Which of these cryptocurrencies will have a positive return in 2026?

Prediction markets currently give a 25% probability that Which of these cryptocurrencies will have a positive return in 2026?. This contract trades at 25¢ on Kalshi, closing January 1, 2027. The market has experienced significant downward pressure, declining from 29¢ to 19¢ over seven days before recovering slightly to 23¢, suggesting recent capitulation among bulls on Shiba Inu's 2026 prospects.

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25¢
Bid/Ask 31/37¢·Spread 6¢·Vol $38·OI $5,385·Closes Jan 1, 2027·255d remaining
KXCRYPTORETURNY-26-SHIBA
7-day price443 snapshots · 9 regime
32¢31¢ current
Apr 83¢Apr 22

Analysis

3d ago

The market has experienced significant downward pressure, declining from 29¢ to 19¢ over seven days before recovering slightly to 23¢, suggesting recent capitulation among bulls on Shiba Inu's 2026 prospects. The 604% implied yield on the Yes side is extraordinarily high relative to the 258-day timeframe, but this is paired with extremely thin liquidity ($5,369 open interest, $182 daily volume) and an unusually wide 4¢ spread, indicating the extreme yield may reflect illiquidity rather than genuine market conviction. The 844% realized volatility and 4.04 vol ratio signal this contract is highly unstable, making the quoted probability potentially unreliable for serious positioning.

Resolution rules

If Shiba Inu has a positive return in 2026, then the market resolves to Yes.

Indicators

IY (Yes) 319.2%
IY (No) 64.4%
Adj IY 160%
CRI 2
Overround 1.6%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)319.2%
IY (No)64.4%
Adj IY160%
CRI2
Overround1.6%

Regime

Label
neutral
Score
0.341
Spread
6¢
Computed
4/22/2026, 2:00:56 AM
Observability lowEvent type financial
Indicators computed 4/22/2026, 1:53:17 AM

Trade

View on kalshisf trade KXCRYPTORETURNY-26-SHIBA yes 100

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