PoliFi sector market value fell by more than 10% in 24 hours, Trump's vice presidential election may become the next major event

According to CoinGecko data, the market value of the PoliFi token sector has fallen by 10.5% in the past 24 hours and is currently at $932,497,338. At the same time, Polymarket's trading volume has increased synchronously, indicating that political bettors have turned to the platform. "Contrary to expectations, the mainstream PolitFi Meme coin failed to rebound after the presidential debate on June 27, 2024," Messari research analyst Austin Freimuth wrote in a recent email report. Freimuth estimates that Trump's vice presidential election is expected to be the next major event in the PolitFi field. "This announcement may trigger the birth of new Meme coins related to the selected running mate," he said. (CoinDesk)