![How-to-Bet-on-Donald-Trump-Presidential-Victory-This-Crypto.png A collection of TRUMP memecoins (DEXTools)](https://cryptotoptrends.com/wp-content/uploads/2024/02/How-to-Bet-on-Donald-Trump-Presidential-Victory-This-Crypto-678x381.png)
During the 2020 election, FTX created a perpetual contract market in a similar fashion to the crypto derivatives markets it was famous for, asking investors to bet on the outcome of the election. Should Trump have won, it would have risen to $1, and when he lost, it fell to $0.
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