Donald Trump

Biden

Joe Biden

Shiba Inu

Politifi meme coins <a href="https://www.coingecko.com/en/categories/politifi">tumbled</a> over 1% after US President Joe Biden withdrew from the race for the presidency, paving the way for a potentially tougher opponent for Donald Trump in Kamala Harris. 
Biden’s decision to step down narrows the odds of a Donald Trump victory in November’s election, and that’s a worrying development for the crypto industry after the former president turned pro-crypto and promised to be ”crypto president” if he regains the White House. 
Biden has been a controversial figure within the crypto industry due to his administration’s crackdown on the sector, and Vice President Harris’s stance towards the crypto industry is an unknown. 
<h2 id="span-style-font-weight-400-polymarket-odds-related-to-a-kamala-harris-victory-surge-span">Polymarket Odds Related To A Kamala Harris Victory Surge</h2> 
Following Biden’s endorsement of Harris, a token linked to the Vice President by the name of Kamala Horris (KAMA) surged 74% to record the second biggest gain among Politifi tokens in the past 24 hours. 
In addition to KAMA’s price soaring, <a href="https://polymarket.com/event/presidential-election-winner-2024?tid=1721630289856">Polymarket</a> traders have also grown more optimistic that Harris will win the 2024 Presidential Election. 
 “Yes” shares for <a href="https://insidebitcoins.com/news/kamala-harris-outpaces-joe-biden-in-presidential-race-odds">Harris</a> taking the White House jumped 27%, pushing their price to 30 cents. This means that traders on the decentralized betting platform are 30% confident that she will become the next President. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 .<a href="https://twitter.com/Polymarket?ref_src=twsrc%5Etfw">@Polymarket</a> – Presidential Election Winner 
 🟥 Donald Trump: 63% (+33) 🟦 Kamala Harris: 30% <a href="https://t.co/BBwAM9ruC4">https://t.co/BBwAM9ruC4</a> <a href="https://t.co/BhgWVjqbNJ">https://t.co/BhgWVjqbNJ</a> <a href="https://t.co/KAXoTEvYbT">pic.twitter.com/KAXoTEvYbT</a> 
 — InteractivePolls (@IAPolls2022) <a href="https://twitter.com/IAPolls2022/status/1815109686473220523?ref_src=twsrc%5Etfw">July 21, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="meme-coins-linked-to-joe-biden-hit-hardest">Meme Coins Linked To Joe Biden Hit Hardest</h2> 
Crypto tokens linked to Biden were the biggest losers over the past 24 hours. Jill Boden (<a href="https://www.coingecko.com/en/coins/jill-boden">JILLBODEN</a>) lost the most with an 83% implosion. As a result, the meme coin traded at $0.00001268 as of 2:35 a.m. EST. 
Jeo Boden (BODEN) suffered the next biggest 24-hour loss in the Politifi secto with a 57% collapse. This added to the crypto’s negative weekly performance as well, pushing BODEN down over 71% in that time frame. 
<img decoding="async" src="https://media.zenfs.com/en/Benzinga/5d73700fa48400747eff1ce8dfb1e071" alt="Here's How Much $1,000 Invested In Joe Biden-Themed BODEN Meme Coin Is Worth One Month Later"> 
<h2 id="donald-trump-still-the-favorite-after-joe-biden-drops-out">Donald Trump Still The Favorite After Joe Biden Drops Out</h2> 
Trump still maintains a clear lead on the Polymarket platform, with “Yes” shares related to him winning the election standing at 63 cents to indicate a 63% chance. These shares also recorded a 33% jump in price since Biden announced his withdrawal from the race. 
Pepe (TRUMP) was the largest political meme coin gainer, registering a price uptick greater than 86% to trade at $0.0000057115. 
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Politifi Meme Coins Tumble As Joe Biden Exits Presidential Election, Tightening Race Between Kamala Harris, Donald Trump

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Inside Bitcoins

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