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Home»ADOPTION NEWS»Harris, Trump Return to 50-50 Showdown at Polymarket
ADOPTION NEWS

Harris, Trump Return to 50-50 Showdown at Polymarket

By Crypto FlexsAugust 26, 20243 Mins Read
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Harris, Trump Return to 50-50 Showdown at Polymarket
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Policy • August 25, 2024 11:16 PM EDT

Posted 1 minute earlier ~ in

US Vice President Kamala Harris’ odds of winning the November presidential election have risen again to 50%, tying her with former US President Donald Trump, according to Polymarket, a decentralized prediction market platform.

In a market with more than $732 million in bets, Harris’ odds of winning have leveled off over the weekend, up from about 46% last Thursday. PolymarketThe Democratic nominee was ahead of Trump two weeks ago, showing that the election odds have been shaky all month.

President Trump had a 72% majority on July 16, before current US President Joe Biden stepped down and endorsed Harris.

Among the key swing states, Trump outpaced Harris in Georgia, Arizona and Nevada in terms of polymarket electoral odds, while Harris took the lead in Michigan and Wisconsin. The two candidates tied in Pennsylvania.

Last Friday, independent candidate Robert F. Kennedy Jr. announced he was suspending his campaign for the 2024 election. expressed support for trumpHe shares similar views on cryptocurrencies.

Trump has been a proponent of cryptocurrencies throughout his campaign, and has announced support for a decentralized finance project called “The DeFiant Ones” led by his two sons, which today changed its Telegram channel name to “World Liberty Financial.” The Republican candidate has previously pledged to end the “illegal and un-American crackdown” on the U.S. crypto industry.

Harris, on the other hand, has yet to directly voice support for the blockchain and cryptocurrency industries, despite her chief campaign adviser expressing support for the industry. According to reports, he said Harris plans to support measures to help the digital asset industry grow.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, influential and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

About the Author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He was previously a reporter at Forkast.News, where he actively covered the downfalls of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong, and China. He holds a Bachelor of Arts in Journalism and Business Marketing from the University of Hong Kong.

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