Polymarket successfully predicted that Trump would be elected President of the United States, outperforming many traditional prediction methods last year. Trump's every word and action at the presidential inauguration ceremony also became the focus of the community. After statistical analysis, it was found that Polymarket's prediction of Trump's speech content had a success rate of up to 74%. On the other hand, although many crypto communities believed that Trump would mention Bit or even his meme coin, just like the US election, crypto was not a major issue.
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TogglePolymarket predicted with 74% accuracy
The author summarized Polymarket's predictions for Trump's inauguration speech, and the following are a few predictions related to the crypto world and technology:
- Mention Crypto/$BTC, expected 40%, result: No
- Mention $Doge/Dogecoin, expected 13%, result: No
- Mention Elon Musk, expected 40%, result: No
- Mention AI/Artificial Intelligence, expected 55%, result: No
- Mention Tiktok, expected 19%, result: No
Overall, 17 out of 23 predictions were successful, with an accuracy rate of about 74%. Taking a simple 50% as the benchmark based on the pre-speech odds. The prediction data for the Mandate fluctuated too frequently, so it was not included in the statistics.
Many in the crypto community were watching the live broadcast, eagerly hoping that Trump's inauguration speech would bring some blessings to the crypto world. On the Polymarket platform, which is mainly focused on crypto, about 40% still predicted that Trump would mention Crypto or Bit. However, just like the US election, although Trump is crypto-friendly, crypto is still a minor issue compared to national issues, and Trump did not mention related topics in his inauguration speech. Another prediction was whether Trump would mention his own meme coin, and the answer was clearly negative.
Polymarket predicted only 28% chance of signing crypto executive order in first week
Let's take a look at the current platform's predictions about Trump's behavior after the inauguration speech.
- Will Trump establish a Bit reserve within his first 100 days? Expected: 34%.
- How many executive orders will Trump sign in the first week? 62% chose 25-49.
- Will Trump's children launch a token by Friday? Only 8% think so.
- Additionally, the much-anticipated Trump signing a crypto executive order in the first week had only a 28% chance of happening.
Risk Warning
Crypto investment is highly risky, and its price may fluctuate violently, and you may lose your entire principal. Please carefully evaluate the risks.