Polymarket's rollercoaster ride! ๐ข After the US election betting frenzy, the decentralized betting platform saw its TVL drop from $511M to $181M. The excitement peaked with crypto whales betting big on Trump, but once the dust settled, many cashed out. Despite zero trading fees and a variety of political bets, Polymarket's engagement has cooled, shifting focus to sports. An anticipated airdrop has piqued interest among smaller users, but details remain elusive. As the market cools, Polymarket faces the challenge of keeping the buzz alive in a quieter trading scene. ๐ #CryptoNews #Blockchain