2024

Donald Trump

President Donald Trump

Former President Donald Trump has taken a decisive lead over Vice President Kamala Harris on Polymarket, a popular prediction platform, as the 2024 U.S. presidential election draws nearer.
According to the latest <a href="https://polymarket.com/elections" rel="noopener noreferrer nofollow">data</a>, Trump now holds a 55% chance of victory compared to Harris’ 45%, marking a sharp reversal from earlier betting odds in September. This swing in predictions highlights Trump’s growing momentum, particularly in four of six critical swing states.
Polymarket’s data shows Trump leading in Arizona, Georgia, Michigan, and Pennsylvania — states that could determine the outcome of the election. Arizona and Georgia, in particular, have become strongholds for the GOP candidate, with Trump securing his widest margins of predicted victory there. This shift in favorability represents a dramatic change from Harris’ earlier lead.
<h2 id="span-style-font-weight-400-cramer-s-prediction-sparks-debate-span">Cramer’s Prediction Sparks Debate</h2>
<a href="https://thecoinrise.com/trump-surpasses-harris-in-polymarket-betting-gaining-50-6-odds-for-victory/" rel="noopener noreferrer nofollow">Despite Trump’s rising odds on Polymarket</a>, CNBC’s Jim Cramer voiced a different opinion. On October 11, Cramer predicted that Kamala Harris would ultimately win the election, stating, “I don’t see how Donald Trump wins.” His comment sparked widespread discussion, with many referencing the “inverse Cramer effect” — a term popular among cryptocurrency traders who believe that outcomes often turn out opposite to Cramer’s forecasts.
The inverse Cramer effect has gained notoriety in financial circles, and Cramer’s comments about the 2024 election have only fueled further debate. While his prediction ran counter to Polymarket’s trends, the impact of Cramer’s outlook on the election remains uncertain. Some have joked that his prediction could end up strengthening Trump’s odds.
<h2 id="span-style-font-weight-400-trump-courts-crypto-voters-with-public-display-span">Trump Courts Crypto Voters with Public Display</h2>
Trump’s climb in the Polymarket rankings coincides with his strategic outreach to crypto enthusiasts. In September, the former President made headlines by purchasing burgers with Bitcoin during a campaign event at a New York bar. This public gesture was part of a broader effort by Trump to connect with the crypto community, which includes <a href="https://thecoinrise.com/donald-trumps-world-liberty-financial-kickstarts-kyc-verification/" rel="noopener noreferrer nofollow">his backing of World Liberty Financial</a>, a decentralized finance project.
While the move earned Trump some praise, it also sparked controversy within the crypto industry. Journalist Nic Carter <a href="https://x.com/nic__carter/status/1831145983847137451?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1831145983847137451%7Ctwgr%5Eccf42bb62e02f6562d1a372b988b8da8a26ab399%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Ftrump-crypto-wlfi-pump-and-dump" rel="noopener noreferrer nofollow">warned</a> that Trump’s involvement with a DeFi project could expose him to risks.
Carter expressed concerns that the project could be hacked, potentially damaging Trump’s image. Despite these worries, other industry voices, such as Dan Tapiero, remain optimistic about cryptocurrency’s future, predicting <a href="https://thecoinrise.com/bitcoins-path-to-100k-unaffected-by-u-s-election-outcome-10t-holdings-founder/" rel="noopener noreferrer nofollow">Bitcoin will soar to $100,000 regardless of the election’s outcome</a>.
The post <a href="https://thecoinrise.com/trump-surges-ahead-of-kamala-harris-by-10-points-on-polymarket/" rel="noopener noreferrer nofollow">Trump Surges Ahead of Kamala Harris by 10 Points on Polymarket</a> appeared first on <a href="https://thecoinrise.com/" rel="noopener noreferrer nofollow">TheCoinrise.com</a>.

Trump Surges Ahead of Kamala Harris by 10 Points on Polymarket

Table of Contents

TheCoinrise Media

Other articles published on Oct 13, 2024

Nassim Taleb Discusses Market Fragility and Future of AI Investments

Bored Ape NFT #7940 Sells For +$1.4M – Daily NFT Sales Jump 33%

Is Floki Fighting A Losing Battle? Investors Turn To Tokens With Real-Life Utility In 2024

Ripple’s CEO accuses the SEC of operating above the law

Moon Musk (MOONMUSK) Solana Memecoin Will Explode 17,000% Ahead of Exchange Listing, As SHIB and ...

The Race for Crypto Innovation: Qubetics Unveils Seamless Conversion While SOL Excels in Efficien...

Join our free newsletter for daily crypto updates!