Traders in traditional and crypto finance placed bets on Donald Trump’s potential victory over Kamala Harris for the presidency in the November 2024 elections.
Donald Trump has recaptured the advantage over Kamala Harris in the Polymarket. The two leaders in the forthcoming November elections have become a wagering item for crypto and tradFi electors. Polymarket’s prominence has increased in anticipation of the upcoming U.S. elections.
The forthcoming US presidential elections have become a global spectacle that exemplifies the concept of mainstream media control and the boycott of democracy. The former US President currently has a 52% chance of winning the 2024 presidential election, as opposed to Kamala Harris’ 47%.
After Joe Biden withdrew from the campaign, the US Vice President assumed the lead and maintained it on Polymarket. The reason for this was the strong momentum of Kamala Harris’ campaign, which increased her chances to 52%.
Kamala Harris’s purported endorsement of a 25% unrealized gains tax was the primary focus of initial assessments subsequent to Donald Trump’s meteoric rise in the polls. Although not verified, individuals have reached out to X (previously known as Twitter) to express their disapproval of such purported policy directives.
Cardano co-founder Charles Hoskinson asserted that a political party’s proposal to impose a 25% tax on unrealized gains is the most unconstitutional form of larceny.
Polymarket, which officially prohibits U.S. residents from using the platform, initiated the election with a high price tag for Trump. This is a critical point to understand. It is effortless to discredit its accuracy as a result of its prohibition on Americans—the actual voters—from participating in the market.
Kamala has been accused of fabricating polls with the assistance of the polling organization during recent rallies as well as crowds at her events. In an interview with Fox News Sunday, Sen. J.D. Vance claimed that the media employs “false polls to drive down Republican turnout and to generate dissension and conflict with Republican voters.”
Vance also stated, “Insiders in the Kamala Harris campaign are extremely concerned about their current situation.” Shannon Bream, the presenter of Fox News, informed Vance of another poll that was released this morning by the Washington Post-ABC. The poll indicates that the vice president is currently leading by four to five points on a national scale.
Shannon further explains, “Those are new figures, so if you believe the momentum is not shifting or your internal polls indicate otherwise, every other poll that has been released has demonstrated significant momentum in her favor.” Vance responded by stating:
“I believe that there are numerous surveys that indicate that she is stagnating and reaching a plateau. Certainly, ABC-Washington Post was a pollster that was grossly inaccurate during the summer of 2020. Furthermore, I am exceedingly confident that we will be in the correct position come November if you are observing the same statistics as we are and converse with the American populace.”
Elon Musk has utilized Twitter to refute the mainstream media’s misinformation regarding the election between Donald Trump and Kamala Harris. In Elon Musk’s most recent poll on 𝕏, more than two million individuals have already participated, with Donald Trump ahead by 77% and Kamala trailing at 23%.
