Polymarket Traders Accurately Predict Trump’s VP Pick
The post Polymarket Traders Accurately Predict Trump’s VP Pick appeared first on Coinpedia Fintech News
Polymarket traders successfully predicted that former President Donald Trump would select Senator JD Vance of Ohio as his GOP running mate. The blockchain-based prediction platform saw a total of $94 million wagered on Vance’s selection.
Vance’s odds surged from an 8% chance at the start of 2024 to 36% just before the selection on Monday. The announcement comes days after the failed assassination attempt on Trump, which pumped the crypto market back to its feet. Thus, it added a dramatic twist to the 2024 presidential race and brought Bitcoin back to $64K levels.
Further, Vance is known for criticising Gary Gensler’s crypto regulation.
