Who Will Kamala Harris Pick For Vice President? Crypto Bettors Have 4 Favorites For Democratic Party Running Mate
Portfolio Pulse from Chris Katje
Vice President Kamala Harris is set to secure the Democratic Party's nomination for the 2024 election and is now tasked with selecting a vice-presidential candidate. Over $16 million has been wagered on Polymarket regarding her choice, with Mark Kelly, Josh Shapiro, Roy Cooper, and Andy Beshear being the top favorites.
July 23, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Polymarket, a platform that allows betting on political outcomes, has seen over $16 million wagered on Kamala Harris' VP pick. This could drive increased interest and trading volume in Ethereum, which is used for transactions on Polymarket.
Polymarket uses Ethereum for transactions, and significant betting activity on the platform could lead to increased demand and trading volume for ETH.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Polymarket's significant betting activity on Kamala Harris' VP pick could also impact Polygon (MATIC), as the platform supports transactions on the Polygon network.
Polymarket supports transactions on the Polygon network, and increased betting activity could lead to higher demand and trading volume for MATIC.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Polymarket's betting activity on Kamala Harris' VP pick could influence the use of USD Coin (USDC) for stable transactions on the platform.
USD Coin (USDC) is often used for stable transactions on platforms like Polymarket. Increased betting activity could lead to higher usage of USDC.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60