NBC News projected that Trump will defeat Vice President Kamala Harris after winning 276 Electoral College Votes, including some key swing states.
"With the crypto markets experiencing low volatility in the lead up to the election as the industry looks to gain clarity on future regulatory conditions, traders are bracing for volatility once results start to come out," said Chris Chung, CEO at Titan, a decentralized exchange aggregator built on the Solana blockchain. "Certain sectors that have buoyed prices, such as the renewed interest in memecoins, may experience major price movements as individual states report election results."