Move over Draft Kings and FanDuel, we’d rather bet on the Iran-Israel ceasefire and the Bitcoin price. Polymarket just pulled in $200 million led by Peter Thiel’s Founders Fund, pushing its valuation to a clean $1 billion.
The prediction market upstart now wears the unicorn badge even as U.S. regulators have barred it from the States.
The raise, which follows an earlier $50 million injection this year, signals Polymarket’s emergence as a serious contender in a online gambling. Meanwhole, Polymarket’s rise is opening the door for two new utility crypto plays: Bitcoin Hyper and Snorter Meme Coin. Let’s get into it:
Polymarket: Growth Amid Regulatory Roadblocks
Polymarket rode a wave of speculation into the 2020 election cycle, pulling $2.6 billion in trades before the FBI started sniffing around. Allegations of U.S. user access forced a quiet pivot as of 2022 and Americans are now out of the picture… at least on paper.
The latest big bet was the NYC mayoral election results; yet, Polymaket is not the only name in the game. Kalshi, backed by Sequoia and Y Combinator, offers a similar setup. But Polymarket’s crypto rails and headline-grabbing alliances keep it a step ahead.
Zohran Mamdani campaign headquarters right now https://t.co/wQ0eZT6Sfg pic.twitter.com/Z7UHo1UDf5
— Prison Mitch (@MidnightMitch) June 25, 2025
Polymarket surging shows just how big utility crypto has become. Here are two other coins that will benefit in this sector.
#1 Bitcoin Hyper Is The Best New Memecoin With Utility
While not a prediction website like Polymarket, Bitcoin is always the undisputed king, yet it moves like it’s stuck in 2013.
Bitcoin Hyper wants to change that, offering speed, low fees, and actual usability through a Layer 2 system now in presale. Early investors have already committed over $1.5 million with $HYPER tokens priced at $0.012025.
Bitcoin Hyper is an ideal utility project that isn’t trying to reinvent the wheel but make it spin faster. It runs as a Layer 2, peeling transactions off the main chain, speeding them up, then anchoring back to BTC for trust.
The flow’s basic: bridge your Bitcoin, get verified by the Relay, and operate inside the Hyper layer with mirrored tokens.
Join the Utility Wave with BTC Hyper Now
#2 Snorter Launches Snout First – Will It Be July’s Best New Memecoin?
Another utility play quickly rising is Snorter ($SNORT), which just nose-dived into the memecoin arena and raised $1.2 million in less than a week. Built on Solana and wired into Telegram, the project is one of the fastest-growing sniper bots in the game.
Launched quietly in May, the $SNORT presale is fueling a Telegram bot built for speed to snipe tokens, swap instantly, and copy trades all in one location.
As attention shifts to Telegram social media and $TON token, 99Bitcoins analysts see utility bots like Snorter as early signals of what might drive the next phase of the bull market.
Snorter’s backend packs a proprietary scanner that flags shady contracts before you get burned, identifying 85% of malicious tokens during testing, thanks to MEV-resistant relayers. It could be one of the fastest rising utility plays in the space.
SNORT Some SNORTER Token Today
Join the Bitcoin Hyper revolution here!
EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress
Key Takeaways
- Polymarket just pulled in $200 million led by Peter Thiel’s Founders Fund, pushing its valuation to a clean $1 billion.
- High fees and slow confirmations have long plagued the BTC network. Bitcoin Hyper, a new Layer 2 project currently in presale, aims to fix that
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