The probability of a Fed rate cut in December has soared to around 70%, and many prediction market data points are in this range as well. This is probably the most reasonable explanation for $BTC 's rebound!
Monad's token public sale on Coinbase has also ended, raising a total of $269 million, which is 144% oversubscribed. Compared to the previous presale, expectations were not very high, mainly due to recent market conditions and new platform launches.
On Polymarket, the probability of Monad's FDV exceeding $3 billion on the day after launch is now at 60%.
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The probability of a Fed rate cut in December has soared to around 70%, and many prediction market data points are in this range as well. This is probably the most reasonable explanation for $BTC 's rebound!
Monad's token public sale on Coinbase has also ended, raising a total of $269 million, which is 144% oversubscribed. Compared to the previous presale, expectations were not very high, mainly due to recent market conditions and new platform launches.
On Polymarket, the probability of Monad's FDV exceeding $3 billion on the day after launch is now at 60%.