Polymarket prediction data shows Trump taking the lead over Harris

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Polymarket shows Trump leading the race; however, other betting trackers show Harris still in the lead
The Republicans have seen 102,000 new registered voters compared to the Democrats’ 96,000
Elon Musk endorsed Trump during a Pennsylvania rally over the weekend

The odds of former US President Donald Trump winning the election against Vice President Kamala Harris rose to 51% on Polymarket, the decentralized prediction market platform.

According to the platform, Harris is behind on 48.3% at the time of publishing. However, on the Election Betting Odds tracker, Harris remains in the lead, only by a small margin, at 50.1% compared to Trump’s 49.2%.

On Polymarket, the shift in first place follows as Trump received a boost in Pennsylvania, considered one of the important swing states during the election, after seeing new voting registrations. In a report from Newsweek, Republicans saw 102,000 new voters registered in the state compared to the Democrats 96,000.

Billionaire Elon Musk has also endorsed Trump following his appearance at the former US president’s rally in the state. Taking to X, Musk wrote: “Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line.”

Trump now leading Kamala by 3% in betting markets. More accurate than polls, as actual money is on the line. https://t.co/WrsqZ2z8pp

— Elon Musk (@elonmusk) October 7, 2024

Backing Trump

On Saturday, the CEO of SpaceX and Tesla took to the stage in Butler, Pennsylvania in his first appearance alongside Trump, which also happened to be where the assassination attempt on Trump took place in July.

Wearing a cap with the “Make America Great Again” slogan of Trump’s campaign, Musk called the presidential nominee the only candidate “to preserve democracy in America.” As the final weeks count down to election day, this first appearance by Musk highlights the growing alliance between the two.

The topic of crypto has played an important role during the presidential election discussions. In September, Harris unveiled her first crypto-positive remarks during a New York fundraiser. If elected, Harris promised she would help grow investment in artificial intelligence and crypto in America.

Likewise, Trump has also been increasingly vocal in supporting crypto.

Trump – who said he wants to make America the “crypto capital of the planet” – became the first US president to use the Bitcoin network. He achieved this after sending a Bitcoin transaction at PubKey, a crypto-themed bar in New York ahead of his campaign rally in Long Island.

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