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Did Trump mention BTC and shitcoin in his inauguration speech? Polymarket gamblers bet nearly $2 million.
With six days until the highly anticipated U.S. Presidential Inauguration Day, Trump's every word and action at the inauguration ceremony is sure to spark a lot of discussion. The on-chain prediction market platform Polymarket has taken advantage of this opportunity to launch a betting topic on whether he will mention 'Crypto Assets' in his inaugural speech. Currently, the amount wagered has reached nearly 2 million dollars.
The Trump speech betting market is open, will it discuss Bitcoin or Dogecoin?
Polymarket has set up a betting pool on whether Trump will mention cryptocurrency in his inaugural speech on 1/20, with current bets nearing $2 million:
About 630,000 US dollars bet on whether Trump will mention Bitcoin or Crypto, with a 20% chance.
About $320,000 bet that he will mention Dogecoin or Doge, with a 12% probability.
Biden and Musk have also become betting targets
Not only cryptocurrency, even the current President of the United States, Biden, and Trump's powerful assistant and Tesla CEO Musk have become the targets of gamblers. Although the betting amounts of the two are far lower than cryptocurrency and bitcoin, they are $44,000 and $16,000 respectively, but the probability mentioned by Trump is higher than cryptocurrency and bitcoin, and Biden has a probability as high as 92%.
The Trump speech betting frenzy is not new.
The betting game on Trump's remarks has long been a popular play at Polymarket. During last year's presidential election, gamblers speculated on whether Trump would "smoke marijuana" on a podcast, whether campaign rallies and the second presidential debate would mention "abortion, Musk, border czar", and even the content of conversations with Musk were subject to various predictions.
Bitcoin and Dogecoin prices continue to fluctuate
During the betting frenzy, the prices of Bitcoin and Dogecoin have also been fluctuating. As of the deadline, the price of Bitcoin was $94,938 and Dogecoin was $0.34.
Polymarket heat is decreasing, but still attracting high stakes
Although Polymarket's trading volume reached $1.93 billion in December last year, a decrease of 26.6% from November, the trading volume in the betting market for Trump's inauguration speech remains impressive. Once again, it shows that the combination of cryptocurrency and politics continues to attract investors. The global investment community is still focused on Trump's inauguration speech on 1/20, to see if he will mention 'Bitcoin' or 'Dogecoin'.
Does this article mention Bitcoin and Dogecoin in Trump's inauguration speech? Polymarket gamblers bet nearly 2 million dollars. It first appeared on ChainNews ABMedia.