Polymarket user wallets in profits

Quick Summary:

Polymarket User Wallets Are in Profits Only For 12.7% In a revealing analysis, Polymarket, a prominent decentralized prediction market platform, has shown that only 12.7% of user wallets are currently in profits.

This statistic, reported by Cointelegraph, underscores the challenging landscape of prediction markets and offers insights into user behavior and platform dynamics.

External Influences: Geopolitical events, economic changes, and other external factors can significantly influence the results of prediction markets, making it difficult for users to maintain consistent profitability.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Polymarket User Wallets Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 10:27:46 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 900 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22967607

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 31 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

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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