美国大选结束后 PoliFi 代币 MAGA、HORRIS 下跌

PoliFi 有持久力吗？市场不太确定。

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.

唐纳德·特朗普再次当选美国总统一天后，加密货币市场似乎对政治金融（PoliFi）模因币失去了兴趣。

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 是特朗普主题的 PoliFi 代币，被誉为创造了这一流派，当日下跌近 49%，上周下跌近 50%。其以 Kamala Kamala Harris 为主题的对应产品（交易名称为 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 代币在选举期间大幅上涨，主要追踪与它们相关的候选人在民意调查和选举之夜的表现。现在的问题是，就像预测市场一样——根据 Dune 的说法，Polymarket 的投注量由 75% 的选举相关市场组成——PoliFi 代币是否已经为下一步行动做好了准备。

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.

从理论上讲，每当发生涉及与它们相关的候选人的积极事件时，PoliFi 代币就应该上涨。例如，在哈里斯被宣布为拜登竞选伙伴后，以及特朗普在第一次总统辩论中提到她的名字后，KAMA 代币大幅上涨。

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 代币推出后不久，Mechanism Capital 的 Andrew Kang 在接受采访时表示，以特朗普为主题的 PoliFi 代币利用了特朗普在注意力经济中的媒体影响力，“而特朗普可能是世界上最好的注意力垄断者之一。”

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

当时，康还对冲了他对选举后象征性的乐观情绪，称可能会产生“抛售新闻”效应。

"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，我预计他的选举胜利后会出现一段巩固期，类似于狗狗币与埃隆·马斯克建立联系后的表现，”他当时表示。

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 代币也难以达到更高的流动性水平，因为它被主要零售中心化交易所（CEX）阻止。虽然该代币在许多去中心化交易所（DEX）以及一些不太知名的交易所（如 Gate.io、MEXC 和 BingX）上进行交易，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 则列出了讽刺性的 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选后转向比特币 (BTC)，因为比特币突破了历史高点，一些看涨的市场观察人士预计到年底比特币价格将达到 10 万美元。然而，根据 CoinGecko 的数据，模因币当天上涨了 12%，这一论点可能面临挑战，如果交易者广泛转向 BTC，人们预计模因币也会下跌。

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.

当然，数字上升并不是 PoliFi 代币的唯一用例。它们也是通往社区的门票，如果做得正确，它的持久力将比短期利润或损失更长久。