Cryptocurrency punters are eagerly rushing to place their bets on the highly anticipated “Barbie” movie, directed by acclaimed director Greta Gerwig, as its release approaches.
In the fast-paced world of crypto gambling, the current buzz revolves around the epic showdown between the iconic puppet and Christopher Nolan’s masterpiece “Oppenheimer” on the popular betting platform Polymarket.
Polymarket, known for facilitating bets using cryptocurrencies, offers a unique and exciting opportunity for enthusiasts to engage in financial speculation on certain events by buying or selling “shares”.
The platform has gained a lot of popularity and is now the ultimate destination for gamblers looking to profit from major events in various fields.
As excitement builds for both Barbie and Oppenheimer, cryptocurrency punters are analyzing every bit of information, trends, and news snippet related to the two movies.
barbie vs. Oppenheimer stock price and potential returns
As the stakes go up, the market value of Barbie shares is currently $0.95, promising a potential return of $105.26 for a $100 bet. Conversely, Oppenheimer’s shares are valued at $0.06, providing a staggering $1,530 return if the movie outperforms Barbie, a staggering 1,430% return on investment.
Order Book for Barbie. Source: Polymarket
This particular market It revolves around predicting which “Barbie” or “Oppenheimer” movie will have a higher domestic gross during its opening weekends. To determine the market outcome, the opening box office collection values for the three days (July 21-23) will serve as the basis for the decision.
Order Book for Oppenheimer. Source: Polymarket
If “Barbie” surpasses “Oppenheimer” in terms of domestic box office earnings during its 3-day opening weekend, the market will tip in Barbie’s favor. Conversely, if Oppenheimer outperforms Barbie in terms of earnings during its 3-day opening weekend, the market will favor Oppenheimer.
In the event that both films earn exactly equal earnings at the box office during the given weekend, the market will result in a 50-50 resolution.
The market cap of cryptocurrencies currently at $1.15 trillion on the weekend chart: TradingView.com
An opening weekend is defined as the first Friday, Saturday, and Sunday after a films release. It’s important to note that this market’s decision will be based on data provided by Box Office Mojo, specifically the domestic weekend numbers for the three-day weekend.
This resolution process remains consistent regardless of whether the term “domestic” refers exclusively to the United States or includes both the United States of America and Canada, among other possibilities.
Emergency decision for crypto bettors
If the final data for box office profits Not available By July 31, a reliable alternative source will be chosen to resolve the market accurately and fairly.
the Anticipation among cryptocurrency gamblers It continues to grow heading into its opening weekend, as enthusiasts eagerly follow the films’ progress and market dynamics.
Featured image from IMDB; Virgit Madden / Varsity