Recently, KOLs keep hyping prediction markets as the next explosive sector, which is getting ridiculous. Think about it carefully—each cycle in the crypto space has always been mapped to real financial activities: DeFi corresponds to on-chain deposit yield models, NFT corresponds to digital art collectible value. So what real-world scenario does the prediction market correspond to? Basically, it's fortune telling and astrology, fundamentally no different from horse racing betting or lotteries—just moving the insider gambling playbook onto the blockchain with new ways to harvest retail investors.
Rather than figuring this out, you might as well just play MEME coins—at least the logic is more straightforward. What's more telling is the moves by top exchanges, which provide the real answer—if this were truly the next windfall opportunity, they wouldn't bother deploying US stock trading, gold and silver futures and other traditional asset derivatives. This actually proves they've already placed their bets on more growth-potential directions. So about all that overwhelming hype around prediction markets, take it with a grain of salt and don't take it seriously.
Recently, KOLs keep hyping prediction markets as the next explosive sector, which is getting ridiculous. Think about it carefully—each cycle in the crypto space has always been mapped to real financial activities: DeFi corresponds to on-chain deposit yield models, NFT corresponds to digital art collectible value. So what real-world scenario does the prediction market correspond to? Basically, it's fortune telling and astrology, fundamentally no different from horse racing betting or lotteries—just moving the insider gambling playbook onto the blockchain with new ways to harvest retail investors.
Rather than figuring this out, you might as well just play MEME coins—at least the logic is more straightforward. What's more telling is the moves by top exchanges, which provide the real answer—if this were truly the next windfall opportunity, they wouldn't bother deploying US stock trading, gold and silver futures and other traditional asset derivatives. This actually proves they've already placed their bets on more growth-potential directions. So about all that overwhelming hype around prediction markets, take it with a grain of salt and don't take it seriously.