X Users Bet Against Each Other on Anything with CAP
Summary
• CAP is a PvP betting platform where traders can bet on anything, against anyone.
• Founder of CapBet, @UykaZaBonje, claimed that he is building a market that has never existed before.
• CAP team completed over $40,000 in buybacks of their token.
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CAP is a PvP betting platform created by @UykaZaBonje. It uses AI agents and multiple oracles to power crypto predictions on X, aiming to support small traders, challenge influencer dominance, and expand into the broader social media space. Users Create bets by tagging @capdotbot on X with the details of the bet.
The prediction market narrative grew extensively in 2025, with crypto based prediction markets Polymarket and Kalshi gaining widespread adoption by users and valuations in the multi-billions. The founder of CapBet, @UykaZaBonje, said in his manifesto for CapBet on X, "@Capdotbet isn’t here to take over. We’re here to build a market that has never existed before." Shortly after launch @capdotbet created a bet that their coin would reach $10M market cap by the end of the week, demonstrating the ease of locking in a bet on anything. The bet wasn't successful.
On October 10, @capdotbet posted they had completed over $40,000 in buybacks of CAP.
The token hit an all-time high of $8M market cap one day after launch and has generated over $120K in Creator Rewards as of October 12.