Analysis
September 2, 2024 5:10 PM
U.S. Vice President Kamala Harris' chances of winning the upcoming presidential election have dipped to 47% on Polymarket, a decentralized prediction market platform. This shift comes as Donald Trump's odds hold steady at around 50%, following a period where both candidates were tied.
The prediction market, which has attracted over $777 million in bets, saw Trump's odds surpass Harris' after they were tied on August 26. Trump's recent launch of his fourth NFT trading card series, "Series 4: The America First Collection," has generated significant interest, logging over $2 million in sales. Additionally, Trump has hinted at involvement in World Liberty Financial, a crypto project by his sons, and made promises at a Bitcoin conference to make significant changes in crypto regulation if elected.
While Harris has not directly addressed cryptocurrency, her campaign adviser has indicated plans to support measures for the digital asset industry's growth. As the election race intensifies, both candidates' positions on digital assets and financial policies are likely to play a crucial role in shaping voter sentiment.
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