PoliFi Meme Coins Decline Amid Trump-Biden Tussle

The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let's take a look at the chart of the day. Political finance meme tokens are taking a hit as the 2024 presidential election heats up. Solana based Joe Bowden meme coin a play on Joe Biden mixed with Doland Duck has dropped 70% in the past week according to data from coin gecko, this comes after the president's poor debate performance called into question his political future. Bowden has dropped more than 80% in the past month and is now back to levels last seen in early March. Why not was just issued Trump themed tokens are also down despite the surge of Donald Trump's electoral chances on poly market post debate, Trump, the largest Trump poly by token is down almost 15% on the day and more than 30% in the last week, Trump, the counterpart to Bowden is also down double digits, nearly 18% in the last 24 hours and 40% on the week. That's it for today's chart of the day. I'm Jen Sasi. We'll see you next time to unpack more of the data behind top news stories.