Highlights
As the elections draws closer, the odds have bounced back in favor of Republican Presidential candidate Donald Trump. According to Polymarket data, Democrat’s Kamala Harris now have a 51% odds of winning against Trump with 47%.
While the former President’s winning odds is clearly a few percent lower than Harris’ but is 3% higher than his previous level. The President Joe Biden-endorsed candidate saw this plunge in her figures after a failed crypto reset town hall meeting speech on the economy on Friday. She likely said something that triggered her supporters and caused a few of them to have a change is stance.
In line with this, 58-years-old America hedge fund manager Bill Ackman took to X to share a number of projects that Biden and Harris attempted. Much more, he pointed to how they barely achieved all that they set out to do including their station plan. Next, Ackman highlighted the VP’s plan to build 3 million housing unit in four years. Harris’ track record with Biden suggests to Ackman that she could just be taking on more than she can handle.
X owner Elon Musk also reacted to patent takeover plans by the Vice President. It is worth noting that the Donald Trump rival also made a statement concerning potential government takeover of patents.
In one of her rallies, she declared, “I will snatch their patent, so that we [the American government] will take over. Yes, we can do that! The question is: ‘Do you have the will to do it?’ I have the will to do it,”
With all these animosity towards the VP, it is barely surprising that her ratings plunged. Capitalizing on this, the former President is gradually moving up the winning the ladder and may eventually displace his opponents in the polls, especially if Harris keeps making controversial statements.
For now, both aspirants are on track to debate in September and as it stands, they both have contrasting crypto policies, especially on crypto policies. While Donald Trump has assembled a transition team with a strong support for the digital asset industry Harris, is still linked to the Biden administration’s anti-cryptocurrency policy.
Trump’s love for crypto has trickled down to his family and his sons are currently working on a few crypto projects. A few days ago, his oldest son launched a Telegram Channel for the family’s crypto project.
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