On Polymarket, Kamala Harris is ahead of Donald Trump by 1%

Kamala Harris leads Donald Trump by 1% on Polymarket’s 2024 election forecast.

The most recent results from Polymarket’s 2024 Election Forecast on Tuesday show that Kamala Harris is leading Donald Trump by a mere 1%.

According to the prediction market, Harris will receive 50% of the vote overall, closely followed by Trump at 49%.

Polymarket Betters Favor Kamala Harris

The current Polymarket forecast indicates that 75% of participants predict Harris will win the popular vote, while only 24% believe Trump will emerge victorious.

Since U.S. President Joe Biden withdrew from the contest in July, Harris has maintained a lead in the poll.

She has advanced in the prediction markets as a result of this, particularly during the summer.

Trump has gained ground on Harris, in part because of his family’s recently established cryptocurrency platform, World Liberty Financial.

Donald Trump Plays the Crypto Card

Voters have responded favorably to Trump’s positions on cryptocurrencies and blockchain.

He made clear at the Bitcoin 2024 Conference in Nashville over the summer that he intended to enact regulations that would be favorable to cryptocurrency.

“We will have regulations, but from now on, the rules will be written by the people who love your industry, not hate your industry,” Trump said.

He also committed to removing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, criticizing the current approach to digital asset regulation during the launch of his family’s crypto project earlier this month.

“Those who were under investigation and are currently free as birds—people who were being looked at in the crypto world—will be living in hell because it will start the day after the election if they win,” he declared, “if for some reason bad, bad things happen and we do not win the election.”

Kamala Harris Takes Lead in Prediction Markets

Harris, on the other hand, has increased her backing of digital innovation lately. She had been mostly silent about cryptocurrencies for months, but now she is advocating for more secure, open, and transparent business practices that support technological advancement.

Speaking in Pittsburgh last week, Harris said, “We will encourage innovative technologies like AI and digital assets while protecting consumers and investors. We will create a safe business environment with consistent and transparent rules of the road.”

With the election quickly approaching, Harris and Trump are still in a close race and both are addressing important economic topics like blockchain technology and digital currencies.