Harris loses lead on Polymarket as odds RFK Jr will endorse Trump jump 38%
Harris loses lead on Polymarket as odds RFK Jr will endorse Trump jump 38%
Trump now leads Harris 52% to 47% on crypto-native prediction market Polymarket.
Donald Trump has retaken a lead over Kamala Harris on the crypto prediction market Polymarket, with odds now standing at 52% for Trump in comparison to 47% for Harris. Harris has lost what used to be a 10-level lead on Trump sooner than this week’s DNC.
This shift comes amid a vital magnify within the possibility of Robert F. Kennedy Jr. endorsing Trump, as his chances of doing so this month went from 14% to 46% following feedback made by his running mate Nicole Shanahan on the Influence Conception podcast. The podcast revealed considerations of falling by the wayside to endorse Trump, which severely influenced the prediction market’s perception.
The voice of affairs is additional sophisticated by stories that RFK Jr. used to be exploring probably roles within a Harris administration right final week.
Despite this progress on Polymarket, diverse prediction platforms and polls quiet present Harris within the lead. On PredictIt, Harris maintains an back, and globally, odds absorb shortened for Trump, though Harris remains a minute forward, in accordance to OddsChecker. The divergence between Polymarket and diverse markets highlights the unfamiliar forces within crypto-native platforms, the keep Trump’s pro-crypto stance may perchance also resonate extra with investors.
Trump’s odds on Polymarket absorb fluctuated from 72% to 47% sooner than reaching the contemporary 52%. This magnify coincided with Harris’s odds dropping from 54% to 49%. An absence of present of either Bitcoin or crypto within the Democrat policy launched at some level of the DNC will also be a ingredient within the Polymarket swings.
Total, while Trump’s lead on Polymarket marks a indispensable progress, the broader prediction market landscape quiet marginally favors Harris, stressing the multifaceted nature of political forecasting within the context of the 2024 US presidential election.
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Source credit : cryptoslate.com