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.
在基於數字貨幣的預測市場上，隨着這位81歲的總統宣佈退出2024年總統競選，喬·拜登總統任期結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.
發生了什麼事：Polymarket被譽爲世界上最大的預測市場，過去24小時裏，拜登完成其任期的可能性從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%以上的機會能完成其任期。然而，現任總統在辯論中表現失常，導致數字貨幣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%.
與此同時，儘管拜登支持副總統卡馬拉·哈里斯作爲民主黨候選人，但共和黨挑戰者唐納德·特朗普贏得選舉的可能性在過去24小時內保持穩定，爲64%。
At the time of writing, Harris' odds of victory stood at 30%.
撰寫本文時，哈里斯獲勝的可能性爲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成立於2020年，是一個去中心化的預測市場，允許用戶使用數字貨幣押注重大全球事件。該平台已迅速成爲美國大選中全球頂級的預測市場之一。然而，它目前不允許位於美國的用戶根據其預測進行交易。
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.
爲什麼它很重要：拜登的決定經過數週的關於他的身體健康和有效地參加選舉的能力的猜測之後而來。總統辯論的表現不佳使這些問題成爲政治談話的焦點。
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.
數字貨幣下注者已經反對拜登有一段時間了，甚至在正式宣佈之前，他退出競選的可能性已經飆升。
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."
與此相反，唐納德·特朗普的候選人身份得到了數字貨幣愛好者的支持，因爲他對這個資產類別產生了新的興趣，甚至將自己定位爲“數字貨幣總統”。
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.
價格走勢：撰寫本文時，圍繞喬·拜登的代幣JEO BODEN（CRYPTO：BODEN）根據Benzinga Pro的數據，在過去24小時裏暴跌60%，交易價爲0.008428美元。