Kamala Harris and Donald Trump Are Tied on Polymarket
By Olivier Acuña | TH3FUS3 Chief Editor
August 10, 2024 10:21 AM
Reading time: 2 minutes, 11 seconds
TL;DR Polymarket bets show a dead heat between Kamala Harris and Donald Trump for the 2024 U.S. presidential election. Both candidates have garnered 49% of the vote. Crypto's role in the election is also becoming increasingly significant.
Polymarket Bet Shows Candidates Tied
U.S. Presidential candidates Kamala Harris and Donald Trump are officially tied in a Polymarket bet predicting the 2024 U.S. presidential election winner, the prediction market's website shows.
According to Polymarket's bet 'Presidential Election Winner 2024,'* Trump and Harris are tied with 49% of voters' preference.
The remaining 2% of votes have gone to several notable U.S. political figures, who have slim odds of winning this year's election, given that some are not even running.
This category includes former First Lady Hillary Clinton, Senator Elizabeth Warren (D-MA), and third-party candidate Robert F. Kennedy Jr.
A Close Race
According to the Wall Street Journal, Trump sometimes trailed Harris by a percentage point on Thursday. This marked the first time he formally trailed the current U.S. vice president since polling on the prediction market began.
However, the former reality television star has to worry about more than Polymarket betting trends. Harris is now leading several of the latest national polls, a first since U.S. President Joe Biden announced his withdrawal from the race last month.
The two Oval Office hopefuls will go head to head in a televised debate on ABC News on September 10. This will be the first time the two leading challengers will debate following Biden's dismal showing against Trump this past June.
Crypto Politics Intensify
With 20% of voters in this year's swing states noting that crypto is a significant issue when considering which candidate to vote for, digital assets are already playing a critical role in this year's election cycle.
Trump has long appeared to be the crypto-friendly candidate, telling audiences at Bitcoin Conference 2024 in Nashville last month that he aspires to make the United States the 'crypto capital of the planet.'
However, recent efforts from Democratic crypto collectives backing Harris may be set to topple Trump's white-knuckle grip on the blockchain sector as a whole.
The newfound Crypto For Harris campaign is slated to host its first town hall next Wednesday. This event will feature billionaire Mark Cuban, former White House communications director Anthony Scaramucci, and several top U.S. lawmakers. They are expected to discuss how members of the digital asset community can support Harris ahead of November.
Building a Movement
"Crypto is building a movement to support Kamala Harris," the digital asset group said in an August 6 X post. A group of industry leaders, policy experts, and everyday crypto-enthusiasts are organizing to back Harris while pushing for a nuanced policy stance that positions America as a leader in digital assets.
Whether or not crypto will tip the presidential candidates' dead heat tie remains to be seen.