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CryptoIntelligence 2024-07-31 17:56:00

Polymarket Surpasses $1 Billion in Trading Volume, Driven by U.S. Election Betting Surge

Polymarket, a prominent crypto betting platform, has exceeded $1 billion in trading volume, with a notable surge in activity over the past month. According to Dune Analytics, Polymarket saw $343 million in betting volume by July 30, up from $111 million in June and $63 million in May. The primary driver behind this spike in activity has been intense speculation surrounding the upcoming United States presidential election. As of now, over $429 million has been wagered on the outcome of the election set for November 4. Former President Donald Trump maintains a strong lead with 60% odds, while Vice President

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