Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

"Yes" shares in the contract are trading at 27 cents, meaning the market sees a 27% chance of it occurring. Each share pays out $1 if the prediction comes true, and zero if not.

But there's one thing that's getting in the way of a wide release of Sora: the availability of high-end graphics processing units . Rendering video from text prompts is going to take a lot of them, more, in fact, than many of the world's largest customers of Nvidia have in their data centers.regarding GPU availability, as mainstream adoption of text-to-video generation would require hundreds of thousands of server-grade GPUs at a cost of tens of billions.

Despite all these memes being valued at over $200 million and occupying massive mindshare in the meme coin community, punters aren’t expecting any of these to become the first billion-dollar cat meme. The apparent bearish sentiment is likely not due to the lack of buying pressure, either. Two dog tokens, bonk , dogwifhat , and the frog-themed pepe , were launched in 2023 and zoomed to over $3 billion each in less than a year, showcasing the demand for such tokens.

The “Solana flips ETH in daily fees in May?” market, which has seen over $60,000 in wagers placed, is a market on whether the daily fees of Solana will surpass that of Ethereum for any day within this market’s time frame from May 10 to May 31.

 

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