Nate Silver: Donald Trump’s Election Odds Pump Could Be Noise, But Republicans ‘Project Confidence’ In Trump Era, Democrats ‘Project Anxiety’
Posted On October 8, 2024
The sudden spike in Donald Trump‘s chances on Polymarket to win the presidential election has prompted speculation beyond the cryptocurrency community, with some suggesting parallels to Elon Musk‘s involvement in Dogecoin (CRYPTO: DOGE).
What Happened: Nate Silver, renowned statistician and founder of FiveThirtyEight, offered insights into the recent surge on Polymarket, where Trump’s chances have risen to 52.6%, compared to Kamala Harris’s 46.7%.
Silver attributes this shift to what he calls the “doldrums” of the presidential campaign, a period of relative calm between major events. He notes, “Sometimes market sentiment has a mind of its own, and that can …