1 min read
Add as a preferred source on Google

Polymarket Shows 84% Odds of XRP Reaching 1.20 USDT or Lower

The contract tracks thresholds reached during November, and its separate upside and downside outcomes can both occur before Nov. 30.

Mentioned assets
A silver token balances above a descending row of stone ledges. / TokenPost.ai
A silver token balances above a descending row of stone ledges. / TokenPost.ai

At a Nov. 2 snapshot, the Polymarket contract assigned XRP (XRP) an 84% chance of reaching 1.20 USDT or less during November, measuring a monthly threshold rather than the closing price.

At 5:26 p.m. ET Nov. 2 (22:26 UTC), the market also showed a 20% probability for 1.00 USDT or lower and 6% for 0.80 USDT or lower. On the higher side, it displayed 42% for 1.40 USDT or above, 13% for 1.60 or above, 5% for 1.80 or above and 3% for 2.00 or above.

The contract asks which price levels XRP reaches during November. Its outcomes are separate thresholds, so the lower and higher levels can both be reached during the month; the percentages are not estimates of competing month-end prices.

The market lists Binance’s XRP/USDT pair as its resolution reference and Nov. 30 as its end date. It showed $73,403 in total volume at the time of the snapshot. The probabilities reflect market prices and may change as trading continues.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…