According to Fox News, Journalism, jockeyed by Umberto Rispoli, secured victory at the 150th Preakness Stakes after finishing second at the Kentucky Derby. This high-profile win impacts sports betting markets, including crypto-based betting platforms, as trading volumes and odds on decentralized sportsbooks surged following the result (source: Fox News, May 18, 2025). Traders should monitor increased volatility in sports-related crypto tokens and NFT race collectibles, as major races historically drive speculative activity.

According to Fox News, Journalism clinched victory at the 150th Preakness Stakes after a remarkable comeback, creating significant buzz in both traditional and crypto-powered sports betting markets (source: Fox News, May 17, 2025). This dramatic win is expected to drive increased transaction volumes for horse racing prediction tokens and sports betting cryptocurrencies, as traders recalibrate odds and strategies in response to heightened volatility and renewed public interest. Market participants should monitor betting-related tokens like $DEGEN and $BET, which could see elevated demand and price swings following this high-profile result.