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Michelle Obama Democratic Candidate? Crypto Bettors Think Her Chances Just Tripled
Michelle Obama Democratic Candidate? Crypto Bettors Think Her Chances Just Tripled
Market Prediction Platform Data Polymarket indicates that punters believe the former First Lady Michelle Obama could have a chance to become the Democratic nominee for the presidential election.
THE walkwhich has attracted more than $214 million in bets, gives Michelle Obama an 11% chance of replacing the president Joe Biden as a candidate, making her the second favorite after the vice president Kamala Harris. $24 million was traded on the former First Lady’s prospects alone.
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Betting trends show that Obama’s odds have more than tripled in the last 24 hours alone, from 3% to over 10%.
This increase could be interpreted as a response to recent political developments, notably President Joe BidenThe unexpected withdrawal of of the race and his support for Vice President Kamala Harris as a Democratic candidate.
Entrepreneur and investor Balaji S. Srinivasan said“Obama is not endorsing Kamala. He is calling for an open convention. Michelle Obama could be his nominee.” The statement, while not reflected in current ratings, has fueled ongoing discussions about potential shakeups within the Democratic field.
Speculation about Michelle Obama has abounded, although the former first lady has officially been saying “You would be crazy to go into politics.”
Anastasia PlotnikovaCEO of Fideum Michelle Obama told Benzinga that Michelle Obama has repeatedly stated that she has no intention of running for the Democratic nomination, including the 2024 presidential nomination. As for her policy stances during her time as First Lady, she has focused primarily on education, voting rights, and military families. The general public is not yet aware of her stance on cryptocurrency and the economy in general. However, having a new candidate in the running can be very helpful for the general debate, Plotnikova told Benzinga.
And after:For those looking to delve deeper into the future of digital assets and their potential impact on various sectors, including politics, the next Benzinga The Future of Digital Assets The November 19 event promises to offer valuable insights.
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This item Michelle Obama Democratic Candidate? Crypto Bettors Think Her Chances Just Tripled originally appeared on Benzinga.com
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