美國大選結束後 PoliFi 代幣 MAGA、HORRIS 下跌

PoliFi 有持久力嗎？市場不太確定。

A day after Donald Trump was re-elected president of the United States, the crypto market seems to be losing interest in Political Finance (PoliFi) memecoins.

唐納德·川普再次當選美國總統一天后，加密貨幣市場似乎對政治金融（PoliFi）模因幣失去了興趣。

MAGA, the Trump-themed PoliFi token that is credited with creating the genre is down nearly 49% on-day, and nearly 50% during the last week. Its Kamala Kamala Harris-themed counterpart, trading as KAMA, is down 75% during the same time period.

MAGA 是川普主題的 PoliFi 代幣，被譽為創造了這一流派，當日下跌近 49%，上週下跌近 50%。其以 Kamala Kamala Harris 為主題的對應產品（交易名稱為 KAMA）同期下跌了 75%。

The PoliFi tokens rose sharply during the election, largely tracking the performance of the candidates they are tied to in the polls and on Election Night. Now the question is, like prediction markets – Polymarket's betting volume consisted of 75% election-related markets, according to Dune – are PoliFi tokens ready for their next act.

PoliFi 代幣在選舉期間大幅上漲，主要追蹤與它們相關的候選人在民調和選舉之夜的表現。現在的問題是，就像預測市場一樣——根據 Dune 的說法，Polymarket 的投注量由 75% 的選舉相關市場組成——PoliFi 代幣是否已經為下一步行動做好了準備。

In theory, PoliFi tokens are supposed to rise whenever there is a positive event involving the candidate they are tied to. For example, the KAMA token rose sharply after Harris was announced as Biden's running mate, and again after Trump mentioned her name during the first presidential debate.

從理論上講，每當發生涉及與它們相關的候選人的積極事件時，PoliFi 代幣就應該上漲。例如，在哈里斯被宣佈為拜登競選夥伴後，以及川普在第一次總統辯論中提到她的名字後，KAMA 代幣大幅上漲。

Shortly after the MAGA token's launch in February, Mechanism Capital's Andrew Kang said in an interview that a Trump-themed PoliFi token leverages Trump's media presence in the attention economy, "and Trump is probably one of the best attention monopolizers in the world."

今年2 月MAGA 代幣推出後不久，Mechanism Capital 的Andrew Kang 在接受採訪時表示，以川普為主題的PoliFi 代幣利用了川普在註意力經濟中的媒體影響力，「而特朗普可能是世界上最好的注意力壟斷者之一。

At the time, Kang also hedged his optimism for the token post-election by saying there might be a “sell the news” effect.

當時，康也對沖了他對選舉後象徵性的樂觀情緒，並表示可能會產生「拋售新聞」效應。

"However, I anticipate a period of consolidation following his election victory, similar to how dogecoin behaved after it became associated with Elon Musk," he said at the time.

「然而，我預計他的選舉勝利後會出現一段鞏固期，類似於狗狗幣與伊隆馬斯克建立聯繫後的表現，」他當時表示。

The MAGA token has also struggled to hit higher levels of liquidity because it was blocked from major retail centralized exchanges (CEX). While the token trades on a number of decentralized exchanges (DEXs), and some lesser-known exchanges like Gate.io, MEXC, and BingX, it was blocked from being listed on Kraken, ByBit, and OKX.

MAGA 代幣也難以達到更高的流動性水平，因為它被主要零售中心化交易所（CEX）阻止。雖然該代幣在許多去中心化交易所（DEX）以及一些不太知名的交易所（如 Gate.io、MEXC 和 BingX）上進行交易，但它被禁止在 Kraken、ByBit 和 OKX 上上市。

Kraken, for its part, lists the satirical TREMP, as well as BODEN.

Kraken 則列出了諷刺性的 TREMP 和 BODEN。

It could also be that traders are shifting into bitcoin (BTC) after the election, as bitcoin blew past its all-time high, with some bullish market observers calling for $100k by the end of the year. Potentially challenging that thesis, however, is that memecoins are up by 12% on-day, according to CoinGecko data, and one would expect them to drop as well if traders were broadly shifting into BTC.

也有可能是交易者在大選後轉向比特幣 (BTC)，因為比特幣突破了歷史高點，一些看漲的市場觀察家預計到年底比特幣價格將達到 10 萬美元。然而，根據 CoinGecko 的數據，迷因幣當天上漲了 12%，這一論點可能面臨挑戰，如果交易者廣泛轉向 BTC，人們預計模因幣也會下跌。

Of course, number-go-up isn't the only use case for PoliFi tokens. They are also a ticket to a community, which, if done correctly, is a staying power longer than short-term profit or losses.

當然，數位上升並不是 PoliFi 代幣的唯一用例。它們也是通往社區的門票，如果做得正確，它的持久力將比短期利潤或損失更長久。