Polymarket CEO calls 100x token chasing "hot potato"

Crypto Insight Summary: Polymarket CEO Shayne Coplan has said that traders who are hunting the next 100x token are playing a game of “irrational exuberance and hot potato.” He said this on Wednesday, October 7, at the ongoing TOKEN2049 Singapore event, and his warning is aimed at the retail speculators that his prediction market is trying to win... Crypto Insight Analysis: Direction: Bearish Speculative Tokens Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Warning from industry leader may deter short-term speculation in low-cap tokens.