Trump's move to supporting crypto has drawn attention from investors, and their votes could potentially be pivotal in the 2024 election.
Kamala Harris, while tech-friendly, remains quiet on her crypto stance, leaving the future of digital assets under her presidency uncertain.
Memecoins linked to Trump and Harris declined after the debate, with Trump's coins experiencing losses.
While the U.S. presidential race heats up, crypto investors are paying close attention to the candidate's take on digital assets. Trump, who blasted BTC previously, has now committed to supporting the development of the crypto space if elected. This change has obtained the attraction of the crypto community, with many investors believing their votes could be key in the upcoming election.
Harris Leads Trump in Odds,
In the latest update by Polymarket, the betting odds for the U.S. Presidential Election show a race between Kamala and Donald Trump. Harris is leading with 50% of the bets, totaling $126.5 million, while Trump closely follows with 49%, representing around $142.8 million in bets.Â
On the other hand, Vice President Kamala Harris, who stepped in as the Democratic candidate after Joe Biden withdrew from the race, has remained relatively quiet about her position on cryptocurrency. While Harris is considered one of the more tech-friendly Democrats, her stance on digital assets remains unclear, leaving investors uncertain about the future of crypto regulation under her potential presidency.
Trump-Harris Race Tightens as Memecoins Drop Post-Debate
As reported by Cryptonewsland earlier, data from the NYT shows Kamala Harris and Donald Trump are in a closely contested race across key battleground states. In Wisconsin, Harris leads with 50% to Trumpâs 47%. Michigan and Pennsylvania show Harris slightly ahead at 49%, compared to Trumpâs 47% and 48%, respectively. Nevada, Georgia, and North Carolina display a deadlock, with both candidates tied at 48%. Arizona mirrors this trend, with each candidate receiving 48%.
Following the recent debate, memecoins associated with Donald Trump and Kamala Harris experienced notable declines. Trump's coins saw the most losses, with MAGA$MAGA dropping by 21.2% and TRUMP$TRUMP falling by 10%. Kamala Harris's associated coin, KAMA$KAMA, also faced a decline, though less severe at 4.4%.
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