On Polymarket, election bettors are once again leaning toward Republican candidate Donald Trump.<\/p>\n
In the meantime, Kamala Harris, the Democratic contender, saw her odds dip to 47% over the weekend, down from an earlier 50\/50 chance.<\/p>\n
Trump\u2019s odds<\/a> of winning the November election had peaked at 71% in July but dropped to 44% in August after President Joe Biden announced he wouldn\u2019t run, paving the way for Harris\u2019 candidacy.<\/p>\n Soon thereafter, Harris\u2019 odds climbed to over 55% in early to mid-August, positioning her as the frontrunner. However, her support among Polymarket traders has waned in recent weeks, while Trump\u2019s has steadily increased back over 50%, putting him back in the lead after nearly two weeks of even odds.<\/p>\n Trump\u2019s recent pro-crypto stance contrasts with his 2021 comment, wherein he labeled the asset class as a \u201cscam.\u201d<\/p>\n In July, the former President delivered a keynote address at a Nashville Bitcoin conference, where he vowed to support the BTC mining sector despite its criticism for significant electricity consumption. Recently, Trump released a new set of NFTs, branded as digital trading cards with phrases like \u201ccrypto president.\u201d<\/p>\n Previous similar NFT sales have generated<\/a> millions, although it\u2019s unclear how much Trump personally gained.<\/p>\n A recent FDU poll<\/a> reveals that Trump\u2019s embrace of crypto in the 2024 US presidential election appears to be paying off. Specifically, he leads Harris by 12 percentage points (50% to 38%) among likely voters who own crypto or related assets.<\/p>\n On the other hand, Harris holds a 12-point advantage (53% to 41%) among voters who do not own crypto. The notable preference for Trump among crypto owners is not attributed to other influencing factors, highlighting his effective appeal to this demographic.<\/p>\n Dan Cassino, a professor of Government and Politics at Fairleigh Dickinson and the Executive Director of the poll, said,<\/p>\n \u201cTrump has been reaching out to the crypto community, and it seems to have paid off. It might be easy to dismiss them as insignificant, but I don\u2019t think people realize exactly how widespread crypto ownership is. Historically, Republicans have had a hard time reaching young people and people of color. Support for cryptocurrencies is very much a wedge issue that could win over voters that otherwise look more like Democrats.\u201d<\/p>\n The post Kamala Harris\u2019 Odds Tumble on Polymarket as Donald Trump Reclaims the Lead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" On Polymarket, election bettors are once again leaning toward Republican candidate Donald Trump. In the meantime, Kamala Harris, the Democratic contender, saw her odds dip to 47% over the weekend, down from an earlier 50\/50 chance. Trump Surges Back to 53% on Polymarket Trump\u2019s odds of winning the November election had peaked at 71% in […]<\/p>\n","protected":false},"author":0,"featured_media":2786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/2785"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2785"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/2785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/2786"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trump\u2019s Strong Appeal to Crypto Investors<\/h2>\n