Polymarket, a crypto prediction market, has resolved its flagship market on the U.S. Presidential election after achieving a staggering $3.64 billion in total volume. Former President Donald Trump is projected to become the next President, as indicated by the market's resolution and corroborated by major news organizations calling the election in his favor. During the election campaign, Trump was often favored, peaking at a 71.5% chance of winning, while his opponent, Kamala Harris, peaked at 54%. This market became an alternative to traditional polling for many media outlets. Despite the closure of the election market, other political markets remain open, with Polymarket estimating a 95% chance for Trump to be inaugurated on January 20, 2025. Concerns loom over reduced market activity post-election, prompting speculation about a potential token launch to bolster funding efforts for Polymarket.

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