CMC’s Fear and Greed next move: Pump to 55 or Dump to 5?

Market Details:

• Market Close: This market will only be closed once a resolution is achieved.
• Resolution Deadline: The resolution will be determined as soon as an outcome is reached.
• Pump Target: 55
• Dump Target: 5

Resolution Criteria:

• The market resolves based on which condition is met first:
  • “55” if the CMC Crypto Fear and Greed Index  reaches or exceeds the Pump Target.
  • “5” if the CMC Crypto Fear and Greed Index drops to equal or below the Dump Target.

Resolution Details:

• The market resolves based on the daily updates of CMC Crypto Fear and Greed Index
• Only the CMC Crypto Fear and Greed Index will be considered.

Cancellation (Invalidity) Conditions:

The market will be cancelled if:

• The CMC Crypto Fear and Greed Index becomes unavailable, compromised, or fails to update.
• Any circumstance that prevents reliable price tracking.
• Myriad Markets undergoes a change in its contract that demands a cancellation of all active markets, or a similar significant technical change.

In the event of cancellation, participants may claim their stakes at the market value of their open positions at the time of cancellation. This could result in a profit or a loss, depending on the price of their outstanding shares.