Elon Musk shouted himself hoarse for Trump, and the concept stock PHUN surged 400% in one month
In the opinion poll, Trump is trailing Harris by 1.7%; while in the betting market, Trump is leading by a wide margin of 18.2%
The U.S. presidential election has entered a fierce competition stage. On the blockchain betting platform Polymarket, there have been over $2.3 billion in bets, with 64.1% betting on Trump's victory.
Public Opinion Polls:
Harris is slightly ahead, but the gap with Trump is gradually narrowing:
Betting Market:
Trump is far ahead, and the gap is widening:
On October 11th, Option Master published an article "Trump Leads in Betting Markets! DJT Soars 17% Overnight, Options Surge 300%" stating:
In public opinion polls, the gap between Trump and Harris is gradually narrowing, while in the betting market, Trump is far ahead.
From October 11th to present, DJT has risen by 42%, and PHUN has risen by 290%.
It is understood that the relationship between PHUN and Trump is mainly due to its involvement in developing and managing the app for Trump's 2020 campaign. PHUN's platform is used to support the Trump-Pence campaign team's digital strategy, including voter engagement, content distribution, and communication.
Musk Voices Support for Trump:
Musk has stated that the betting market is more indicative.
In addition to continuously campaigning for Trump, he also spent a huge amount: on October 19th, Musk announced that he would randomly give $1 million to a Pennsylvania voter who signs the "American Political Action Committee" (America PAC) petition every day until Election Day (November 5th).
Performance of Trump Concept Stocks:
DJT and PHUN have continued to soar recently, with cumulative gains of nearly 200% and 400% from the bottom.
List of Trump concept stocks:
Risk Warning:
Trump concept stocks, which fluctuate sharply with Trump's hot events, are highly speculative. Please be aware of the volatility risk