‘Market knows something’: Meteora’s odds climb to 28% on Polymarket
The crypto community is anticipating a major investigation by on-chain investigator ZachXBT, set to be released on February 26, which is expected to expose insider trading at a major crypto business. In response, prediction market Polymarket has seen significant betting activity on which entity will be implicated. Initially, Meteora was the top suspect with 53% odds, but its probability has since to 28%, despite its central role in Solana's DeFi during the memecoin boom. Other contenders include Pump.fun (12%), Axiom (11%), MEXC, and Jupiter (both around 11-14%). Interestingly, Meteora's token price rose 7.44% despite the increased scrutiny, while Pump.fun's fell. The situation highlights market uncertainty ahead of ZachXBT's evidence-based reveal, reminiscent of his previous exposure of a $282 million hack in January.
ambcrypto02/25 14:02
