A new way for the crypto world to profit from Polymarket
Have project teams evolved to the point where they're already reaping profits on Polymarket before even issuing their project tokens?
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Polymarket bet on Trump with a 54% chance of winning the U.S. election, with nearly $3.5 million in bets
31/01/2024 12:40
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Summary of Polymarket's profit methods
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Prediction market Polymarket has remained active after the turning point of the US election, continuing to prove its value.
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JinseFinanceCEO of the big winner of the US election was raided by the FBI How does Polymarket work
Polymarket successfully predicted that Trump would win the US election with a total trading volume of over $3 billion. The FBI may have suspected that the platform was manipulating the election market, so it raided the New York residence of Polymarket CEO Coplan.
JinseFinancePolymarket plans to raise $50 million in token offering amid massive political bets on U.S. election
As Polymarket continues to grow, the platform’s future, especially in terms of token development, remains unclear. The potential for a new token could alter the dynamics of the platform, but whether it will meet community expectations or impact operations positively remains to be seen.
SanyaGrayscale Research Report: How did Polymarket take off?
Grayscale Research believes that Polymarket has the potential to become a “source of truth” by leveraging the transparency and record-keeping of blockchain technology, market incentives, and the collective wisdom of users.
JinseFinanceGold Chart | Polymarket Data Interpretation
The crypto market is known for its huge volatility, and prediction markets allow users to participate in the prediction of the outcomes of major events in a more stake-based way. This chart summarizes the prediction events with large trading volumes for investors to more accurately grasp the current market context.
JinseFinancePolymarket's unique value
As the crypto industry moves into the consumer application phase, Polymarket’s success in temporarily replacing existing prediction markets is significant.
JinseFinancePolymarket and the Decentralization Dilemma of Prediction Markets
As the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.
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