As the United States presidential election inches nearer, the two contenders continue making several moves to capture citizens\u2019 attention.<\/p>\n
Republican candidate Donald Trump has doubled down on his efforts to win crypto investors\u2019 votes. Following a Friday announcement of a crypto-centric platform dubbed World Liberty Financial, 84% of bettors on the biggest prediction market, Polymarket, expressed<\/a> conviction that Trump will debut his token before the election date. At press time, however, that figure declined to 69%.<\/p>\n In early Friday, CryptoPotato covered<\/a> details about Donald Trump\u2019s World Liberty Financial, outlining that the platform will roll out on September 16 via Twitter Spaces. The project\u2019s suite of services includes a digital wallet for lending and borrowing, a credit account system, and asset storage. It also promises U.S. investors access to DeFi products.<\/p>\n Since Trump\u2019s World Liberty Financial secured a partnership with the DeFi lender Aave, the platform will likely enter the Ethereum network upon launch.<\/p>\n A careful look at its whitepaper shows that a governance token, WLFI, will be deployed to bootstrap the crypto platform. Announcing the World Liberty Financial launch strengthened bettors\u2019 conviction that Trump will introduce a token.<\/p>\n Polymarket\u2019s data shows that bettors began speculating about the possibility of Trump launching a token in mid-June. That period coincided with the flood of Trump-related meme coins in the crypto market. One such token was DJT, a controversial meme created by an ex-convict to support the crypto-friendly presidential candidate.<\/p>\n Polymarket\u2019s website shows that the prediction market for the question \u201cWill Trump launch a coin before the election?\u201d will resolve to \u201cYes\u201d if Trump does launch a new token before November 4, 2024, a day before the country\u2019s presidential election. The information must be verifiable from a credible source.<\/p>\n If, on the other hand, the presidential aspirant does not launch a token, the market will resolve to \u201cNo.\u201d<\/p>\n The post 84% of Polymarket Bettors Believe Donald Trump Will Likely Launch a Token<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" As the United States presidential election inches nearer, the two contenders continue making several moves to capture citizens\u2019 attention. Republican candidate Donald Trump has doubled down on his efforts to win crypto investors\u2019 votes. Following a Friday announcement of a crypto-centric platform dubbed World Liberty Financial, 84% of bettors on the biggest prediction market, Polymarket, […]<\/p>\n","protected":false},"author":0,"featured_media":6377,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6376","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\/6376"}],"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=6376"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/6376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/6377"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Trump to Launch Own Token<\/h2>\n
Expected Prediction Market Outcome?<\/h2>\n