Biden's Odds Of Finishing Term Drop Sharply On Crypto Prediction Market, Coin Themed After President Bleeds 60%
Biden's Odds Of Finishing Term Drop Sharply On Crypto Prediction Market, Coin Themed After President Bleeds 60%
The odds of President Joe Biden finishing his tenure dropped dramatically on a cryptocurrency-based prediction market as the 81-year-old announced withdrawal from the 2024 presidential race.
在基于数字货币的预测市场上，随着这位81岁的总统宣布退出2024年总统竞选，乔·拜登总统任期结束的可能性大大降低。
What Happened: Polymarket, touted as the world's largest prediction market, saw odds of Biden completing the rest of his term dip from 75% to 68% in the last 24 hours.
发生了什么事：Polymarket被誉为世界上最大的预测市场，过去24小时里，拜登完成其任期的可能性从75%下跌到了68%。
The odds were stacked in Biden's favor until June 27, with over 90% chance of finishing the tenure. However, the below-par performance by the incumbent during the debate, caused cryptocurrency bettors to go the other way.
直到6月27日，拜登的成功率一直很高，有90%以上的机会能完成其任期。然而，现任总统在辩论中表现失常，导致数字货币下注者走向其他方向。
Meanwhile, despite Biden's endorsement of Vice President Kamala Harris as the Democratic nominee, the odds of Republican challenger Donald Trump winning the elections remained broadly unchanged in the last 24 hours at 64%.
与此同时，尽管拜登支持副总统卡马拉·哈里斯作为民主党候选人，但共和党挑战者唐纳德·特朗普赢得选举的可能性在过去24小时内保持稳定，为64%。
At the time of writing, Harris' odds of victory stood at 30%.
撰写本文时，哈里斯获胜的可能性为30%。
Launched in 2020, Polymarket is a decentralized prediction market that allows users to bet on major global events using cryptocurrencies. The platform has rapidly emerged as one of the world's top prediction markets for U.S. elections. However, it currently does not allow users based in the U.S. to place trades based on its predictions.
Polymarket成立于2020年，是一个去中心化的预测市场，允许用户使用数字货币押注重大全球事件。该平台已迅速成为美国大选中全球顶级的预测市场之一。然而，它目前不允许位于美国的用户根据其预测进行交易。
Why It Matters: Biden's decision follows weeks of speculation about his health and the capacity to campaign effectively against Trump. A poor performance at the presidential debate brought these concerns to the forefront of political conversation.
为什么它很重要：拜登的决定经过数周的关于他的身体健康和有效地参加选举的能力的猜测之后而来。总统辩论的表现不佳使这些问题成为政治谈话的焦点。
Cryptocurrency bettors have been betting against Biden for quite some time, and even before the formal announcement, the odds of him pulling out of the race soared.
数字货币下注者已经反对拜登有一段时间了，甚至在正式宣布之前，他退出竞选的可能性已经飙升。
Donald Trump's candidacy, to the contrary, has gained support from cryptocurrency enthusiasts due to his newfound interest in the asset class, even positioning himself as the "crypto president."
与此相反，唐纳德·特朗普的候选人身份得到了数字货币爱好者的支持，因为他对这个资产类别产生了新的兴趣，甚至将自己定位为“数字货币总统”。
Price Action: At the time of writing, the coin themed around Joe Biden, JEO BODEN (CRYPTO: BODEN) was trading at $0.008428, following a free fall of 60% in the last 24 hours, according to data from Benzinga Pro.
价格走势：撰写本文时，围绕乔·拜登的代币JEO BODEN（CRYPTO：BODEN）根据Benzinga Pro的数据，在过去24小时里暴跌60%，交易价为0.008428美元。