Mamdani emerges victorious in NYC mayoral election: Insights from the crypto prediction markets

Mamdani won the NYC mayoral election with just over half the votes, defeating Andrew Cuomo’s 40%. This victory is notable as it marks the first win for a Muslim candidate in NYC.

Before the election, prediction markets such as Polymarket showed a 92% consensus for Mamdani’s success, indicating strong confidence in his campaign backed by progressive groups.

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