Gate News Report, March 17 — According to PolyBeats monitoring, on the prediction market Polymarket, a new address (0xd02292ba4a3b0ac9594b74868220f6ebef896461) has continuously invested $22,800 over the past seven hours, betting that “Backpack’s first-day FDV exceeds $300 million.” The current probability of this prediction is 71%. Backpack started with Backpack Wallet, a self-custody wallet, and later expanded to Backpack Exchange, offering spot and derivatives trading services. Currently, Backpack has announced that the TGE will take place on March 23, with the official website indicating that 25% of the total token supply will be released on the TGE day.
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