The specific token is split into two parts – TRUMPWIN and TRUMPLOSE, and you can purchase those based on what you your beliefs or preference. While the nature of the next election is very important to the world in general, Poloniex has taken a more frivolous approach to the appointment of the ‘leader of the free world’.
The platform believes that there is an opportunity to capitalise on the elections and drive interest in the two cryptocurrency tokens and its USDT swap offering. However, TRUMPWIN or TRUMPLOSE is pegged to the political longevity of President Trump, which may prove very short if Joe Biden, the main opponent President Trump faces, keeps his lead in the race.
Interestingly, the TRUMPLOSE token seems to have reflected this. As per the latest data, the volume of traded TRUMPWIN and TRUMPLOSE tokens stands at 8,022 and 2,941 USDT respectively, making for a rather overwhelming political forecast.
However, it's important to note that more liberal-minded people tend to use crypto technologies and to jump on the next hot thing, so the crypto community may be stilted in favour of those with more liberal political views as well.
Whether Trump wins or loses, though, there are many opportunities to actually start betting using cryptocurrency. We suggest trying Bitcasino.io, mBit Casino or 7BitCasino. All three operators offer some of the best crypto gaming opportunities around, and will no doubt ramp up their own political betting offerings as the election looms.
Meanwhile, Trump has made few allies within the crypto community, following his approach to Bitcoin legislation, while CryptoSlots' marketing campaign have earned new players and revenue on the back of his infamy.