The world of predictions is booming, and the ability to play on markets, politics, and pop culture is attracting more and more crypto enthusiasts. Platforms like Myriad allow users to truly follow time-sensitive, community-driven indicators of what’s coming next, and turn their knowledge into profit. What are the hottest topics on Myriad this week? Let’s take a look at some of the most interesting and current markets.
Market opening: May 8
Market closes: May 10
Volume: $4.1K
A tense flash market on Myriad is asking participants if the price of Dogecoin (DOGE) will remain above $20.00 on Saturday around 0,19pm ET. At the time of writing, prognosticators are giving it a 52% chance. The crypto markets are seeing a rally, with Bitcoin which this week returned to $100,000, its highest value since February.
DOGE, the popular meme coin, rose 24% over the past 11.6 hours to $0,191, putting it back near the market boundary. DOGE’s performance is in line with other meme coins, which have risen 13% over the same period. Will Bitcoin’s strength push the rest of the risk markets higher? Or will Bitcoin’s growing dominance, which hit a four-year high last week, continue as major players and US states seek access to the top crypto?
Not everyone is convinced of this rise. Macro trader Raoul Pal does not think so. “I think the dominance of BTC today,” he tweeted. He sees this as a harbinger of a new phase of price increases, which he calls the “Banana Zone” – a term for sudden, steep price increases.
DOGE has been at work again this week, last closing above $25 on April 0,19th and dropping as low as $0,165 earlier this week before staging a thrilling comeback. With the FOMC meeting behind us, there are no major economic events scheduled to close this market. But beware: President Trump’s social media posts could surprise you this weekend.
Market opening: April 21
Market closes: May 8
Volume: $40K
Papal markets took a dramatic turn on Wednesday morning when news emerged that white smoke was billowing from the Sistine Chapel – a sign that the cardinals had chosen a new pope. Votes were cast in secret for the first time, but despite some previously announced black smoke signals, there was new life in the prospect of a successful vote.
Expectations fluctuate wildly: earlier morning odds gave Pietro Parolin a 27% chance and Luis Antonio Tagle a 23% chance. But after the white smoke, Parolin shot up to 67%, while “others” and Tagle dropped to 17% and 15% respectively. Surprisingly, it was not Parolin or Tagle who emerged from the window of St. Peter’s Basilica, but the American Robert Prevost. The odds for “others” candidates rose from 16% to an astonishing 100% in a short time, which for many forecasters meant a spectacular gain.
Market opening: April 14
Closes: June 19 or earlier
Volume: $13.8K
The most turbulent forecast involves the tension of the NBA playoffs, where games constantly shift the odds for the championship. The Boston Celtics and Oklahoma City Thunder, the two leading contenders for the title, blew key leads midway through the fourth quarters last week.
This has led to a drop in predictions for the reigning NBA champions, which has dropped from a 39% chance to 22.4%. The Thunder, who came out on top in their second game, rebounded to 40.6%, meaning the odds on Myriad and the sportsbooks are only slightly off. The Celtics have one more game this week, which could skew the odds even further.
What’s next? This weekend, the Celtics host the New York Knicks and the Thunder take on the Denver Nuggets—and each of those games could cause new market shifts.
What are the chances of Dogecoin closing above $0,19?
The current probability of Dogecoin closing above $0,19 is 52% according to the latest predictions.
Who is the new Pope, according to the predictions?
The predictions predicted that Pietro Parolin had a great chance, but in the end it was Robert Prevost.
What can we expect from the NBA Championships?
The Boston Celtics and Oklahoma City Thunder remain the top contenders, but their odds fluctuate with each game this week.