- The winning odds of Donald Trump fell from 52% to 49%.
- Trump-based PolitiFi coins witnessed significant losses over the last 24 hours.
U.S. presidential candidate Kamala Harris’ winning odds in the upcoming presidential election on crypto-based prediction platform Polymarket rose after the presidential debate on Tuesday in Philadelphia. The former president Donald Trump and Harris are at a tie on Polymarket.
Bettors on the prediction platform forecast a 94% chance that Harris won yesterday’s debate. However, the official poll results have not been released yet. Harris’ chance of winning the presidential election has likely risen from 46% to 49% on Polymarket. In contrast, Trump’s odds fell from 52% to 49%.
Trump has been vocal about his support for cryptocurrency, while Harris has recently expressed a desire to understand the crypto sector. However, her stance on it remains unclear. The Biden administration’s approach to regulating digital assets has faced criticism.
On the other hand, Donald Trump has received election donations of around $400 million from key crypto industry players between April and June. This includes crypto billionaires Winklevoss brothers who have donated $2 million worth of BTC to Trump.
In the recent Tuesday debate, multiple topics were discussed, including immigration, foreign policy, and abortion rights to the war in Ukraine. However, the anticipated topic of cryptocurrency was not addressed.
PolitiFi Tokens of the Presidential Candidates
The PolitiFi coins of Donald Trump and Kamala Harris display mixed signals in trading over the past 24 hours. The Trump-based coins like MAGA and TRUMP have witnessed significant losses.
MAGA, currently trading at $2.85, has fallen over 12% in the last 24 hours, with its daily trading volume rising by 19.17% to $4.10 million. Meanwhile, the memecoin TRUMP has lost 18.50% in the 24 hours, trading at $0.001791. Its trading volume has soared by 280% to $505K.
On the other hand, Kamala Harris-inspired token KAMA has gained over 6.40% in the past day, trading at $0.008383. The asset’s daily trading volume has increased by 97.62% to $1.95 million.
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