Polymarket odds change dramatically! Why Harris counterattacked and why Trump fell behind

On the leading decentralized prediction market platform Polymarket, the odds of the US presidential election have taken a remarkable turn: Kamala Harris's chance of winning has climbed to 52%, while Donald Trump's approval rating has slipped to 45%. This is in stark contrast to the situation in which Trump had previously dominated. Surprisingly, Harris's approval rating was only 33% when she first announced her candidacy.

Nick Tomaino, founder of 1confirmation, analyzed this phenomenon on the X platform, emphasizing the unique mechanism of the prediction market: it can bring together the diverse views of investors to truly reflect market sentiment. He further pointed out that although some people suspect that big money may influence the election by manipulating the market, Polymarket's market mechanism is strong enough to resist such interference. Tomaino explained that even with the influx of huge funds, mature market makers can quickly adjust market prices to ensure their accuracy.

Anatoly Yakovenko, founder of Solana Labs, questioned the rationality of investing heavily in prediction markets. He believes that it is not wise to create an illusion of discrepancy between reality and market forecasts, and the market's self-correction ability will soon reveal the truth.

As the election situation changes, market volatility is also intensifying. Investors should pay attention to the market's self-correction mechanism and the role of market makers in maintaining market balance. Short-term market fluctuations may bring trading opportunities, but long-term investors should remain cautious and pay close attention to changes in market sentiment and the dynamics of capital flows.

Every market fluctuation is an opportunity to gain insight into market sentiment. In this ever-changing market, only by maintaining a keen sense of smell and a cool head can we seize every turning point. Pay attention to Lao Lin, deeply analyze market trends, understand every opportunity, and jointly seize the investment opportunities brought about by changes in the election situation! ”

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