Myriad Moves: Will SharpLink Buy More Ethereum? And PUMP vs Fartcoin, Who Wins?

What do Solana tokens PENGU, FARTCOIN, and PUMP all have in widespread? 

They’re all featured in among the hottest prediction markets on Myriad Markets this week, the place predictors can put their information to the take a look at about their future costs and efficiency in comparison with different tokens. 

However that’s not all. Myriad customers may make predictions about popular culture, crypto, and extra, with markets accessible throughout Ethereum networks Abstract and Linea.

Beneath, you’ll discover among the markets getting probably the most buzz from predictors this week. 

(Disclaimer: Myriad Markets is a product of Decyrpt’s guardian firm, DASTAN).

SharpLink Gaming to announce ETH holdings above 440K ETH by July 29?

Market Open: July 22
Market Shut: July 28
Quantity: $1K

Minnesota-based playing marketer turned Ethereum treasury firm SharpLink Gaming has been stacking the second-largest crypto asset by market cap of late, accumulating greater than 360,000 ETH valued at $1.3 billion as of Tuesday. 

The agency joins a rising checklist of publicly traded corporations—like BitMine Immersion Applied sciences and Bit Digital—which might be rapidly rising Ethereum treasuries, borrowing from the playbook created by Michael Saylor’s Strategy because it stacks billions of {dollars}’ price of Bitcoin.

Now predictors on Myriad are being requested whether or not SharpLink Gaming’s subsequent weekly announcement will push the firm’s treasury beyond 440,000 ETH, or greater than $1.6 billion price on the present worth. 

So far, predictors on Myriad Protocol’s Beta market on Linea are leaning in opposition to an addition of greater than 80,000 ETH if an announcement is made subsequent week, with odds standing at 66% for “No”—a 13% acquire within the final 24 hours.

These odds stand amid the agency’s acknowledged intentions that it’s going to aggressively purchase ETH, together with a latest announcement that it’s going to boost an initial $1 billion raise to as much as $6 billion to make purchases for its rising treasury. 

What’s Subsequent? If an Ethereum buy is made by SharpLink Gaming this week, then it’s anticipated to be introduced on Tuesday, July 29.

PUMP vs. Fartcoin: Which can have the bigger market cap at mid-August?

Market Open: July 23
Market Shut: August 13
Quantity: $1.92K

Solana token launchpad Pump.fun’s official PUMP token launch this month was one of many largest on-chain occasions of the yr. 

The extremely anticipated launch, coupled with per week of serious worth volatility, has now led to a Myriad market that asks customers which token market cap will be higher in mid-August, PUMP or Fartcoin (FARTCOIN)—a token that was launched by way of Pump.enjoyable. 

As of Thursday afternoon, predictors on Myriad give FARTCOIN a 63% likelihood of getting the upper market cap by the deadline, possible as a result of token’s almost $400 million market cap benefit per knowledge from CoinGecko. 

FARTCOIN sits round $1.4 billion on the time of writing, in comparison with simply greater than a $1 billion market cap for PUMP—which has now dropped almost 48% within the week since its ICO. To drag even with FARTCOIN, PUMP would wish to leap round 38%—maybe too tall of a job given its 24% decline within the final 24 hours. 

What’s Subsequent? Particulars stay unclear about PUMP’s eventual airdrop, which might present readability on the token’s future. 

PENGU above $2.5 billion market cap by finish of July?

Market Open: July 18
Market Shut: July 31
Quantity: $65.7K

One in all Myriad’s most-traded markets asks predictors whether or not or not PENGU, the tradition token of the Pudgy Penguins ecosystem, will maintain a market cap above $2.5 billion on the finish of July. 

The Solana-based token launched in December 2024, however was topic to a substantial sell-off till the final month—throughout which it has risen almost 300%, in line with CoinGecko, making it one of many best-performing crypto tokens in that point. 

In its cost as much as changing into the fifty fifth largest crypto token by market capitalization, PENGU sits just below a $2.5 billion market cap, needing solely a 0.56% acquire to match the quantity anchoring this market. 

With one week remaining and the token sitting proper on the road, predictors just like the token’s possibilities, giving it round 59% odds of eclipsing $2.5 billion on the finish of July. These odds are up about 10% this week because the token climbed an additional 34% in worth.

Lower than one week in the past, odds of “Sure” have been as little as 21% because the token hung round $0.03. Now it’s as much as nearly $0.04.

What’s Subsequent? This market will shut 4 hours earlier than July concludes in EST.