Politics and finance have become intertwined in crypto. The PolitFi category has emerged, which looks like a mix of fan tokens and meme coins. This space, which includes a large number of altcoins, represents an important experiment in crypto as the November elections approach. Harris may be ahead in the polls, but Bitcoin (BTC) $57,013.95 and believes strongly in what crypto investors want to see happen.
Who Will Win the US Elections?
If we look at hundreds of field polls, Harris is ahead in most of them. We shared the details about the latest polls here , when Harris was ahead with 48 percent. Trump remains at 43 percent. Moreover, despite his narrow escape from death and the electorate’s desire to go to the polls increasing after the assassination, the picture has not changed. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Democrats’ strength and motivation is that Biden is leaving his place to a strong woman. If elected, she will be the first female, even black, president of the United States. Kamala Harris It will be. It is an extremely impressive motivation after Obama. Especially for Democrats. Although this is the case in field surveys, Trump is ahead with 53% on Polymarket, one of the prediction platforms used by cryptocurrency investors.
However, as we mentioned above, as Bernstein analysts underlined, Harris’ average vote rate of 47 percent seems to be extremely inconsistent with Polymarket data. The main detail to be noted here is the Polymarket estimates, which cryptocurrency investors participate in. Trump The difference is not that big despite the factor. 43 percent of cryptocurrency investors think Harris will win the election.
Coinbase published reports a few weeks ago that showed that crypto voters were not that political. It was mentioned that voters were almost evenly split between two parties and that Trump’s pro-crypto rhetoric did not produce the expected results. Of course, the election is still months away and decisions can change.
PolitFi Altcoins
Biden tokens were sidelined after he withdrew from the election race. However, Trump There are quite a few popular altcoins minted in his name. Along with this, Trump will officially launch a new token called WLFI with his own team. Although the details are not clear yet, the first impression about WLFI is amateurishness, simplicity and fear.
MAGA (TRUMP) Token is one of the most popular Trump cryptos and according to recent polls, WLF After the bad news about the price dropped more than 15 percent today. The 96-day loss is at 82 percent. Although there are many tokens issued in the name of Harris, MAGHA It has not been as popular. Maybe we will see PolitFi tokens disappear by the time the elections start?
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
