Opening Twitter is nothing but the same message—Binance Wallet Pre-Access, sold out in under a minute.
Here are the confirmed parameters:
$pPOLY unit price is $15.5, corresponding to an implied valuation of $15.5B?—155 亿 on Polymarket.
Actual sales are about 310,000 tokens, raising 4.8 million U.
Maximum capital to participate is 50 million; distributed pro-rata, the winning rate is roughly 9.6%.
Meanwhile, the wallet also listed POLYMARKET/USD1 perpetuals—pushing the price straight to $28, an 81% premium over the subscription price, implying a valuation of nearly 28B.
But both the trades and depth aren’t high—price comes first, liquidity hasn’t caught up yet.
You have to clearly separate three things here:
$pPOLY is an SPV equity certificate, not an official token.
The perpetual trade is for the “packaged” price. On Predict, people are betting on whether the official token’s FDV can clear $10B after one day of listing—right now it’s only given a 30% chance.
The three pricing tracks are clearly tiered:
Equity subscription: 15.5B (155 亿)
Perpetual order book: 28B
Official token FDV clearing $10B: 30%
These three prices are not looking at the same thing.
What you got is exposure. If you didn’t get in, don’t mix $pPOLY and $POLY into the same asset.
I want to place a bet on Predict and see whether this king/royalty-level project—does $500B really have a chance?
@Predictdotfun @predictdotfun-华语
Here are the confirmed parameters:
$pPOLY unit price is $15.5, corresponding to an implied valuation of $15.5B?—155 亿 on Polymarket.
Actual sales are about 310,000 tokens, raising 4.8 million U.
Maximum capital to participate is 50 million; distributed pro-rata, the winning rate is roughly 9.6%.
Meanwhile, the wallet also listed POLYMARKET/USD1 perpetuals—pushing the price straight to $28, an 81% premium over the subscription price, implying a valuation of nearly 28B.
But both the trades and depth aren’t high—price comes first, liquidity hasn’t caught up yet.
You have to clearly separate three things here:
$pPOLY is an SPV equity certificate, not an official token.
The perpetual trade is for the “packaged” price. On Predict, people are betting on whether the official token’s FDV can clear $10B after one day of listing—right now it’s only given a 30% chance.
The three pricing tracks are clearly tiered:
Equity subscription: 15.5B (155 亿)
Perpetual order book: 28B
Official token FDV clearing $10B: 30%
These three prices are not looking at the same thing.
What you got is exposure. If you didn’t get in, don’t mix $pPOLY and $POLY into the same asset.
I want to place a bet on Predict and see whether this king/royalty-level project—does $500B really have a chance?
@Predictdotfun @predictdotfun-华语
