SHIB’s price increased 11.31% in the past 24 hours.
Trump’s chances of winning the 2024 US elections surged to 94% on Polymarkets.
Bitcoin made a new all-time high at $75,000.
With counting underway and Trump maintaining a considerable lead over Kamala Harris, Shiba Inu (SHIB) may turn bullish if Republican candidate Donald Trump were to win the 2024 U.S presidential election. SHIB, currently trading at $0.00001927, has already gained 11.31% in the past 24 hours, reflecting increased market interest.
Trump has declared support for the digital asset sector via various speeches during his campaign and the billionaire’s son has also teased decentralized finance (DeFi) projects and tokens in the near future. Being the crypto industry’s preferred candidate for 2024, Shiba Inu could potentially benefit from Trump’s election.
According to the data Polymarkets, the chances of Trump securing a victory in the 2024 US elections stand at a massive 94% while that of soon-to-be former Vice President and Democratic candidate Kamala Harris stand at 5.9%.
Read also: Shiba Inu Has Surged by 33 Million Percent, Outperforming Bitcoin, Says Shytoshi Kusama
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