Polymarket CEO Warns 100x Token Hunt Is ‘Irrational Exuberance’

Coplan's warning is notable less as a market call than as a signal of where prediction-market operators see durable demand: traders prioritizing more predictable, event-based exposure over lottery-ticket tokens. That framing matters for how venues position themselves against speculative crypto flows, and it hints at a possible shift in user attention if the 100x hunt cools. Whether that preference for predictability persists, or merely reflects the current mood Coplan is describing, is the open question worth watching.