In accordance with Polymarket’s bettors’ odds, President Joe Biden stays the frontrunner with a 48% likelihood of retaining the Democratic social gathering’s nomination for the 2024 presidential election. Vice President Kamala Harris carefully follows with 36% odds.
Politics have develop into one of many hottest subjects on Polymarket, a website the place customers place bets on among 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 resulting from considerations about his age and psychological acuity on the heels of a disappointing presidential debate efficiency in opposition to former President Donald Trump.
The talk sparked anxiousness throughout the Democratic Celebration 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 considerations, Biden stays resolute in his choice 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 — mentioned: “If the Lord Almighty got here down and mentioned, ‘Joe, get out of the race,’ I’d get out of the race… However the Lord Almighty will not be coming down.”
Ballot numbers
In accordance 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 social gathering bases.
The 2 presumptive nominees are additionally splitting impartial 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% mentioned Biden shouldn’t proceed his marketing campaign, together with 29% of Democrats and 58% of independents.
Biden’s defiant stance has elicited blended reactions from inside his social gathering. Whereas some Democratic leaders, together with Harris, have voiced their help 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 boost her profile and emphasize her achievements, probably 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 accordance with CoinGecko, KAMA’s worth has elevated by 44.2% prior to now week, presently 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 means of a key resistance stage and is buying and selling above its 50-day and 200-day shifting averages, signaling a bullish pattern. Nevertheless, it is very important observe that the token’s supply code stays unverified and incorporates potential rip-off codes, although it doesn’t seem like a rip-off primarily based on out there parameters.
The surge in KAMA’s worth coincides with the opportunity of Harris changing 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 latest surge, the token’s worth stays extremely unstable and speculative, with its long-term viability unsure.
