Prediction: Trump will win in November, cryptocurrencies will soar
Amid the turbulent situation of the US presidential election cycle, the market predicts that former President Trump will win in November and drive the cryptocurrency market up sharply. There are several key factors behind this prediction:
The impact of the debate between President Biden and Trump
The US election cycle has been turbulent since the debate between President Biden and Trump. The most notable was the assassination attempt against Trump on July 13. This incident not only injured the Republican candidate but also killed a rally participant, provoking a violent reaction from the market.
Red Wall Expectation
Like the results of the 1984 election after Reagan's assassination in 1982, the market predicts that a red wall will appear in November, pushing the Republican Party to a solid victory. Market observers believe that this political landscape will stimulate the growth of cryptocurrencies inspired by the event.
Poll Results
According to the analysis of cryptocurrency expert Ali Martinez, as of July 23, Trump has a 65% chance of defeating the new Democratic candidate Kamala Harris. This expectation has prompted the market to favor Trump-related cryptocurrencies such as FIGHT and FIGHT TO MAGA, which were issued after the assassination, reflecting the market's rapid reaction to political events.
