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International Business Times
International Business Times
Business
Marvie Basilan

Harris Overtakes Biden On Polymarket As Likeliest 2024 Democratic Nominee

Polymarket Joe Biden Kamala Harris Donald Trump Crypto the Democratic Party Democratic Party Elizabeth Warren United States Bitcoin
Vice President Kamala Harris -- a leading contender to replace Biden if he exits the race -- said Tuesday she was proud to be his running mate. (Credit: AFP)

KEY POINTS

  • A Polymarket contract saw Harris' chances climb to 45% compared to 41% for Biden
  • Many commenting traders said Harris has better chances of winning in 2028, not this year
  • The Biden administration has often been deemed "hostile" toward the crypto industry

The Democratic Party is under increasing pressure to make a decision regarding its presidential nominee following U.S. President Joe Biden's unimpressive performance against GOP frontrunner Donald Trump during their first debate, and on popular decentralized cryptocurrency prediction market platform Polymarket, Vice President Kamala Harris' odds are up.

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