TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 22, 5:00 PM EST
Kalshi
This event determines which price range Shiba Inu (SHIB) will fall within on June 22, 2026 at 5pm EDT. The market divides the price spectrum into narrow bands appropriate for SHIB's typically low per-token valuation.
Resolution is determined by the simple average of the CF Benchmarks' Shiba Inu-Dollar Spot Rate (SHIBUSD_RTI) calculated from 60 seconds of price data collected before 5 PM EDT on June 22, 2026. Each outcome represents a specific price range, and exactly one outcome will resolve to Yes based on where the averaged price falls. The price must meet the criterion at exactly the specified time on the target date. If no data is available or incomplete at the expiration time, affected outcomes resolve to No. The CF Benchmarks Real-Time Index provides continuous pricing data for major cryptocurrencies.
Prediction market odds reflect aggregate trader belief about future SHIB price levels and often diverge from current spot prices because they incorporate forward-looking sentiment and uncertainty. While spot markets price the asset today, this market prices where traders collectively expect SHIB to settle at a specific future moment. Comparing the implied price ranges in this market to analyst forecasts or on-chain sentiment can reveal whether traders are pricing in bullish catalysts, regulatory headwinds, or broader crypto market dynamics. These odds shift as new information becomes available, making them a useful barometer of market expectations relative to static price targets.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different SHIB price ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders submit limit and market orders to express their views, and the platform matches buyers and sellers in real time. Each price range has its own contract, and the cost of a share reflects the probability traders assign to that outcome. As new trades execute, prices adjust dynamically to reflect shifting market sentiment. This mechanism ensures transparent, efficient price discovery throughout the trading period.
This market resolves around Jun 22, 2026, at which point the outcome is determined by verifying the actual SHIB price against credible public sources. Traders holding shares in the correct price range at settlement receive their payout, while incorrect positions expire worthless. The resolution process is automated once the reference data is confirmed, ensuring all participants are treated fairly and consistently. Until that moment, this market remains open for trading, allowing participants to adjust positions as new information emerges.
Major catalysts for this market include regulatory announcements affecting meme coins, shifts in broader crypto market sentiment, Bitcoin and Ethereum price movements, and any significant developments within the Shiba Inu ecosystem itself. Macroeconomic events, Federal Reserve policy changes, and sentiment swings in retail crypto communities can also drive SHIB price expectations. Social media trends and celebrity or influencer commentary have historically moved meme coin prices sharply. Additionally, exchange listings, token burns, or updates to the Shiba Inu roadmap could influence trader positioning. Monitoring these signals helps traders anticipate market moves before resolution.