The MAGA token, tied to former President Donald Trump, has seen its value drop significantly as Trump's chances of winning the election dwindle ¹. This decline is reflected in the token's price, which has fallen by 36% since October 31. On Sunday, it reached its lowest value since late September at $2.6 ¹.

The MAGA (TRUMP) token meme, dedicated to former U.S. President Donald Trump, has taken a hit amid declining chances of Trump winning the upcoming election. On October 31, betting on Trump's rival Kamala Harris surged on Polymarket, causing Trump's victory probability to drop 16% to 56%. This shift has sparked intrigue, with the outcome uncertain until voting results are announced today, November 5.

*MAGA Token Performance:*

- The token's price plummeted 36% since October 31.

- It reached its lowest value since late September at $2.6 on Sunday.

- After rebounding, the cryptocurrency's rate indicates a continuing medium-term downtrend.

In contrast, the Kamala Harris token (KAMA) has seen rapid growth:

*Kamala Harris Token Performance:*

- Its price soared over 2.5 times to $0.019 since November 1.

- This marks a record high since the end of July.

For the latest updates and analysis on these tokens, consider checking out The Economist and TradingView ¹ ².

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