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RFK Jr.’s campaign may drop out to support Trump, says fellow candidate Nicole Shanahan

Key recommendations

  • Kennedy’s campaign is weighing a possible Trump endorsement to avoid splitting the vote.
  • Trump emerged as a pro-crypto candidate, promising to support the industry.

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The campaign of pro-crypto presidential candidate Robert F. Kennedy Jr. is considering dropping his candidacy and joining forces with Donald Trump, Kennedy’s running mate Nicole Shanahan said on Tom Bilyeu’s Impact Theory podcast. Shanahan’s remarks were first shared by Collin Rugg, co-owner of Trending Politics.

Dropping out of the electoral race is only one of two possible outcomes. Shanahan said the Kennedy campaign is also considering pursuing their third bid, but it comes with the risk of splitting votes with Trump, which could benefit Kamala Harris’ campaign.

“There are two options that we’re currently looking at and one is to stay and form that new party, but we risk a Kamala Harris and Waltz presidency because we’re drawing votes from Trump,” Shanahan said.

“Or we leave right now and join forces with Donald Trump,” she noted, adding that it would not be an easy decision and they would have to justify it to their supporters.

According to Politico, Kennedy’s campaign is struggling financially, with $3.9 million in cash and $3.5 million in debt as of July 2024. Despite efforts to boost fundraising, campaign spending exceeded constantly his income.

If Kennedy’s campaign team chooses to partner with Trump’s team, that could create a powerful narrative in the 2024 election, as both figures have taken a pro-crypto stance.

Trump has positioned himself as a pro-crypto candidate, pledging to keep all Bitcoin held by the US government and ease regulatory pressures on the crypto industry.

Harris’ position on crypto is unclear, though reports indicate her campaign team has been working to reconnect with the industry in recent weeks.

Despite crypto’s growing popularity, its potential impact on voting behavior remains uncertain. Voters often make decisions strongly influenced by key issues such as economic conditions.

Harris has recently faced criticism for her new economic proposals, with figures such as former Obama economist Jason Furman questioning the practicality and sensitivity of her plans.

Following her speech on these proposals, Harris’s chances of winning the election fell to 49% on the decentralized prediction market Polymarket, while Trump’s chances saw a corresponding increase to 49%.

Source: Polymarket

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