US President Joe Biden resigned from the upcoming November 2024 Presidential Election on July 21 and immediately endorsed Vice President Kamala Harris’s candidature.
Biden said:
“I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best decision I’ve made. Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year.”
Biden’s move was entirely not surprising as he had been facing increasing pressure to drop out over the past few weeks after his disastrous showing at the debate against former US President Donald Trump.
Crypto platform Polymarket was praised by many, including Ethereumm’s Vitalik Buterin, for its ability to predict Biden’s move ahead of time.
“Really impressive showing from [Polymarket]. Not just predicting the outcome
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