The probability of Donald Trump retaking the White House jumped to an all-time high on Saturday after the shooting at the Pennsylvania rally, according to traders on Polymarket. “Yes” shares in Polymarket’s contract on whether Trump will win the presidency climbed 10 cents after the incident to 70 cents, meaning the market now sees a 70% chance he will prevail in November’s election. Each share pays out $1 if the prediction comes true, and zero if not. Meme tokens named after Trump also surged after the shooting. MAGA, for example, rose 34% on a 24-hour basis to $8.38, according to CoinGecko data, and the satirical TREMP added 67% to $0.6471. BODEN, a joke asset named after Biden, slipped about 15% over 24 hours to $0.0333115.
Related posts
-
Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day
Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road,... -
Bitcoin Price Crushing Altcoins Heading Into U.S. Election. Is There an Alt Rally Coming After?
Altcoins have lagged throughout the year amid regulatory uncertainty, and hence, K33 Research analysts said they... -
Bitcoin Blasts Past $70K—Election Day Sees Crypto Frenzy Unleashed
As of 12 p.m. Eastern on U.S. election day, bitcoin (BTC) remains steady above $70,000, currently...