Rumors of a supposed prediction contest by Bybit with a prize pool of 1000 USDT have not found official confirmation, raising questions about their validity.
Lack of Official Contest Confirmation
Rumors of a prediction event for HFT prices from Bybit remain without [official confirmation](https://announcements.bybit.com/en/article/community-predictions-predict-move-price-and-win-1000-usdt-blt846ffab179edebcb/). The contest in question has yet to be announced in official channels, and the lack of information from Bybit and Hashflow leaders raises doubts about its reality.
No Market Changes Linked to Unconfirmed Event
At this time, no shifts in market dynamics or asset prices have been observed related to the contest rumors. Additionally, there is no [institutional funding](https://twitter.com/BusinessfrontAF/status/*) or blockchain movements that would support the rumors of the prediction contest. The absence of confirmed data on this issue avoids the emergence of financial and regulatory concerns.
Previous Bybit Rumors Highlight Need for Caution
Past similar unconfirmed events have also occurred in Bybit's trading competitions, impacting tokens like USDT. Historical data does not support the existence of the HFT contest, which was not mentioned in Bybit's 2025 events. Kanalcoin experts advise caution when verifying unofficial events, as market reactions rely on verified information.
Rumors about the contest from Bybit underscore the importance of fact-checking and the credibility of information in the cryptocurrency market.
