Polymarket: Traders Speculate on Token Generation Event (TGE) in Anticipation of Airdrop

IconCryptoNewsTerminal Staff08 Sep, 2024

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Polymarket: Traders Speculate on Token Generation Event (TGE) in Anticipation of Airdrop

Polymarket's impressive open interest growth this year, from $7 million to over $100 million, has caught the attention of crypto investors. While Polymarket has yet to announce a Token Generation Event (TGE) or airdrop, traders anticipate a potential announcement post-US presidential election to further expand its user base. This speculation has fueled the current farming of Polymarket's native token in anticipation of an airdrop. It's important to note that official confirmation from Polymarket regarding a TGE or airdrop is still pending. ---