BPOI Banner
This Week on Crypto Twitter: Degens Jump on Trump Word Bingo This Week on Crypto Twitter: Degens Jump on Trump Word Bingo

This Week on Crypto Twitter: Degens Jump on Trump Word Bingo

Every few days in crypto brings a new red-hot gambling trend for degens that’s too thrilling to pass up. This week, for whatever reason, that can’t-miss betting opportunity became predicting the exact words and phrases to be uttered by Donald Trump.  

The oddly specific game first whipped up excitement in the build-up to Monday, when the former president sat for a two-hour Twitter Spaces interview with Elon Musk. Perhaps because both public figures loom so large in crypto, some intrepid Polymarket users decided to create a betting pool on what subjects might come up during their conversation. 

Many bettors appeared quite confident that Trump was all but certain to discuss a few buzzwords—MAGA, Tesla, censorship—but hours before the interview kicked off, crypto was one of the top betting options, at 63% odds of being mentioned.

Degens the world over eagerly tuned in to Musk’s Spaces that evening to hang on Trump’s every word during a uniquely high-stakes game of bingo. All in all, Polymarket users waged nearly $5 million on the conversation.

Of course though—in classic Crypto Twitter fashion—the Spaces nearly rugged. It took some 35 minutes for some invisible army of anxious X employees to get it to work.

With the connection eventually sorted, after some two hours of conversation, Trump brought up many topics—but failed to mention crypto a single time. Some degens, safe to say, were crushed.

One of the biggest winners of the night ended up being the word “tampon,” which Trump invoked due to a fixation with a law signed by Kamala Harris’ vice presidential running mate, Tim Walz, regarding feminine hygiene products in Minnesota schools. The word climbed from roughly 7% odds to a massive victory for self-styled “Tampon bros” on Polymarket. 

The “Trump Bingo” fad didn’t stop with the Musk interview, however. Days later, millions of dollars were again gambled attempting to guess what the presidential nominee would say during a Thursday press conference.

This time around, though, degens appeared to have learned a lesson about their own relevance. The odds of “crypto” being mentioned sat at just 16%. 

Again, Trump didn’t mention the industry once. The “tampon bros,” meanwhile, walked away with yet another victory.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

Sander Lutz

https://decrypt.co/245216/this-week-on-crypto-twitter-degens-jump-on-trump-word-bingo

2024-08-18 11:01:03

bitcoin
Bitcoin (BTC) $ 67,750.15 1.41%
ethereum
Ethereum (ETH) $ 2,620.26 0.91%
tether
Tether (USDT) $ 0.999698 0.08%
bnb
BNB (BNB) $ 602.68 1.67%
solana
Solana (SOL) $ 154.80 0.94%
usd-coin
USDC (USDC) $ 0.999687 0.09%
xrp
XRP (XRP) $ 0.549368 1.57%
staked-ether
Lido Staked Ether (STETH) $ 2,619.65 0.91%
dogecoin
Dogecoin (DOGE) $ 0.126618 9.96%
tron
TRON (TRX) $ 0.159959 0.73%
the-open-network
Toncoin (TON) $ 5.25 0.94%
cardano
Cardano (ADA) $ 0.355495 0.11%
avalanche-2
Avalanche (AVAX) $ 28.12 0.35%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 3.66%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,094.62 0.80%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,601.11 1.27%
weth
WETH (WETH) $ 2,619.60 0.92%
bitcoin-cash
Bitcoin Cash (BCH) $ 365.23 3.61%
chainlink
Chainlink (LINK) $ 11.32 0.21%
polkadot
Polkadot (DOT) $ 4.34 1.00%
near
NEAR Protocol (NEAR) $ 5.00 0.42%
dai
Dai (DAI) $ 0.999591 0.06%
sui
Sui (SUI) $ 2.11 4.17%
uniswap
Uniswap (UNI) $ 7.62 2.63%
leo-token
LEO Token (LEO) $ 6.06 0.61%
litecoin
Litecoin (LTC) $ 70.11 0.16%
aptos
Aptos (APT) $ 10.12 3.36%
pepe
Pepe (PEPE) $ 0.000011 3.12%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,751.00 0.86%
bittensor
Bittensor (TAO) $ 586.08 0.89%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.44 0.85%
internet-computer
Internet Computer (ICP) $ 7.96 0.87%
kaspa
Kaspa (KAS) $ 0.131401 1.99%
ethereum-classic
Ethereum Classic (ETC) $ 19.47 0.90%
first-digital-usd
First Digital USD (FDUSD) $ 0.999845 0.11%
monero
Monero (XMR) $ 156.33 1.73%
stellar
Stellar (XLM) $ 0.095174 2.53%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.372019 0.90%
blockstack
Stacks (STX) $ 1.85 3.06%
dogwifcoin
dogwifhat (WIF) $ 2.65 2.80%
immutable-x
Immutable (IMX) $ 1.53 1.17%
okb
OKB (OKB) $ 41.15 0.43%
ethena-usde
Ethena USDe (USDE) $ 0.998925 0.01%
whitebit
WhiteBIT Coin (WBT) $ 16.37 0.19%
aave
Aave (AAVE) $ 157.33 0.36%
filecoin
Filecoin (FIL) $ 3.78 0.36%
optimism
Optimism (OP) $ 1.78 3.68%
render-token
Render (RENDER) $ 5.43 0.24%
crypto-com-chain
Cronos (CRO) $ 0.079023 2.02%
mantle
Mantle (MNT) $ 0.624936 1.00%