Truth Social and Crypto.com Launch Truth Predict Prediction Market
Truth Social has partnered with Crypto.com to roll out Truth Predict, a new prediction market feature. With a 6.3 million user base, the platform will begin beta tests ahead of a full US launch. CEO Devin Nunes says Truth Predict turns user opinions into actionable forecasts. The move taps into rising demand for prediction markets, following rivals Kalshi and Polymarket—both facing regulatory scrutiny—and Sam Altman’s World adding Polymarket access. Truth Predict aims to boost user engagement, generate data-driven insights, and potentially enhance Crypto.com’s token utility.
Bullish
The launch of Truth Predict with Crypto.com signals greater adoption of prediction markets, driving engagement on both platforms. As users participate in forecasts, Crypto.com’s token utility may increase, attracting more traders and liquidity. While rivals face regulatory challenges, the introduction of Truth Predict in a large social network offers a novel use case, potentially boosting demand for CRO in both the short and long term.