News Scrap

On the popular betting marketplace Polymarket, Donald Trump is leading with 61.5% odds against Kamala Harris.

Currently, Donald Trump and Kamala Harris are the two top US presidential candidates, with one of them expected to be the next President of America. In the past few months, both candidates were neck and neck with nearly 50-50% winning odds on the prediction marketplace.

As of today (17 Oct 2024), Donald Trump is leading in the US presidential election race with 61.5%, a significant difference from Kamala Harris’s odds of 38.4%.

Many crypto advocates and enthusiasts shared their opinions on this sudden spike in Trump’s winning odds, as Trump has shown strong support for the crypto sector.

In the past three years, Trump has issued multiple NFTs on the Solana cryptocurrency network and has spoken several times about Bitcoin-related regulations. He even urged people to vote for him if they want to see Bitcoin-friendly rules and laws.

Following this latest development in Trump’s winning odds, the prices of Trump-inspired meme tokens have seen significant increases.

The Trump-inspired meme coin, MAGA Hat, surged by 23.8%, raising its market value to over $68.7 million. Other political tokens also saw gains, with Super Trump (STRUMP) up 31.9% to $0.0084 per token, and Doland Tremp (TREMP) rising 20.4%, pushing its market cap to $36.1 million.

Recently, the Trump family’s DeFi crypto project was publicly launched, and its token sale reached nearly $220 million in value within the first few hours.

We are just three weeks away from the US presidential election, and it will be interesting to see what happens. In the past, the most expected candidate has often lost the election. For example, Trump won against Hillary Clinton, despite the fact that she was the leading candidate with the most support.