Will Donald Trump Launch His Own Cryptocurrency? 84 Percent Are Trying

The betting odds on Donald Trump launching a token before the presidential election have risen above 84% on Polymarket after the launch date of the World Liberty Financial crypto project was announced.

It was announced that this project, run by the Trump family, will launch on September 16.

Trump is thought to launch his own token

The odds of a “Yes” answer to the question “Will Trump launch a coin before the election?” on Polymarket were 40% on Thursday, while this rate was 16% a month ago. The odds have skyrocketed after Trump’s announcement.

Polymarket users have bet more than $1.7 million on this market so far.

The bet will result in a “Yes” if Trump verifiably launches a new token by November 4, 2024. However, it is not enough to have a plan or a confirmation statement for this bet to happen. The token must actually be launched on the blockchain.

World Liberty Financial’s whitepaper states that it plans to launch a non-transferable governance token called WLFI, but Trump’s exact role in the project and direct involvement in the token launch are not yet known.

Meanwhile, Polymarket users are betting that Kamala Harris will win the US presidential election. Harris’ odds rose after the two debated.