The $CHIP token (USD.AI) launched publicly on April 21, 2026. The Polymarket contract on USD.AI’s Fully Diluted Valuation exceeding $300M one day after launch sits at 98.8% YES, up from 36% a week ago.

Market reaction

The $CHIP launch coincides with a broader crypto rally fueled by a US-Iran ceasefire that reduced geopolitical tension. Bitcoin climbed above $72,000, and altcoins including CHIP benefited. The USD.AI FDV contract saw a 4-point spike at 1:24 PM, moving from 55% to 59%.

Why it matters

Traders are betting on USD.AI’s FDV exceeding $300M, driven by strong pre-launch interest and listings on platforms like Upbit. The order book depth is $5,348 to move 5 percentage points, indicating moderate…