Support for Kamala Harris for the upcoming presidential election increases, but winning odds are still down

On Oct 12, 2024

In the last few days, support from top crypto and non-crypto advocates for Kamala Harris has surged rapidly, but her winning chances are still significantly lower compared to former US President Donald Trump.

Currently, the two leading US presidential candidates are Kamala Harris and Donald Trump. Kamala Harris, the Vice President of the USA, has been actively supporting multiple sectors, including the crypto space, to gain full voter support.

Today, I am announcing that as president, I will create a bipartisan council of advisors to give feedback on policy and inform my administration.

Our democracy needs a healthy two-party system.
— Kamala Harris (@KamalaHarris) October 11, 2024

On the other hand, Donald Trump has expressed strong support for Bitcoin and has been promoting his track record in boosting the US economy, leveraging his experience as the 45th American President.

From the very beginning of this journey, I have been on a mission to rescue our nation from a failed and corrupt political establishment.

I will NEVER QUIT, I will NEVER BEND, I will NEVER BREAK, and I will NEVER YIELD, not even in the face of death itself! pic.twitter.com/K1XyaB6wzn
— Donald J. Trump (@realDonaldTrump) October 12, 2024

Crypto People Support for Kamala HarrisFox Business reporter Eleanor Terrett revealed that San Francisco-based blockchain firm Ripple co-founder Chris Larsen donated $1 million to support Kamala Harris’s election campaign.

🚨SCOOP: @Ripple co-founder @chrislarsensf has made the first documented #crypto donation to @KamalaHarris.

According to new FEC filings, Larsen donated $1 million in $XRP to one of the leading super PACs supporting Harris — Future Forward USA.@AppBreadcrumbs pic.twitter.com/XAYbUImpS5
— Eleanor Terrett (@EleanorTerrett) October 11, 2024

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Interestingly, crypto-sceptic and CNBC host Jim Cramer recently predicted that Kamala Harris would win the upcoming presidential election, not Donald Trump.

“I don’t see how Donald Trump wins”

– Jim Cramer

Inverse Cramer … Trump victory locked in. pic.twitter.com/WPEq7wjiDu
— Wall Street Silver (@WallStreetSilv) October 11, 2024

However, most crypto enthusiasts tend to believe the opposite of what Cramer predicts. Cardano founder Charles Hoskinson, a strong supporter of Trump, even thanked Cramer for his comments.

Man, I was getting worried about 4 more years of team blue. Thank God Cramer called it. https://t.co/8E0Rmaa5iA pic.twitter.com/SBoLB105rv
— Charles Hoskinson (@IOHK_Charles) October 12, 2024

Winning OddsDespite the growing support for Kamala Harris, her winning odds for the election remain stagnant. Currently, she is trailing Trump by 10.8% on the well-known betting platform Polymarket.

In betting marketplace, Donald Trump leading by 10.8% against Kamla Harris pic.twitter.com/4WhUoPIkxY
— Bitcoinik (@Bitcoinikdotcom) October 12, 2024