š„ Trump Regains Lead on Polymarket, Harrisā Odds Fall!
š Recently, political bettors on the betting market Polymarket have begun leaning back toward Trump. Harris was ahead of Trump until mid-August, but Trumpās odds have started to rise since the two tied on August 26.
š Trumpās odds of winning the election peaked at 71% in July. But when Biden announced he would not run, paving the way for Harris, Trumpās odds fell to 44% in August. Harrisā odds climbed to over 55% in early to mid-August, but in recent weeks, her support among Polymarket traders has fallen, while Trumpās support has steadily risen back to over 50% (currently 52% to 47%).
š Trumpās recent support for cryptocurrencies is in stark contrast to his 2021 stance that called cryptocurrencies a āscam.ā In July, he gave a speech at the Nashville Bitcoin Conference, promising to support the BTC mining industry. Recently, Trump also released a new set of NFTs with words such as "Crypto President" printed on them, which further attracted cryptocurrency investors.
š A recent FDU poll showed that Trump led Harris by 12 percentage points among potential voters who own cryptocurrencies or related assets. This shows Trump's effective appeal to this group. Dan Cassino, a professor at Fairleigh Dickinson University, said that Trump has been reaching out to the cryptocurrency community and it seems to be working.
š¤ Viewpoint:
Trump's lead on Polymarket shows the success of his strategy. By supporting cryptocurrencies, he has shaped his image as an advocate of technological innovation and attracted young and technological voters.
Although the impact of this strategy on the election results is unclear, Trump's strategy among cryptocurrency voters is effective to a certain extent and may inspire other candidates to adopt similar strategies to attract this specific group of voters.
š¬What do you think about Trump's retaking the lead on Polymarket and his appeal among cryptocurrency voters? Do you think this will affect the results of the upcoming election?See you in the comments section!
