Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 66% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
Eigenlayer has a 66% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
Plus: Free money? “Democrat wins New York” contract trades at 90 cents on the dollar.
Göğüs tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors.
The trader had bought the Yes side shares of the now-expired Polymarket-based betting contract “Will BTC hit $50,000 in February?”
The former president has been a considerable driver for related crypto trading volume since 2020, veri shows.
Are prediction markets the future of investigative journalism? Maybe, says Chris Brunet, whose reporting led to Claudine Gay’s resignation – though he’s yet to profit from his scoops.
The popular Polymarket market bet “Bitcoin ETF approved by Jan 15?” has attracted almost $1 million in volume from hundreds of users.
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market.
Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.
Traders will be able to bet on the performance of a basket of DeFi tokens, or of a group of smart contract platforms’ native currencies.