Cryptocurrency punters are not leaning in favor of the possibility that Mojtaba Khamenei will be ousted as Iran’s Supreme Leader, even as President Donald Trump vowed to hit the nation “very hard” in the days ahead.
No Threat to Mojtaba Khamenei’s Regime?
Polygon (CRYPTO: POL)-based Polymarket currently assigns a 22% chance that Khamenei is removed, detained, or blocked from acting as Supreme Leader before the end of the year, significantly down from 70% seen in early March. This was the period following the assassination of his father and former Supreme Leader Ayatollah Ali Khamenei.
The odds of a change by the end of September were far lower, at just 10%.
Over $22 million has been wagered on the outcome, making it one of Polymarket’s most actively traded bets.
Mojtaba Khamenei is yet to make a public appearance since getting wounded in a U.S-Israeli strike, although Iranian state media continues to attribute statements, religious messages, and letters to him.
War Drags On
The developments come as the U.S. resumed its hostilities with Iran in response to attempted Iranian attacks on U.S. forces stationed across the Middle East.
The escalation followed an attack Tuesday night in which Iran’s Islamic Revolutionary Guard Corps launched multiple ballistic missiles toward U.S. bases in the region.
Trump minced no words, vowing that the U.S. would hit Iran very hard and that “they know it’s coming.”
Earlier this month, the U.S. accused Tehran of violating the memorandum of understanding by attacking commercial vessels transiting the Strait of Hormuz. The U.S. has also reimposed the naval blockade against Iranian ports.
Photo courtesy: apps media production / Shutterstock.com
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