TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 6, 5:00 PM EST
Kalshi
This event tracks the exchange rate between Shiba Inu cryptocurrency and the U.S. Dollar on June 6, 2026, measuring the price at 5 PM EDT based on CF Benchmarks' official spot rate data.
Prediction market odds on Kalshi reflect aggregated trader conviction about Shiba Inu's price range, often diverging from current spot prices or analyst forecasts. While spot markets react to immediate supply and demand, prediction markets price in longer-term expectations and tail risks over the 18-month horizon to June 2026. Comparing the implied probabilities from Kalshi to consensus analyst price targets or on-chain sentiment can reveal whether traders expect significant appreciation, depreciation, or consolidation relative to today's levels.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, Shiba Inu price range outcomes are priced as binary or categorical contracts reflecting the probability that spot price will fall within each specified bracket at resolution. Traders buy and sell shares at prices between 0 and 100 cents, with the winning outcome settling at 100 cents. The current market price of each range contract directly indicates how Kalshi participants are weighting that outcome relative to alternatives, with higher prices signaling stronger conviction that Shiba Inu will land in that range.
The market resolves on Jun 6, 2026, capturing Shiba Inu's spot price at exactly 5pm EDT on June 6, 2026. The winning outcome is determined by which price range bracket contains the official reference price at that moment. All other range contracts resolve to zero, and winning shares pay out at full value. Traders should monitor the exact data source and time zone specifications in the market rules to ensure alignment with their expectations.
Major catalysts include regulatory announcements affecting meme coins or crypto broadly, Shiba Inu ecosystem developments such as Shibarium adoption milestones, macroeconomic shifts in risk appetite, Bitcoin and Ethereum price movements, and changes in retail sentiment tracked via social media and on-chain metrics. Burn events, partnerships, or major exchange listings could drive volatility. Additionally, shifts in broader crypto market structure, central bank policy, and competing Layer 2 or meme-coin projects may influence trader positioning and the probability distribution across price ranges leading up to resolution.