- Polymarket shows Kamala Harris slightly leads with 50% over Donald Trump’s 49% as U.S. elections approach.
- Presidential debate omits cryptocurrency discussion, leaving voter interest in crypto policies unaddressed by candidates.
As the U.S. presidential elections draw near, recent updates from Polymarket show a tight race with Vice President Kamala Harris leading slightly over Donald Trump, by a margin of 50% to 49%. This change reflects a shift in public sentiment following the candidates’ recent debate.
During their debate on September 10, neither candidate addressed the topic of cryptocurrencies, despite high interest in this area from many voters.
Post-debate analysis showed a preference for Harris, with 99% of blockchain-based betting platform Polymarket participants favoring her performance.
Join us live from Mar-A-Lago on September 16 at 8pm EST with Donald J. Trump! Tune in to hear our vision for making finance great again. 🇺🇸 https://t.co/2H0rJcawBJ
— WLFI (@worldlibertyfi) September 12, 2024
In response to the shifting odds and seeking to regain momentum, Trump announced on X (formerly Twitter), his plans to launch the World Liberty Financial (WLF) project.
This project, spearheaded by his sons Donald Trump Jr. and Eric Trump, aims to integrate crypto solutions and move away from conventional banking systems. However, the crypto community’s response to this announcement was tepid.
As we mentioned in another report on ETHNews, Trump has previously engaged with the crypto world by participating in Bitcoin conferences, accepting cryptocurrency donations, and promoting Bitcoin-related merchandise.
These efforts have secured him ongoing support within the cryptocurrency community, despite the debate’s outcome.
The WLF initiative, intended as a decentralized finance (DeFi) platform for borrowing and lending, has sparked debate. Critics, including Nic Carter of Castle Island Ventures—who generally supports Trump—have expressed concerns about potential conflicts of interest and the project’s overall strategy.
As the election approaches and the WLF project gears up for launch, the effect of Trump’s deep dive into cryptocurrency on his presidential prospects remains to be seen.
The situation poses a question of whether his proactive stance on crypto finance will influence the broader voter base and crypto enthusiasts enough to sway the election results.
