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Polkamarkets pricePOLK
Polkamarkets price calculator
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About Polkamarkets (POLK)
Polkamarkets is a unique and innovative cryptocurrency platform that has gained significant attention in the crypto market. It provides a decentralized prediction market protocol that allows users to trade on the outcomes of real-world events. One of the key features of Polkamarkets is its integration with the Polkadot network, a highly scalable blockchain platform. This allows for seamless cross-chain transactions, enhancing the speed and efficiency of transactions on the platform. Polkamarkets offers a wide range of markets for users to participate in. These markets cover various categories such as sports, politics, entertainment, and more. Users can trade on the outcome of events by buying shares in the form of ERC-20 tokens called POLK. As the event progresses and the outcome becomes clearer, the value of POLK tokens fluctuates, allowing users to buy and sell at opportune moments. The decentralized nature of Polkamarkets ensures transparency and fairness in the prediction market. Users can trust that the market outcomes are determined by a decentralized oracle and cannot be manipulated. Additionally, users have full control over their funds and do not need to rely on intermediaries for transactions. Another notable feature of Polkamarkets is its liquidity mining program. Users can provide liquidity to the market by depositing their POLK tokens and in return, they earn trading fees and other incentives. This encourages active participation and further enhances the market's liquidity. In conclusion, Polkamarkets is a promising cryptocurrency platform that offers a decentralized prediction market protocol. With its integration with Polkadot, a wide range of markets, and its liquidity mining program, Polkamarkets provides users with an exciting opportunity to participate in prediction markets and potentially earn profits.
Polkamarkets price performance in USD
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Polkamarkets Social Data
In the last 24 hours, the social media sentiment score for Polkamarkets was 3, and the social media sentiment towards Polkamarkets price trend was Bullish. The overall Polkamarkets social media score was 0, which ranks 385 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Polkamarkets being mentioned with a frequency ratio of 0%, ranking 1070 among all cryptocurrencies.
In the last 24 hours, there were a total of 48 unique users discussing Polkamarkets, with a total of Polkamarkets mentions of 7. However, compared to the previous 24-hour period, the number of unique users decrease by 26%, and the total number of mentions has decrease by 36%.
On Twitter, there were a total of 0 tweets mentioning Polkamarkets in the last 24 hours. Among them, 0% are bullish on Polkamarkets, 0% are bearish on Polkamarkets, and 100% are neutral on Polkamarkets.
On Reddit, there were 11 posts mentioning Polkamarkets in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 8% .
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