Election fervor hits new heights: Polymarket sets new highs for bets
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Dune Analytics has got the scoop on something big, according to their records. Over 31,6 thousand people are hopping on their bandwagon.
The excitement is buzzing around the ongoing US election campaign. So far, these folks have dropped about $344 million on thematic predictions. It's worth noting that Donald Trump is the buzz amongst the community, with a whopping 64% probability of winning. Kamala Harris isn't far behind, holding on to 33% chances.
Here's a lowdown on what's shaking up in the prediction market:
The election has proven to be a turning point, especially for decentralized platforms like Polymarket. The increased activity on these platforms, although not specifically mentioning the current odds for Trump or Harris, shows that consumer interest in crypto applications has picked up.
The broader regulatory and market outlook also points towards the emphasis on stablecoin legislation (GENIUS/STABLE Acts) and Ethereum’s dominance in stablecoin activity. This suggests that election-related crypto activity could be focused on stablecoin adoption and regulatory impacts.
However, for specific Dune Analytics dashboards or real-time data on the on-chain sentiment analysis, additional resources would be needed. The provided materials primarily focus on the bigger economic trends and legislative developments, rather than the sentiments of individual users.
- Dune Analytics' popularity has surged with over 31,6 thousand people following their records, indicating a growing interest in their data.
- Forecasts for the US election have shown a clear favorite in Donald Trump, with a predicted 64% probability of his victory, according to Dune Analytics.
- Kamala Harris holds 33% chances in the election as per the contemporary prediction market, signifying a tight race between the two top contenders.
- In the realm of entertainment and general-news, the US election is influencing consumer interest in crypto applications, particularly on decentralized platforms like Polymarket, with increased activity focused on stablecoin adoption and regulatory impacts.
