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Market News

Trump Leads Harris by 12% Post-Rally with Elon Musk

Written By:
Iyiola Adrian

Reviewed By:
Jahnu Jagtap

Last updated: October 8, 2024 1:49 AM
Published 2024-10-07
Share
Last updated: October 8, 2024 1:49 AM
Published 2024-10-07
Trump Leads Harris by 12% Post-Rally with Elon Musk

Former President Donald J. Trump has surged to a 12% lead over Kamala Harris following the recent Oct. 5 rally in Butler, Pennsylvania, where he was joined onstage by Elon Musk, the billionaire head of Tesla and SpaceX. 

The competition between Trump and Harris had been going neck to neck for almost a month since their debate. However, Trump currently has a 56% chance of winning the election with voters’ support of $340,102,006, while Harris stands at 44% with $270,635,307 worth of votes

Polymarket's Twitt
Source: X

The rally was held at the same venue where Trump narrowly escaped an assassination attempt on July 13.

According to a previous report, Elon Musk stepped onto the stage to a roaring crowd, lifting his arms and energetically jumping in the air, which drew cheers from the audience. He wore a black MAGA cap and proclaimed, “As you can see, I’m not just MAGA, I’m dark MAGA,”

This endorsement from Musk started shortly after the assassination attempt. During the rally, Trump said that his experience from the attack “did not break our spirit”.

Harris is currently ahead of Trump in several polls, including one in Pennsylvania, where the margin is just 0.6 points. However, Musk’s appearance at the rally seems to have changed the dynamics in favor of Trump.

In addition, MAGA token also favoured from the endorsement. The token saw a 20% surge on the day of the rally to $3.4. Right now, the token is trading at $4.62, a 63% increase since the rally with a market cap of $203k.

Also Read: Dan Gallagher Considered for Next SEC Chair if Trump Wins

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Donald TrumpElon Musk
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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
Follow:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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