Solana

SOL Drops 5% After Trump-Harris DebateThe cryptocurrency market took a hit after the presidential debate on September 10 - The debate, featuring Donald Trump and Kamala Harris led to a drop in the price of Solana $SOL and caused some shifts in the memecoin market<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6535b5193db2405583a2ab40bd37ae1a.jpg" />MARKET REACTION After the debate $SOL’s price fell by 5.1% from $137.90 to $130.84 - This drop reflects uncertainty about Trump&#39;s chances, even though he has been seen as a friend to the crypto world Some hoped a Republican win might help with things like approving a spot SOL ETFFEAR AND GREED INDEX FALLS Fear &amp; Greed Index also dropped from 46.72 (neutral) to 31.6 (fearful) showing increased worry among investorsSURGE IN PREDICTION MARKET During the debate traders turned to prediction markets. Drift Protocol’s BET platform saw a big increase in trading volume, reaching over $851,000 - This was a 1,287% rise from the day before. Predictions on BET suggest Trump’s chance of winning decreased from 54.2% to 49.5% after the debateMEMECOIN CHANGESThe debate also affected PolitiFi memecoins. $TREMP, which supports Trump, fell by 28%, from $0.19 to $0.135 - Meanwhile, $KAMA supporting Kamala Harris went up by 34% rising from $0.007 to $0.0094 Despite this, $KAMA’s market cap is still smaller than $TREMP’s Overall the debate added some uncertainty and changes in the crypto market

$SOL DROPS 5% AFTER TRUMP HARRIS DEBATE!

Cas Abbé

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