Shayne Coplan: Pursuing hundredfold tokens is irrational prosperity, comparing the trading volume of Polymarket and Kalshi

Polymarket CEO Shayne Coplan stated that the pursuit of hundredfold tokens belongs to irrational exuberance and the game of passing the buck. Polymarket users tend to participate in event trading with predictable odds rather than searching for hundredfold tokens. Polymarket predicts a trading volume of 1.21 billion US dollars in the past 7 days, while Kalshi predicts a trading volume of 2.3 billion US dollars during the same period. Several states in the United States have taken legal action against Polymarket, Kalshi, or both regarding sports event contracts, and multiple countries and regions have restricted or blocked access to Polymarket. (Source: Cointelegraph)