Market News / Story
Chasing 100x tokens is game of ‘irrational exuberance,’ says Polymarket CEO
Cointelegraph ·
Cointelegraph reports: Cryptocurrency trading is becoming a game of “irrational exuberance” as traders race to be among the earliest investors to find the next 100x token, according to Shayne Coplan, the CEO of prediction market platform Polymarket. “People think they’re buying something, it’s worthless, but they’re buying it. If it can go to 100X, they want to sell it before it goes back to zero,” said Coplan during a fireside chat at Token2049 Singapore on Wednesday. Coplan said that some…