📢 The probability of Donald Trump winning in the 2024 elections increased on Polymarket after the first debate. There is a growing market sentiment across the platform that President Biden will not be the Democratic nominee or will drop out of the race. 📈

Blockchain bettors were skeptical of Biden's performance in the first debate of the 2024 election cycle, putting Trump's odds of winning the November election as high as 67%.

A contract asking bettors to determine the outcome of the 2024 election has about $188 million on the line, with about $23 million for Trump and $21 million for Biden.

Polymarket was briefly out of service due to a huge surge of traffic when the controversy began.

Growing doubt about Biden's chances of holding out until election day has been reinforced by market sentiment.

According to Polymarket, Biden's odds of becoming the Democratic nominee are less than 70%, with California governor Gavin Newsom at 17% and Michelle Obama at 7%.

Another convention asking whether Biden should drop out of the presidential race rose to 43% during the debate.

Meanwhile, PoliFi token traders pushed both major tokens representing Trump and Biden into the red.

According to CoinGecko data, the MAGA token traded under the TRUMP ticker fell 12.5%, while the BODEN token fell 34%. TREMP also fell 10%. DJT token, which has recently come to the fore with its connection with Barron Trump, fell by 5%.

Cryptocurrency was not mentioned during this debate, but it has become a Republican campaign issue. A Polymarket contract asking whether Trump would talk about cryptocurrency or bitcoin deemed it unlikely and peaked at 6%.

Independent candidate Robert F. Kennedy Jr. was not invited to this debate; however, an exclusive broadcast on X in which he responded to questions posed during the Trump-Biden debate received 5.6 million views on social media.

🗣️ What do you think about the discussions? We are waiting your comments!#blockchain#cryptocurrency