Crypto traders think former first lady Michelle Obama—who is not running nor likely to announce a late bid to return to the White House—has just as good a shot at winning the 2024 U.S. presidential election as declared candidate and crypto proponent Robert F. Kennedy Jr.So far, traders have bet $8 million on That includes Kennedy, who declared his independence from the Democratic Party in October. Garnering $6.7 million in bets on Polymarket, the nephew of former President Kennedy has cozied up to crypto consistently—floating ideas from Traditional political polling tracked by Still, the order book on Polymarket for Kennedy shows over a dozen bets of $25,000 or more hoping that he emerges victorious at the ballot box. Compare that to a handful of bets backing Obama to the tune of $5,000, with $7,500 the largest wager.Obama’s office said in March that a run for office isn’t in the cards for 2024. “As former First Lady Michelle Obama has expressed several times over the years, she will not be running for president,” a director of communications for Obama’s office told The spokesperson indicated that Obama will instead throw her political clout behind Biden and Vice President Kamala Harris. Notably, Harris has also attracted notable bets on Polymarket. With $4.4 million in wagers placed, crypto traders say she has a 1% shot of replacing her boss in November.
