Messari: Polymarket's 2028 Bull Case Valuation Pegged at $111.2 Billion

On March 27, HyperInsight monitoring (via its Telegram channel at https://t.me/HyperInsight) reported that a whale with an address starting at 0xe84 opened a 40x leveraged long position on BTC. The position totals $2.7 million, with an average entry price of $68,664 and a liquidation price of $67,726. Additionally, the whale placed a market sell order to close half the position as a stop-loss if BTC’s price drops to $68,300.

March 27 — Wildcard, the former star blockchain game project once backed by a $46 million Paradigm-led investment, held its Token Generation Event (TGE) at 1 p.m. ET today. Launched initially on Arbitrum, the token surged to a peak market capitalization of $1.1 million post-launch and now trades at $809,000. Its liquidity pool totals just $209,000, drawing widespread community questions about the project’s accountability and allegations of a “soft rug.” ### Background In June 2022, Wildcard closed a $46 million Series A funding round led by Paradigm, with participation from Griffin Gaming Partners, Polygon, and other firms. The project announced the Wildcard Alliance to build “Wildcard”—a PvP hybrid of card, MOBA, and competitive gameplay initially built on Polygon, later expanding to Arbitrum. Founders Paul Bettner and Katy Drake Bettner boast strong credentials, having worked on hit games like *Words With Friends* and *Lucky’s Tale*. ### Subsequent Developments The proje

March 27th — Per HyperInsight Monitoring, the semiconductor sector is under broad pressure amid multiple bearish catalysts: - Iran’s attack cut Qatar’s helium supply by half, weighing on NVIDIA (NVDA) — a company highly reliant on the inert gas — and pressuring its stock price. - Micron Technology (MU) continued to decline, driven by factors including Google’s latest research paper. The tech sector overall is trading weakly in this backdrop. On-chain, the semiconductor bull whale tied to Continue Capital’s affiliated address has posted a $500,000 daily loss, with weekly losses widening to $1.45 million. The address still holds $14 million in long positions: - 5x-leveraged NVDA long: Average entry price $190, unrealized loss $760,000 (-94%), liquidation price $159.9. - 7x-leveraged MU long: Average entry price $390, unrealized loss $380,000 (-49%), liquidation price $339.9.

March 27 — Blockchain lottery platform Megapot has closed a $5 million funding round, led by Dragonfly with participation from Coinbase Ventures, Bankless Ventures and angel investors. The platform operates on the Base network, facilitating global fund settlement via stablecoins. Megapot plans to use the capital to expand into additional international markets and build a mobile on-chain lottery platform for users worldwide.

March 27 — Financial Times (FT): UAE Pushes for International Task Force to Reopen Strait of Hormuz; Sources Say UAE Will Deploy Its Navy.