Trump's and Harris' Chances for the 2024 Election Tie after Debate

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Debate Topics
  2. Impact on the Crypto Market
  3. Role of Crypto Committees in the 2024 Election


    4. In the first debate held in Philadelphia on September 10, Vice President Kamala Harris and former President Donald Trump did not discuss cryptocurrency. This led to Trump's chances of winning the 2024 election declining and tying with Harris on the betting platform Polymarket.

    Debate Topics

    During the two-hour debate, topics such as economic plans, abortions, immigration, and foreign policy were discussed. The odds of Trump's victory decreased by 3% on Polymarket, positioning him at 49%, equal to Harris. This change can be attributed to increasing levels of uncertainty regarding the election outcome among bettors.

    Impact on the Crypto Market

    The debate's outcome has significantly impacted the crypto market. Some experts estimate that if Trump wins, the Bitcoin rate could rise to $90,000 per coin by the end of the year. Trump has vowed to repeal anti-crypto regulations and turn the U.S. into a crypto-friendly country. On the other hand, if Harris emerges victorious, some believe that the price of Bitcoin could fall to $30,000 because her stance on cryptocurrency is not as clear as Trump's.

    Role of Crypto Committees in the 2024 Election

    Crypto-backed political action committees are involved in this election cycle. They have amassed over $202 million to fund the 2024 elections; the largest PAC, Fairshake, has $177.8 million and has spent $70.8 million so far.

    Pre-debate national polls indicate that Harris is ahead of Trump by a margin of 2.7 percentage points, which could be attributed to general voter concerns about the economy, inflation, and immigration, not necessarily crypto. Now that the debate is over, the focus will be on how the candidates' positions change and how this may impact the political and crypto markets in the coming months.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

TON Validators Prepare for Configuration Vote on New Collator Architecture

chest

TON validators are updating their node software and mytonctrl tooling for a configuration vote on a new collator architecture scheduled for August 21 at 0800 UTC.

user avatarKofi Adjeman

Aave's EMode: Efficiency and Risk in DeFi Lending

chest

Aave's EMode feature allows for efficient borrowing among correlated assets but also increases the risk of liquidation during market stress.

user avatarSatoshi Nakamura

Avalanche Surpasses $3 Billion in Tokenized Real-World Assets

chest

Avalanche's tokenized real-world asset value has surpassed $3 billion, marking a significant milestone in its development as a platform for institutional finance.

user avatarNguyen Van Long

Aave's Debt Concentration Raises Concerns Amid Ethereum Volatility

chest

Aave's debt profile shows that a small number of loan positions account for a significant portion of its total outstanding debt, raising concerns about risk concentration.

user avatarJesper Sørensen

Shift in Airdrop Strategy Reflects Changing Market Dynamics

chest

Optimism's decision to reallocate tokens indicates a shift away from broad airdrops towards more strategic ecosystem investments.

user avatarLucas Weissmann

Optimism Governance Approves Reallocation of OP Tokens

chest

Optimism governance has approved the transfer of 5469 million OP tokens from user airdrop reserves to a Strategic Ecosystem Fund managed by the Optimism Foundation.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.