Backpack FDV above $5B one day after launch?

Market predicts Backpack FDV will not exceed $5B post-launch.

The prediction market indicates a strong belief that Backpack's fully diluted valuation (FDV) will remain below $5 billion one day after its launch, with a high probability of 99.2% for the NO outcome. The AI probability also supports this sentiment, suggesting a consensus that the market is fairly priced with a confidence level of 60 out of 100.

• 1 Current market sentiment leans heavily towards a NO outcome.
• 2 High probability suggests limited confidence in Backpack's valuation exceeding $5B.
• 3 Historical data may indicate similar outcomes for new crypto launches.
• 4 Liquidity in the market appears stable, supporting current pricing.
• 5 Time until expiry allows for potential market shifts based on news.

This market will resolve to "Yes" if the Fully Diluted Valuation of Backpack's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No."

The token must be actively, publicly transferable and tradable to be considered a launch.

"1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Backpack (https://x.com/Backpack) doesn't launch a token by December 31, 2026, 11:59 PM ET, this market will resolve to "No".