 million. However, today, the market valuation of WALZ has decreased to $136,000.
‘Tem Walz’ Meme Coin Pumps and Dumps
As political and election-related meme coins have gained significant attention in 2024, another contender, tem walz (WALZ), has been introduced. The name intentionally plays on Minnesota Governor Tim Walz’s surname.
Despite the attention, it hasn’t performed as strongly as other meme coins like TRUMP and BODEN. On Tuesday, WALZ reached a peak price of $0.001029 per coin, but today, it has dropped by 87.83% from that all-time high.
Tem walz (WALZ) meme coin market stats according to dexscreener.com.
Walz, although not widely recognized, holds a modest 52% approval rating in Minnesota. The governor has faced criticism for his handling of the 2020 riots in Minneapolis and other areas of his state, as well as for his lockdown measures during the COVID-19 pandemic.
Walz also once remarked, “One person’s socialism is another person’s neighborliness.” The news about WALZ coin comes on the heels of the Kamala Harris-themed meme coin, which launched in late July and experienced a similar rise and fall in value.
What do you think about the tem walz (WALZ) meme coin bonanza? Share your thoughts and opinions about this subject in the comments section below.
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