The total amount bet on Polymarket for the showdown between Trump and Harris has reached a record-breaking $445 million
Data from Dune Analytics shows that Polymarket's total betting volume reached $1.03 billion in July, a significant increase from $672.94 million in June. This is the astonishing amount of money cryptocurrency bettors have put into the potential presidential race between Trump and Vice President Kamala Harris, pushing election betting to unprecedented levels.
Compared with July 2023, when the platform's total betting volume was $283.16 million, this year's growth is particularly notable. Although Polymarket focuses on the US market, American users cannot directly access the platform and must use a VPN and a crypto wallet equipped with USDC to place bets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Salesforce surges 23%, triggering a SaaS rebound; Wall Street bets again on traditional software
Salesforce's quarterly results exceeded expectations, leading to a 23% surge in its stock price in a single day and sparking a collective rebound in the SaaS sector. Software and cybersecurity stocks such as ServiceNow, CrowdStrike, and Okta also saw significant gains. Analysts believe that previous market concerns about AI disrupting traditional software were overstated, and the industry has demonstrated more resilience than anticipated.
SK Hynix CEO: Memory shortage will continue until the end of 2030, and demand thereafter will not be a concern
SK hynix CEO Kwak Noh-Jung has offered the semiconductor industry’s strongest bullish outlook to date, stating that the shortage in memory chip supply will persist until the end of 2030. Even if there is a downturn by then, its impact will be much less severe than in the past. He attributes this to an AI-driven structural transformation: demand is rapidly shifting from standardized products to customized solutions, which could fundamentally alter the cyclical pattern of supply-demand imbalances.
Gold prices in New York rose on the 27th
K Line signs deal with Nihon Shipyard to build three Malaccamax VLCCs
Crypto prices
More
