Tom Lee: The market turnover is predicted to reach $1.33 billion, 10 times that of the traditional gambling market.
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According to ME News, on February 11th (UTC+8), Tom Lee posted on the X platform that prediction market turnover has surpassed traditional betting market turnover. Las Vegas' Super Bowl turnover was $130 million, while prediction market turnover reached $1.33 billion, ten times that of the former. The turnover rankings for each platform are as follows: 1. Kalshi: $871 million 2. Polymarket: $312 million 3. Opinion Labs: $92 million 4. Predict.fun: $31 million 5. Novig: $19 million 6. SX Bet: $5 million 7. Overtime: $443,000 (Source: ME)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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