{"id":31966,"date":"2024-11-05T21:00:06","date_gmt":"2024-11-05T18:00:06","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=31966"},"modified":"2024-11-05T18:38:32","modified_gmt":"2024-11-05T15:38:32","slug":"animoca-brands-research-polymarket-users-may-remain-on-platform-after-election","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/animoca-brands-research-polymarket-users-may-remain-on-platform-after-election\/","title":{"rendered":"Animoca Brands Research: Polymarket Users May Remain on Platform After Election"},"content":{"rendered":"

Animoca Brands<\/strong> Research analysts predict that Polymarket<\/strong> users will continue to stay on the platform after the US presidential election is over. While the US election has brought Polymarket\u2019s popularity into the mainstream, the platform\u2019s long-term strength is also being questioned.<\/p>\n

Polymarket, which increased its monthly trading volume from $40 million to $2.5 billion between April and October, has also seen an increase in open positions from $20 million to $400 million. The platform\u2019s website received 35 million visits in October, while Polymarket\u2019s name has become a frequent topic in mainstream media outlets as well as crypto media.<\/p>\n

According to the Animoca Brands Research report, approximately 75% of Polymarket users trade on the platform on various topics, taking positions on topics that are not directly related to the election. This shows that Polymarket has the potential to attract long-term attention beyond the election period. Additionally, the platform has not made a definitive decision on whether it plans a future tokenization event, which could keep users looking for an airdrop interested.<\/p>\n

Might interest you: What is BabyDoge?<\/a><\/em><\/p>\n

Analysts noted that Polymarket\u2019s long-term growth will depend on its market positioning, content strategy, and how it manages the regulatory environment. \u201cAs the platform grows in popularity, competition and public scrutiny from traditional and web3 platforms will also increase. The Polymarket team will need to make strategic choices to strengthen its position in order to fully leverage the visibility and influence it has gained,\u201d they commented.<\/p>\n

\n

You can join our Telegram<\/a> <\/strong>channel to not miss the news and stay informed about the crypto world.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Animoca Brands Research analysts predict that Polymarket users will continue to stay on the platform after the US presidential election is over. While the US election has brought Polymarket\u2019s popularity into the mainstream, the platform\u2019s long-term strength is also being questioned. Polymarket, which increased its monthly trading volume from $40 million to $2.5 billion between<\/p>\n","protected":false},"author":6,"featured_media":30786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[2377,9291,9292,7155],"class_list":["post-31966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-animoca-brands","tag-animoca-brands-research","tag-animoca-brands-us-election","tag-us-election"],"yoast_head":"\nAnimoca Brands Research: Polymarket Users May Remain on Platform After Election - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/animoca-brands-research-polymarket-users-may-remain-on-platform-after-election\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Animoca Brands Research: Polymarket Users May Remain on Platform After Election - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Animoca Brands Research analysts predict that Polymarket users will continue to stay on the platform after the US presidential election is over. 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