177% up to 5BTC + 77 Free Spins!
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Traders on Polymarket, a crypto-based prediction platform, now see a 70% chance of former President Donald Trump winning the next presidential election. This surge in confidence follows an incident at a Pennsylvania rally on Saturday where Trump was injured in an assassination attempt.
After the incident, “Yes” shares in Polymarket’s contract predicting Trump’s victory in the election rose by ten cents to 70 cents. This indicates a 70% probability of his return to the White House. Each share pays out $1 if Trump wins and nothing if he doesn’t. These bets are secured by a smart contract on the Polygon blockchain and settled in USDC, a stablecoin pegged 1:1 to the US dollar.
Trump has shown strong support for cryptocurrency throughout his campaign. He is scheduled to speak at a bitcoin conference in Nashville this month. Additionally, the Republican platform promises to stop the Biden administration’s crackdown on the crypto industry.
This morning, Trump was seen back on the golf course, seemingly undeterred by the recent events.