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Reading: Polymarket Bettors Favor Donald Trump Over Kamala Harris
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Gulf Press > Business > Crypto > Polymarket Bettors Favor Donald Trump Over Kamala Harris
Crypto

Polymarket Bettors Favor Donald Trump Over Kamala Harris

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Last updated: 2024/07/29 at 7:23 PM
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In the latest update from Polymarket, betters are predicting that Republican nominee Donald Trump will emerge victorious in the 2024 U.S. presidential election this November, with a significant lead over presumptive Democratic nominee Kamala Harris. According to Polymarket’s 2024 Official Election Forecast, Trump currently holds 61 percent of the vote, while Harris trails behind with 37 percent. This forecast comes as a surprise to many, given Harris’s impressive gains in recent weeks.

Despite the strong showing by Trump, Polymarket betters have also placed their votes for other political figures to potentially take the White House this November. Names like Robert F. Kennedy Jr., Nikki Haley, and Elizabeth Warren each received less than 1% of the vote in the forecast. Trump’s popularity on the betting site has remained consistent, as he previously outperformed current U.S. President Joe Biden in a poll just two weeks ago.

The news of Trump’s continued favorability on Polymarket comes amidst a tumultuous period in the 2024 race for the White House. Biden recently announced his decision to withdraw from the race, instead endorsing Harris as his replacement on the Democratic ticket. In his announcement, Biden expressed his support for Harris and called on Democrats to unite in order to defeat Trump in the upcoming election.

While recent polls indicate that Harris has proven to be a more competitive candidate against Trump compared to her predecessor, she still remains slightly behind in the overall forecast. Trump, on the other hand, has reaffirmed his commitment to cryptocurrencies and blockchain technology. During the Bitcoin 2024 Conference in Nashville, Trump vowed to make the United States the “crypto capital of the planet and Bitcoin superpower of the world.” He emphasized the importance of American innovation in the crypto space and expressed his desire for the U.S. to lead in this area.

Although there were rumors that Harris might attend the digital asset conference, she ultimately decided not to make an appearance. However, billionaire Mark Cuban suggested that a Harris presidency could potentially be more supportive of cryptocurrencies than the Biden administration. Cuban highlighted the possibility of Harris being more open to business, artificial intelligence, and government services, which could signal a positive shift in policies under her leadership. As the 2024 election approaches, the race between Trump and Harris continues to intensify, with both candidates outlining their visions for the future of the country.

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News Room July 29, 2024
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