CryptoQuant CEO: Trump’s Polymarket 61.3% Win Probability Likely Overstated

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Trump’s Polymarket 61.3% Win Probability Likely Overstated In a critical analysis of decentralized prediction markets, CryptoQuant CEO Ju Ki-young has expressed skepticism regarding Polymarket’s reported 61.3% probability of a Donald Trump victory in the upcoming U.S.presidential election.

Utilizing blockchain technology, Polymarket aggregates bets from participating users to generate probability metrics for various outcomes.

Engaging with traditional polling, candidate platforms, and independent analyses can provide a more balanced perspective compared to prediction market data alone.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Polymarket Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 16:26:15 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23365576

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 35 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #121

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