Kamala Harris' odds of becoming the Democratic nominee quadrupled on Tuesday, according to traders at Polymarket. 😲 This saw rapid growth in the election year at Polymarket, a crypto-based prediction platform.

"Will Kamala Harris be the Democratic nominee?" "Yes" shares rose as much as 31 cents in the afternoon New York time. This indicates that the market sees a 31% chance of this happening, compared to 7% earlier in the day. Shares have retreated slightly and were recently trading at 23 cents.

If the prediction turns out to be correct, each share pays $1 (USDC, a stablecoin or cryptocurrency pegged to the US dollar), zero if we are wrong.

Meanwhile, KAMA, a meme coin named after Kamala Harris, rallied on Tuesday, doubling in price to $0.007815 in 24 hours. 😂

So, do you think Kamala Harris will be the Democratic nominee? We are waiting your comments! 🚀🚀#DeFi#Web3