Polymarket predicts Trump's inauguration speech to shout Bitcoin and DOGE! Is the probability high?

After Trump won the election, market expectations for his cryptocurrency policy have increased significantly, and Bitcoin prices have soared. Many crypto investors look forward to more favorable policies after Trump takes office.

Polymarket predicts that Trump's inauguration speech will mention Bitcoin

Trump will deliver his inauguration speech on the 20th, attracting much attention from cryptocurrency investors. Polymarket, a decentralized prediction platform, even launched a prediction project that "Trump mentioned Bitcoin and Dogecoin in his inaugural speech."

Polymarket data shows that the probability of "Trump's inauguration speech mentioning Bitcoin or cryptocurrency" is 21%, and the probability of "mentioned Doge or Doge" is 11%. The transaction volumes of these two forecast projects were as high as US$645,000 and US$329,000, respectively, ranking among the top two in the transaction volume in this category.

Trump's recent appointment of Elon Musk as head of government efficiency may be the reason why "Doge" appears in the forecast market, but it is not clear whether the definition of "Doge" includes reference to government efficiency departments.

In addition, users predict that Trump will mention words such as "Kamala", "Biden", "Elon Musk", "McDonald's" in his speech.

Trump's eldest son serves as Kalshi's strategic advisor to the forecast market

Polymarket became famous during the election and also increased the market's attention to the forecast market. Recently, Trump's eldest son Donald Trump Jr. announced that he will serve as a strategic adviser to Kalshi in the forecast market. He said on Twitter that on election night, Kalshi predicted the victory results earlier than biased media, which impressed him and decided to join the Kalshi team to jointly promote the development of the legal prediction market in the United States. He also joked that now it can be predicted whether Biden will pardon Fauci and Liz Cheney.

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