Backpack Approaches TGE, Polymarket Predicts Only 30% Probability of FDV Exceeding $500 Million

Odaily News Backpack has confirmed its TGE (Token Generation Event) will occur around March 23. Real-time betting data from Polymarket shows the probability of Backpack's FDV (Fully Diluted Valuation) exceeding $300 million on the first day of TGE is approximately 68%, while the probability of exceeding $500 million is only 33%.

Previously, Backpack CEO Armani Ferrante stated during an official Twitch livestream that the token TGE date is scheduled for around March 23.