In keeping with Polymarket’s bettors’ odds, President Joe Biden stays the frontrunner with a 48% chance of retaining the Democratic occasion’s nomination for the 2024 presidential election. Vice President Kamala Harris carefully follows with 36% odds.
Politics have grow to be one of many hottest matters on Polymarket, a website the place customers place bets on a few of the world’s most highly-debated present occasions.
Biden stays decided to run for re-election in 2024 regardless of rising calls from some Democrats for him to withdraw as a consequence of issues about his age and psychological acuity on the heels of a disappointing presidential debate efficiency in opposition to former President Donald Trump.
The controversy sparked nervousness inside the Democratic Social gathering nearly instantly. It additionally led some donors and allies to query Biden’s viability as the very best candidate to problem Trump.
Regardless of these issues, Biden stays resolute in his resolution to hunt a second time period, confidently asserting that he’ll defeat Trump once more this yr.
In a televised interview with George Stephanopoulos, Biden — who could be 86 on the finish of a second time period — stated: “If the Lord Almighty got here down and stated, ‘Joe, get out of the race,’ I’d get out of the race… However the Lord Almighty isn’t coming down.”
Ballot numbers
In keeping with a July 6 Morning Seek the advice of ballot, Biden continues to underperform Trump amongst every candidate’s respective 2020 voters and their very own occasion bases.
The 2 presumptive nominees are additionally splitting unbiased voters nearly evenly.
Inside particular person swing states, Biden leads Trump in Michigan and Wisconsin, however has no benefit in Arizona, Georgia, Nevada, North Carolina and Pennsylvania.
Amongst all swing-state voters, 55% stated Biden mustn’t proceed his marketing campaign, together with 29% of Democrats and 58% of independents.
Biden’s defiant stance has elicited combined reactions from inside his occasion. Whereas some Democratic leaders, including Harris, have voiced their assist for him, others, like Illinois Consultant Mike Quigley, have urged him to step apart in favor of recent management.
In the meantime, Harris has been working to lift her profile and emphasize her achievements, possible in preparation for a possible succession.
Kamala Harris meme coin soars over 429% in two weeks
The Harris parody meme coin, Kamala Horris (KAMA), has skilled a dramatic surge in worth over the previous 14 days, rising by greater than 429%. This surge coincides with the controversy surrounding Biden’s standing within the 2024 presidential race.
In keeping with CoinGecko, KAMA’s value has elevated by 44.2% up to now week, at the moment buying and selling at $0.0073 with a 24-hour buying and selling quantity of $759,945. The token’s market capitalization is $7.3 million.
Technical evaluation signifies that KAMA has damaged by way of a key resistance degree and is buying and selling above its 50-day and 200-day transferring averages, signaling a bullish pattern. Nevertheless, it is very important observe that the token’s supply code stays unverified and comprises potential rip-off codes, although it doesn’t seem like a rip-off based mostly on accessible parameters.
The surge in KAMA’s value coincides with the potential for Harris turning into the Democratic nominee. This hypothesis has led to elevated curiosity and funding within the KAMA token, with some traders viewing it as a technique to capitalize on Harris’ potential candidacy.
Regardless of the current surge, the token’s value stays extremely unstable and speculative, with its long-term viability unsure.