Polymarket data showed rising expectations for GENIUS to hold a valuation above a $500 million FDV after launch, as airdrop claims opened and team and investor tokens were locked for at least one year.
GENIUS opened its airdrop claims while Shuttle Labs team members and investors committed to locking their tokens for at least one year. According to Polymarket data, the probability that GENIUS would maintain a fully diluted valuation above $500 million one day after opening rose to 42%, up 34% over 24 hours. The token’s market capitalization briefly exceeded $800 million before pulling back, and was later reported at $620 million.