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Chances of RFK Jr. Dropping Out Increase as August 23 Speech Approaches

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The future of Robert F. Kennedy Jr.’s 2024 presidential campaign is under intense speculation as the crypto betting platform Polymarket sees a surge in bets predicting his exit from the race. This surge comes ahead of Kennedy’s upcoming address to the nation on August 23, where he is expected to discuss the “present historical moment and his path forward.”

Rumors have been swirling that Kennedy may announce the end of his independent bid for the presidency during this speech. His running mate, Nicole Shanahan, hinted in a recent interview that the campaign could conclude and potentially align with Republican nominee Donald Trump under a “unity party.”

The odds on Polymarket predicting Kennedy’s withdrawal before November have skyrocketed from 51% to 96%, with the likelihood of him dropping out before September jumping from 8% to 88%. Additionally, there is a new betting option on whether Kennedy will endorse Trump during his live address, with the odds for this scenario currently at 84%.

Kennedy, who started his campaign as a Democrat before switching to an Independent bid, has been critical of both President Joe Biden and Donald Trump. He has made digital assets a key part of his campaign, advocating against a central bank digital currency (CBDC) in the US and proposing to back the US dollar with Bitcoin.

As the anticipation builds for Kennedy’s August 23 announcement, all eyes are on how this could potentially impact the 2024 presidential race. Stay tuned for more updates on this developing story.

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