A new account deposits $5,000 from a certain CEX and, on the day after Predict.fun's launch, the FDV surpasses multiple valuation thresholds.

CAKE-0,92%

Gate News: On March 10, a new account funded from a certain CEX placed bets on the prediction market Polymarket, targeting Predict.fun FDV-related markets, with a total investment of $5,000. Among them, the account invested $2,100 in the “FDV > 300M” option, with an opening average price of 48¢, and the current probability for this option is 48%. Previously, Predict.fun officially announced the strategic acquisition of the on-chain prediction platform Probable, incubated by PancakeSwap and YZi Labs. CZ publicly expressed support for this acquisition. Currently, Predict.fun has launched a joint points program with Probable on the X platform, converting Probable points to Predict points at a 1:2 ratio, and offering double fee rebates to attract liquidity. Account address: 0x5a38292feb4372b2cbfcdb9a5b18c0bcef180470.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Kalshi Launches Parental Portal and AI Verification to Combat Underage Misuse of Prediction Market

Kalshi is introducing a parental portal for identity verification and selfie authentication to prevent minors from bypassing age restrictions. This follows scrutiny over its compliance with prediction market regulations amid ongoing lawsuits.

GateNews12h ago

Prediction Market Trading Volume Expected to Exceed $1 Trillion by 2030, Bernstein Report Highlights

Bernstein's report forecasts prediction market trading volume will surge from $51 billion in 2025 to $1 trillion by 2030, driven by regulatory clarity, blockchain support, and mainstream integration. Industry revenue is expected to rise from $400 million to $10.8 billion, with retail brokerages gaining a competitive edge.

GateNews23h ago

Trader with 100% Win Rate Bets $12.3K That MicroStrategy Will Hold Over 1M BTC by Year-End

A trader known as epsteinfiles has placed a $12,300 bet with Lookonchain, predicting that MicroStrategy will hold over 1 million BTC by December 31, 2026, with a flawless track record in past bets.

GateNews04-15 03:33

Encourage innovation! U.S. judges ban Arizona from regulating prediction markets, pausing the prosecution of Kalshi

A U.S. federal district court ruled that Arizona is barred from bringing charges against prediction market platform Kalshi under gambling laws, finding that the Federal Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in regulating financial markets. Kalshi, meanwhile, insists that its business falls under financial products rather than traditional gambling. Rulings by different states on prediction markets have varied, and the Trump family has also voiced support for prediction markets.

CryptoCity04-15 02:43

21Shares 更新 Hyperliquid ETF 申請,揭露 THYP 代碼

21Shares updates its Hyperliquid ETF filing, confirming the stock ticker THYP, which is seen as an adjustment in response to SEC comments. This move increases the likelihood of the ETF being listed. Compared with Bitwise’s HYPE ETF, the latter has already announced a 0.67% management fee, one of the highest in the market. The Hyperliquid platform’s strong fundamentals attract attention, but given the uncertainty around inflows of meme-coin ETF funds, market demand still needs to be watched.

MarketWhisper04-15 02:32

Major CEX Partners with High Roller Technologies to Enter Prediction Market Space

A major centralized exchange has partnered with High Roller Technologies to provide prediction market services in the U.S. Analysts project significant growth in this sector, although it faces regulatory challenges.

GateNews04-15 00:31
Comment
0/400
No comments