At the Token2049 conference in Singapore on October 7, 2026, Shayne Coplan, CEO and founder of Polymarket, argued that the hunt for 100x token returns is a losing game driven by irrational exuberance rather than underlying value logic. Polymarket logged $1.21 billion in prediction volume in the week leading up to October 7, 2026, earning $26 million in fees during that period and $103 million over the prior 30 days. The platform processed approximately $3 billion in volume during the 2024 US presidential election cycle, capturing around 85% of online election wagers. Coplan also confirmed that Polymarket operates exclusively in USDC with no immediate plans for a native token or airdrop.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
