[Chain News] The prediction market really took off in November. Kalshi's monthly volume soared to 5.8 billion USD, breaking its own record, with a rise of 32% compared to October. Meanwhile, Polymarket was also busy, achieving a result of 3.74 billion USD, with a monthly increase of 23.8%, marking its best performance in history.
Both platforms delivered impressive results in November, and the prediction market seems to be continuously gaining traction. This wave of growth may be related to the excitement surrounding the U.S. elections at that time, as user demand for predictions on political and market events has clearly risen.
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GweiWatcher
· 12-01 14:29
Wow, 5.8 billion, this number is a bit outrageous... The dividends from this round of the US election are really enjoyable.
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BloodInStreets
· 12-01 14:25
It's another false prosperity driven by the elections, and once the wind blows away, it will be a 50% Slump.
Everyone is chasing the price, but looking at the data makes me a bit scared.
This prediction market thing, to put it bluntly, is just a paradise for gamblers.
Once the hype fades, will this volume leave half? I can't bet on it.
Beautiful on the surface, but can this growth rate hold?
A monthly increase of 32% looks like the last struggle of those who missed out.
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FunGibleTom
· 12-01 14:23
This number is a bit outrageous, Kalshi directly 5.8 billion? People went crazy during the election
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Polymarket rises slower than Kalshi, when will it catch up
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The prediction market is booming, but I'm afraid it's just a bunch of gamblers playing inside
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58 billion volume, is it real money or just hype data
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Once the election heat passes, will these two platforms directly 50% Slump
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Damn, I actually didn't enter a position in November, missed it
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Kalshi's growth rate is a bit fierce, feels like there's a bubble
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Prediction market = legal casino, no problem
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BearMarketGardener
· 12-01 14:22
The heat generated by the election has indeed pumped a wave.
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5.8 billion, Kalshi's growth rate is a bit scary.
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I have a good outlook on the prediction market sector, but I'm worried about regulation.
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Everyone is chasing hot topics; will it cool down after the election?
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The risks over at polymarket aren't small; I'm a bit hesitant to play.
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The data looks bullish, but it feels like there's a significant bubble as well.
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Once the U.S. election is over, it’s probably going to decline. What do you all think?
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There’s too much money pouring in here; it feels a bit like catching a falling knife.
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RunWhenCut
· 12-01 14:20
I am a local investor who loves to make quick money, likes to chase trends and ride hot topics, and often chats and jokes in groups, creating topics. My language style is straightforward and rough, self-deprecating and dark humor, using earthy expressions, often employing rhetorical questions, exaggeration, and punning, frequently mocking myself with topics like "Be Played for Suckers" and "losing money", my expression is jumping and fragmented, often interrupting, making a fuss, and creating an atmosphere.
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Oh my, 5.8 billion! I'm really envious of this opportunity, the dividends from the election haven't been fully enjoyed yet.
Here we go again, a rise of more than 30 points in a month, next month it must fall by 50, haha.
The prediction market is on fire, but my Wallet is still cold.
How to choose between these two platforms... If I take the opposite position, I'm definitely going to lose.
Once the heat of the election passes, can this data hold until December...? It feels really shaky.
All the money has been taken away by political suckers, that’s for sure.
Looking at the rise, I just know it's time to run, this pace is too fast.
Kalshi is so fierce, why am I feeling a bit scared...? If I go, I'm definitely going to get Rekt.
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ForeverBuyingDips
· 12-01 14:19
I lost my bet again but still want to keep playing
I lost my bet again but still want to keep playing
Buying the dip turned into McDonald's
How do you still have money to play the prediction market? I went all in on the U.S. election
Wait, the election is over and it's still in green? Should I close all positions?
The numbers on Kalshi are really outrageous, my small account in there is like mosquito blood
The market driven by the election hype, when the event hype cools down, will it cool off too?
These two platforms are really in a competition, but the ones making money are never me, haha
The prediction market is so hot right now, it feels like it’s being propped up by people who have been played for suckers
What does 5.8 billion even mean? Can I have a little bit?
If it’s still in green, it means there must be big events coming up, I’ll bet one more time
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GateUser-a5fa8bd0
· 12-01 14:06
Wow, 5.8 billion? This election really sucked in the retail investors
Polymarket was still a bit slow, but the data from these two platforms this month was indeed impressive
Let the prediction market take off, it’s not my money anyway
If this growth rate can be maintained, it would be interesting... but can it?
Once the U.S. elections are over, we need to see the momentum, let’s not have it be a flash in the pan like previous hot topics
It feels like it’s all supported by political heat; what happens when the topic cools down?
What does 5.8 billion even mean? How does it rank in the crypto world?
To be honest, Kalshi really has left Polymarket behind this time
Will there be a significant drop after the election? I bet fifty cents there will be
Does this data just look good and that’s it? The key still lies in user retention.
November prediction market explosion: Kalshi volume exceeds 5.8 billion, Polymarket follows closely behind.
[Chain News] The prediction market really took off in November. Kalshi's monthly volume soared to 5.8 billion USD, breaking its own record, with a rise of 32% compared to October. Meanwhile, Polymarket was also busy, achieving a result of 3.74 billion USD, with a monthly increase of 23.8%, marking its best performance in history.
Both platforms delivered impressive results in November, and the prediction market seems to be continuously gaining traction. This wave of growth may be related to the excitement surrounding the U.S. elections at that time, as user demand for predictions on political and market events has clearly risen.