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PoliFi Meme Coins Decline Amid Trump-Biden Tussle

Political finance meme tokens are taking a hit as the 2024 presidential election heats up. CoinGecko data shows that Solana-based Jeo Boden meme coin has dropped 70% in the past week following the President's poor performance during the debate. Trump-themed tokens are also down with TRUMP and TREMP tokens both down double digits on the day. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Markets

La disputa entre Trump y Biden hace que el sector PoliFi pierda brillo mientras BODEN cae un 95% desde su pico

TRUMP, el token más grande de Trump PoliFi, ha bajado un 10 % en el día y un 34 % en la última semana. TREMP, la contraparte de Boden, también ha bajado dos dígitos: casi un 10 % en las últimas 24 horas y un 37 % en la semana.

The market ponders Joe Biden's future (Jon Tyson/Unsplash)

Markets

Las probabilidades de victoria de Trump aumentan al 67% en el debate postpresidencial de Polymarket

Las posibilidades de Biden de convertirse en el candidato demócrata también cayeron al 70%, mientras que las probabilidades de Gavin Newsom aumentaron al 15%.

Trump-Biden debate (Screenshot)

Videos

Bitcoin Crosses $71K as BTC ETFs Score $880M Inflows; Kraken Lists PoliFi Tokens BODEN and TREMP

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as U.S.-listed spot bitcoin ETFs recorded over $880 million in inflows on Tuesday, making it the best day of inflows since March. Plus, PoliFi tokens BODEN and TREMP saw gains after Kraken listing and a group of U.S. lawmakers asked President Joe Biden to bring back Tigran Gambaryan, the Binance executive detained in Nigeria.

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