The odds of a Donald Trump victory are soaring on Polymarket, as are Trump crypto coins.
The former President’s odds of winning the Presidential elections in November are now up to 55% according to Polymarket bettors, as high as they have ever been against Democratic Vice President Kamala Harris.
Unsurprisingly, PolitiFi meme coins supporting Trump are also skyrocketing in value.
Other new meme coins are also in high demand, including Neiro Ethereum, Mother Iggy, Crypto All-Stars and Memebet Token.
Will Donald Trump Win?
Donald Trump is undeniably the pro-crypto candidate in the upcoming US Presidential Elections, even as Kamala Harris has distanced herself from President Joe Biden’s anti-crypto stance.
Trump has promised to fire SEC Chairman Gary Gensler on day one, establish a Bitcoin Strategic Reserve and make the US the crypto capital of the world.
Market analysts are anticipating a strong bull rally in the event of a Trump victory. But will he win?
Polymarket odds appear to be favouring the Republican, now standing at an all-time high of 55%. He is faring even better in swing states, currently leading 6 of the 7 battleground states, including the all-important Pennsylvania.
However, there is a substantial difference between the Polymarket odds and election polls.
For instance, FiveThirtyEight gives Harris a 55% chance of victory, meanwhile, Nate Silver’s model gives her a 53-47 edge.
#Latest @NateSilver538 Forecast:Chance of winning: Harris 53%Trump 47%.Electoral votes:Trump 277.5Harris 260.5https://t.co/t2BOJDEXdr https://t.co/AUpnS0ZZra pic.twitter.com/jE2E3NG6vX
— Political Polls (@Politics_Polls) October 10, 2024
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Author: Adrian Barkley
