[Backpack Nears TGE, Polymarket Predicts Only a 30% Chance of FDV Exceeding $500M] Odaily Planet Daily News: Backpack has confirmed that its TGE will take place around March 23. According to real-time betting data on Polymarket, the probability of Backpack's FDV exceeding $300 million on the first day of TGE is approximately 68%, while the probability of it exceeding $500 million is only 33%. Previously, Backpack CEO Armani Ferrante mentioned during an official Twitch livestream that the token TGE date is expected to be around March 23.