Donald Trump Meme Coins Soar Even As His Polymarket Odds Weaken Ahead Of US Election Tomorrow

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Insidebitcoin2024/11/04 12:33

By:Insidebitcoin

Meme coins linked to Donald Trump surged, despite a recent dip in his Polymarket odds, as crypto investors position themselves ahead of tomorrow’s US election.

Pepe ( TRUMP ) was the biggest gainer, posting an impressive 128% price surge in the last 24 hours. Similarly, TrumpCoin ( DJT ), Super Trump ( STRUMP ) and MAGA Hat ( MAGA ) saw their prices soar by 98%, 46% and 32%, respectively.

Donald Trump Meme Coins Soar Even As His Polymarket Odds Weaken Ahead Of US Election Tomorrow image 0

Trump’s US Election Odds Plunge On Polymarket

Polymarket odds of a Trump victory in tomorrow’s US election plunged 9% in the last week. They have since recovered slightly, with the Republican’s chances rising by 3% in the last 6 hours to stand at 57% as of 3:17 a.m. EST.

Conversely, current Vice President and Democrat Kamala Harris saw her odds jump 9% in the last week. However, her odds took a 3% knock in the last few hours. Overall, Polymarket bettors now see a 43% chance that she will emerge victorious in the US election tomorrow.

Trump Predicted To Take The Lead In Swing States

Along with the overall lead in Polymarket odds, Trump is also the favorite to win in the majority of swing states. Currently, the former president’s odds of taking Arizona, Georgia, Nevada and Pennsylvania stand at 76%, 64%, 59% and 54%, respectively.

Harris is expected to take Wisconsin and Michigan, according to bettors on Polymarket. She is also the favorite to win the popular vote , with her odds standing at 73% and Trump’s chances at just 27%.

The PolitiFi meme coin segment of the crypto market surged 3.4% in the past 24 hours to reach a market cap of $673 million, according to CoinGecko.

PolitiFi meme coins are also doing well in presale, with funds raised by FreeDum Fighters (DUM) surging past $417k. Its token holders can vote for the blockchain versions of Trump and Harris and so far 68% are backing Trump to win.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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