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Boden
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."
Trump-Biden Tussle Sees PoliFi Sector Lose Lustre as BODEN Drops 95% From Peak
TRUMP, the largest Trump PoliFi token, is down 10% on-day and 34% in the last week. TREMP, the counterpart to Boden, is also down double digits: nearly 10% in the last 24 hours, and 37% on-week.
Trump's Odds of Victory Surge to 67% on Polymarket Post-Presidential Debate
Biden's chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom's odds jumped to 15%.
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.