PoliFi sector market value fell 11% in 24 hours
The upcoming November election in the United States has led to a significant decline in the political finance (PoliFi) token market, with an overall decline of 11% in the past 24 hours and multiple popular tokens plummeting nearly 95% from their peak. According to CoinGecko data, the Jeo Boden (BODEN) token on the Solana chain has plummeted 70% in the past week and 80% in the past 30 days. Although Donald Trump's election has risen after the debate, Trump-related tokens have not been spared. TRUMP, the largest Trump token by market capitalization, fell 10% in one day and 34% in the past week; TREMP tokens fell nearly 10% in 24 hours and 37% in one week.