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Chasing 100x tokens is game of ‘irrational exuberance,’ says Polymarket CEO

Cointelegraph·October 7, 2026·1 min read
Chasing 100x tokens is game of ‘irrational exuberance,’ says Polymarket CEO

Polymarket CEO Shayne Coplan says traders chasing 100x tokens are playing a game of 'irrational exuberance,' likening it to 'hot potato.' He notes some users prefer more predictable prediction market opportunities over speculative gems, signaling a shift toward steadier betting venues as the platform grows.

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