As hypothesis is rising about the way forward for Robert F. Kennedy Jr.’s 2024 presidential marketing campaign, the crypto betting platform Polymarket has seen an increase in bets predicting his exit from the race.
This surge follows an announcement from Kennedy’s marketing campaign that he’ll “handle the nation” on August 23, discussing the “current historic second and his path ahead.”
This assertion has fueled rumors that the speech might sign the top of his unbiased bid for the presidency.
Do you know?
Wish to get smarter & wealthier with crypto?
Subscribe – We publish new crypto explainer movies each week!
Kennedy’s operating mate, Nicole Shanahan, hinted in an August 20 interview that the marketing campaign would possibly conclude and probably align with Republican nominee Donald Trump beneath a “unity celebration.” Apparently, on August 23, Trump is scheduled to carry a rally in Glendale, Arizona, only a quick distance from Kennedy’s deliberate speech in Phoenix.
The chances on Polymarket predicting Kennedy’s withdrawal earlier than November have elevated from 51% on August 20 to 96% on the time of writing. The probability of him dropping out earlier than September has jumped from 8% to 88%.
Polymarket has additionally launched a brand new betting possibility asking if Kennedy would endorse Trump throughout his dwell handle, with the chances for this state of affairs reaching 84% on the time of publication.
Kennedy started his presidential marketing campaign as a Democrat in April 2023 however switched to an Unbiased bid in October. All through his marketing campaign, he has been crucial of each President Joe Biden and Donald Trump, with Trump even labeling him “probably the most Radical Left Candidate” within the race.
Kennedy has made digital property a key a part of his marketing campaign, opposing the introduction of a central financial institution digital forex (CBDC) within the US, proposing to put the nationwide finances on the blockchain, and suggesting backing the US greenback with Bitcoin (BTC).
Talking on the Bitcoin convention this yr, he additionally introduced plans to extend the US authorities’s BTC holdings to equal the worth of the nation’s gold reserves.
As August 23 approaches, Kennedy’s announcement is drawing a whole lot of consideration, with the potential to considerably affect the 2024 presidential race.
Gode is a Web3 Market Analyst who researches an important business occasions and interprets how they have an effect on the broader Web3 area. Her formal schooling in media tradition & digital rhetoric permits her to make use of a methodical method to evaluating crucial Web3 information information, together with large-scale occasions and the broader social sentiment inside the ecosystem.Gode is a mutilingual skilled, having studied in a number of universities all throughout Europe. This enables her to have a one-of-a-kind alternative to investigate Web3 social sentiments spanning completely different cultures and languages and, in flip, develop a a lot deeper understanding of how the Web3 area is rising inside completely different communities. With the remainder of her group, Gode works to establish essential crypto information patterns and supply unbiased and data-driven info.Gode’s passions embrace working and speaking with individuals, and when she’s not researching Web3 information, she spends her time touring and watching true crime documentaries.
