Polymarket’s Shayne Coplan says chasing 100x tokens is a greater-fool game. at TOKEN2049 in Singapore he called it irrational exuberance and hot potato. Traders buy a token they think is worthless because it might go 100x, and they want to sell before it goes back to zero. Some people get rich that way. He said the price still has to come down. his contrast is prediction markets. Polymarket does not offer a 100x. A contract pays out on an event, at odds the market sets. He said that is why some traders have moved over. DefiLlama has Polymarket at about $1.21 billion in the past seven days, second to Kalshi at about $2.3 billion. a contract with a known payout is a different trade from a token with no floor. It is also not a free edge. Informed traders still take the other side. Volume of $1.21 billion is activity. It is not proof the odds are fair. the 100x is the hot potato. The $1.21 billion is the market he is selling against it. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Macro Insights# $BTC $ETH