After an attempted assassination, Donald Trump’s odds of winning the presidency have unexpectedly increased to an all-time high on Polymarket, a well-known prediction market platform. Former President Donald Trump was the subject of an attempted assassination on July 13 at a Pennsylvania rally for a campaign event.
Although the incident’s specifics are still being worked out, preliminary indications by the FBI suggest that a lone gunman by the name of Thomas Matthew shot the former president using a sniper. Trump’s safety was guaranteed when the Secret Service and local law enforcement quickly neutralized the threat.
Following the attempted assassination, Trump’s odds on Polymarket experienced a sharp increase. The attempt on his life has energized his fan base and brought in a substantial amount of wagers on his chances of winning reelection.
The decentralized and blockchain-based prediction markets like Polymarket have witnessed remarkable activity regarding Trump’s odds. Market observers credit this uptick to a confluence of factors, including heightened media attention, sympathy, and a mobilizing influence among his followers.
Experts Say Assassination Attempts Can Trigger Empathy, Reactions Floods in
There is disagreement among political pundits over how this incident may affect Trump’s 2024 campaign in the long run. Political science expert Dr. Laura Simmons of Georgetown University said, “In the past, assassination attempts have frequently resulted in a surge in sympathy and support for the targeted individual.”
The attempt on Trump’s life and the consequent increase in his chances of winning the presidency have dominated news cycles and conversations on the social media cryptocurrency community. His supporters have come together to express sympathy and denouncing the violent crime.
Donald Trump, a strong pro-bitcoin advocate, has been invited as a guest speaker at the upcoming Bitcoin conference, which is scheduled to happen later in the month. Trump has on several occasions been quoted as saying that he will make sure that Bitcoin establishes its base in the United States and that the future is forged within the country’s territory.
Secret Service Spokesperson Speaks, Says Suspected Assassin Dead
Supporters on social media has started trending hashtags including #StandWithTrump and #Trump2024. There has been a lot of media coverage, with networks offering in-the-moment updates and commentary. An unnamed Secret Service agent, identifying as the organization’s spokesperson, has confirmed with The New York Times that Trump is safe.
The spokesperson also confirmed that the development led to the death of the suspected assassin, who, according to bystanders, was seen on one of the roofs close to Trump’s campaign grounds. The blooded images of Trump making the rebel fist gesture have flooded the internet space, raising the emotions of the average United States voters.
This is also coming at a time when the social media space discusses the health status of Trump’s rival, President Joe Biden. The event directly affected the performance of “PoliFi” tokens, the meme tokens linked to Donald Trump, which experienced major growth minutes after the event.
Jeo Boden Memecoin Drops, As Doland Tremp Rise
As of press time, price analysis from crypto. News has it that Megacoin (MAGA) had a 47% increase in the space of 24 hours to climb to the $9.32 price mark. On the other hand, Doland Tremp (TREMP) also had a 22% increase to hit $0.4866. Joe Boden (BODEN), a President Joe Biden-inspired coin, had a 21% drop to currently trade at $0.03181.
These assets have been a major speculating tool for the United States elections, offering real-time payouts to its investors according to its candidate’s performance in actual times. As of press time, Biden’s possibility of winning the United States presidential elections, according to a Polymarket poll, now stands at 16%.
He has also promised to ensure that he protects the right of self-custody and that no cryptocurrency company leaves the sores of the country. The price of Bitcoin rose from its initial bearish trend of $53,000, which it has maintained throughout July, to over $60,000 a few minutes after the news of the failed assassination attempt broke out. Meanwhile, as of this report, Bitcoin trades at $59,970, but it still has the propensity to rise above the current market price.