The race for the GOP nomination is down to Donald Trump and Nikki Haley for the 2024 presidential election.
Trump has won the first two states and is showing no signs of slowing down, but Haley remains committed to continuing her push in the race. Here’s a look at the latest.
What Happened: Trump won the Iowa caucus in convincing fashion and went on to win the New Hampshire primary, securing the first two states on the 2024 election campaign trail.
The New Hampshire primary saw Trump get 54.4% of the vote and secure 12 delegates and Haley get 43.3% of the vote and secure 9 delegates. The earlier Iowa caucus saw Trump get 51% of the vote and earn 20 delegates. Haley placed third in Iowa with 19.1 of the vote and eight delegates.
The dominance by Trump in Iowa saw Ron DeSantis and Vivek Ramaswamy, who finished second and fourth respectively, drop out of the race and endorse Trump.
Haley is refusing to quit, telling an audience in New Hampshire.
“This race is far from over. There are dozens of states left to go, and the next one is my sweet state of South Carolina,” Haley said.
Crypto bettors are making wagers on whether Haley will stay in the race for the next month ahead of the South Carolina primary on Feb. 24, which could be the key point in Haley gaining momentum or Trump putting an end to her campaign.
Calling itself the world’s largest prediction market, Polymarket offers betting on items in categories such as politics, Middle East, sports, cryptocurrency, pop culture and business. On Polymarket, users deposit to Polygon (CRYPTO: MATIC) using USDC (CRYPTO: USDC) and can deposit with Ethereum (CRYPTO: ETH).
The platform, which cashes out winning wagers at $1 offers betting on whether Haley will drop out of the race before the South Carolina primary.
The betting market has $62,000 wagered and currently lists yes at 43 cents and no at 59 cents, implying odds of around 42% that Haley drops out before the South Carolina primary.
Related Link: 2024 Win For President Joe Biden Or Donald Trump Would Be ‘Threatening’ For Markets, Ray Dalio Says
What’s Next: With Trump’s early lead, several people have been calling for Haley to drop out of the race. Billionaire Andy Sabin, who is a Haley donor, told Fox Business that he thinks the candidate staying in the race could hurt her chances in the…
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