Crypto Bettors of Polymarket, the world’s largest forecast market platform, bets more than $400,000 on forecasts that Ukrainian President Volodymyr Zelenskyy will take office by July.
At the time of writing, polymakebetters predict that there is a 26% chance that Zelensky will depart early.
On Friday, Zelensky visited the White House for a meeting between President Donald Trump and Vice President JD Vance about the ongoing war in Ukraine. However, the meeting ended without agreement as President Trump accused Zelensky of showing little gratitude to the United States.
“You see the hatred he has for Putin,” Trump said. “It’s very difficult for me to trade with such hatred.”
Zelenskyy was accused of not “thank you” for helping us in the three years of war.
“You don’t have a card right now,” he said. “You either make a deal or we go out and if we go out, you’ll fight it, and I wouldn’t think it would be clean.”
Meanwhile, the $21 million dollar-plus crypto bet has been spent in the question of whether Trump will end the war in Ukraine in the first three months.
According to Crypto Bettors on the Polymarket platform, the likelihood is just 23%. After a Friday meeting at Oval Office, one polymake user wrote:
Previously, the platform had similar bets on former President Joe Biden, who dropped out of the 2024 presidential contest. Crypto-prediction platforms face criticism, but have accurately predicted Biden’s unexpected exit.
“The forecast market gives people economic motivation to conduct in-depth research and make a reasonable analysis before placing a bet, and for this economic motivation, they provide a much higher level of accuracy than traditional votes.”
Without further promises of US military support, Ukraine is currently collecting a crypto tax of up to 10% to support Ukraine’s economy amid the ongoing war with Russia.