Republican

Donald Trump

Doland Tremp

Super Trump

<p class="is-style-lead">The bets on the market prediction platform Polymarket for the 47th U.S. president are quickly rising ahead of the elections. Republican candidate Donald Trump is leading with a huge gap.</p> 
<p>According to data provided by Polymarket, the total amount of bets on the next U.S. president has surpassed the $2 billion mark. Trump is currently leading with $600 million, followed by the Democratic runner Kamala Harris with $402 million.</p> 
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  Bets on the 2024 U.S. elections winner – Oct. 17 | Source: <a href="https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?tid=1721228789332" target="_blank" rel="nofollow">Polymarket</a>
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<p>Data from the market prediction platform shows that the odds are in Trump’s favor, leading with a 59.9% chance of winning the U.S. presidential elections—Harris’ winning probability is sitting at 40%.</p> 
<p>This 19.9% gap was last seen in mid-July.</p> 
<p> You might also like: <a rel="" href="https://crypto.news/bonk-spikes-8-but-bears-mount-resistance-at-critical-levels/"> BONK spikes 8%, but bears mount resistance at critical levels </a> </p> 
<p>Per a crypto.news report, the increased odds of the Republican candidate becoming the next U.S. president have brought bullish momentum to Trump-themed meme coins. MAGA Hat (<a href="https://crypto.news/price/maga-hat/" target="_blank">MAGA</a>), Super Trump and Doland Tremp (TREMP) <a href="https://crypto.news/maga-strump-tremp-rally-amid-increasing-odds-of-a-trump-victory/" target="_blank">recorded impressive double-digit gains</a>.</p> 
<p>One of the key reasons behind Trump’s increasing chance is the involvement of Elon Musk, the billionaire CEO of Tesla.</p> 
<p>According to an X post by Mario Nawfal, Musk will likely deliver six speeches, supporting Trump, in Pennsylvania, also known as “The Keystone State.”</p> 
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   <p lang="en" dir="ltr">ELON IS IN PENNSYLVANIA – SIGN UP TO ATTEND<a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@elonmusk</a> has 3 talks scheduled in Pennsylvania this week, but will likely do around six across the state.<br><br>No attendance fee!<br><br>Just sign the petition for free speech, the right to bear arms, and confirm that you're a registered voter… <a rel="nofollow" href="https://t.co/CJ7nzSjvVo" target="_blank">pic.twitter.com/CJ7nzSjvVo</a></p>— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1846842311684063436?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 17, 2024</a>
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<p>Nate Silver, a political statistician, believes that Pennsylvania is the most important state for the upcoming elections.&nbsp;</p> 
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   <p lang="en" dir="ltr">Now that we have a bit more state polling of the Harris-Trump matchup … Pennsylvania back to being by far the most important state. <a rel="nofollow" href="https://t.co/brj8YJlgD3" target="_blank">pic.twitter.com/brj8YJlgD3</a></p>— Nate Silver (@NateSilver538) <a href="https://twitter.com/NateSilver538/status/1819457285535703160?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 2, 2024</a>
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<p>Previously, Musk’s involvement in a Trump campaign in Butler, Pennsylvania <a href="https://crypto.news/trump-extends-lead-on-polymarket-after-pivotal-speech-with-elon-musk/" target="_blank">increased</a> the odds of the republican candidate to 50.8%.</p> 
<p> Read more: <a rel="" href="https://crypto.news/trump-endorsed-wlfi-falls-short-of-300m-target/"> Trump-endorsed WLFI falls short of $300m target </a> </p>

Presidential election bets surpass $2b on Polymarket, Trump leading with $600m

crypto.news

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