Republican

THIS

Kamala Horris

TL;DR 
<ul> 
 <li>Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president.</li> 
 <li>Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K.</li> 
</ul> 
<h2 id="span-data-preserver-spaces-true-a-href-https-cryptopotato-com-wp-content-uploads-2024-11-xqc_cb-jpg-data-wpel-link-internal-a-span"><a href="https://cryptopotato.com/wp-content/uploads/2024/11/xQc_CB.jpg" data-wpel-link="internal"></a></h2> 
<h2 id="betting-on-the-wrong-horse">Betting on the Wrong Horse?</h2> 
The US presidential elections are undoubtedly among this year’s hottest topics. The latest results <a href="https://www.bbc.com/news/live/czxrnw5qrprt" data-wpel-link="external" target="_blank">show</a> that the 47th president of the country will be Republican Donald Trump, who <a href="https://www.aljazeera.com/news/liveblog/2024/11/5/us-election-results-live-polls-shut-in-trump-harris-indiana-kentucky-race" data-wpel-link="external" target="_blank">secured</a> vital victories in swing states like Pennsylvania, Georgia, and North Carolina.&nbsp; 
His win led to a massive resurgence of the cryptocurrency market. Therefore, it was cheered by numerous proponents of the asset class and investors.&nbsp; 
However, it is not beneficial to everyone. The popular Canadian online streamer Félix Lengyel, better known as xQc, revealed that he wagered $700,000 worth of Bitcoin (BTC) on Harris. A victory for the Democratic candidate would have resulted in a massive profit of almost $1 million in the primary cryptocurrency.&nbsp; 
<blockquote class="twitter-tweet"> 
 THIS BETTER HIT LMFAO, THE ODDS WERE TOO GOOD I HAD TO. DONT GET IT TWISTED PS: DONT GET MAD I CANT EVEN VOTE IM CANADIAN <a href="https://t.co/X2tECDEU8M" data-wpel-link="external" target="_blank">pic.twitter.com/X2tECDEU8M</a> 
 — xQc (@xQc) <a href="https://twitter.com/xQc/status/1853559741546459325?ref_src=twsrc%5Etfw" data-wpel-link="external" target="_blank">November 4, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Most of the X users commenting on the post described the bet as unreasonable, considering Trump’s better odds of emerging victorious. One person went even further, <a class="editor-rtfLink" href="https://x.com/prixorr/status/1853559936963559579" target="_blank" rel="noopener" data-wpel-link="external">arguing</a> that xQc should have donated the funds to charity instead of “burning it” by placing it on Harris. 
<h2 id="span-data-preserver-spaces-true-the-market-s-reaction-span">The Market’s Reaction</h2> 
As mentioned above, multiple leading cryptocurrencies headed north immediately after the reports indicating that Trump’s win in the elections was just a matter of time. 
Bitcoin (BTC) <a href="https://cryptopotato.com/bitcoin-price-explodes-to-new-all-time-high-at-75000/" data-wpel-link="internal">soared</a> to a new ATH of over $75,000 before slightly retracing to its current $74,000 (per CoinGecko’s data). Dogecoin (DOGE) <a href="https://cryptopotato.com/dogecoin-doge-price-soars-22-in-hours-heres-why/" data-wpel-link="internal">pumped</a> to an eight-month high of almost $0.21, while numerous Trump-related meme coins skyrocketed by double digits.&nbsp; 
On the contrary, memes connected to the Democratic candidate witnessed crucial losses. As CryptoPotato <a class="editor-rtfLink" href="https://cryptopotato.com/meme-coin-madness-as-donald-trump-wins-key-states-in-the-us-presidential-elections/" target="_blank" rel="noopener" data-wpel-link="internal">reported</a>, Kamala Horris (KAMA) crashed by over 90% daily, whereas Kamabla (KAMABLA) experienced a similar collapse.&nbsp; 
The post <a href="https://cryptopotato.com/this-viral-streamer-lost-700k-worth-of-btc-betting-on-kamala-harris-to-win/" rel="nofollow">This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.

This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win

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