November Analysis for NEAR Coin, Elections and Their Effects on Cryptocurrencies

NEAR Coin Review

With FTX collapse SOL Coin Like NEAR Coin, it also suffered a significant blow because it was considered among the “sam coins”. The altcoins supported by SBF and FTX were called “sam coins”, which we all know. Fortunately, they both recovered. While SOL Coin has seen much larger gains, NEAR Coin has seen limited growth.

While the article was being prepared, Poppe shared the graphic below and wrote:

“This is at an interesting point right now. If this continues, I assume the next leg up is about to begin (in theory: for everything in the markets).

But if there is a clear buying opportunity below $2.75, I may consider it.”

Cryptocurrencies and Elections

Analyst nicknamed Phoenix BTC He wrote that the price would soon reclaim $70,000. The common view of many analysts is that the markets will recover even if Kamala is elected, as the pressure of the elections is removed and the results are digested. What if Trump wins? This will be the best path for crypto.

TradezSZ in its latest analysis BNB CoinHe wrote that it could provide a good trading opportunity in the event of Trump’s victory.

“If Trump wins, he will most likely allow Binance in the US. He is pro-crypto.

Being the largest exchange will likely lead to BNB starting a massive rally when BTC rises. Since it is liquid, it will also be attractive to big players.”

On the analyst’s chart, target levels even exceed $2,000. The Kobeissi Letter is a crypto prediction platform kalshi He discussed the elections by sharing an evaluation based on his data. We’ve been talking for months that crypto prediction platforms are much more biased than real-world surveys.

“The key to this year’s elections is the swing states, which are close to neck and neck. Two weeks ago by Kalshi trump was ahead in all swing states. Now Harris has closed that gap and moved ahead in some key areas. But Trump still has the upper hand.

As these odds changed, Trump Media shares fluctuated. In fact, stock markets appear to be trading directly on what Kalshi says.

Prediction markets see a 79% chance of Republicans winning the Senate and a 53% chance of Democrats winning the House. “Prediction markets provide incredible detail on who is ahead in the election right now.”

However, these data are influenced and created by those who make predictions. It makes sense that Democrats would take much less action on these platforms than Republicans. cryptocurrency Investors may already be sabotaging the data in Trump’s favor because they hope he will win. As a matter of fact, in real world polls, there are no gaps like in the prediction markets, and Trump is behind by 48% to 49%.

We can deduce the following detail from the change in data in the prediction markets.

“Assuming that the dominant participants in the prediction markets are Republicans, the change in favor of Harris is striking. “Some crypto investors who appear to be Trump supporters may be changing their views to suit the realities of life in order to make money.”