According to data from Polymarket, the predictions on this cryptocurrency betting platform are generally coming true. In the last 4 hours, the success rate has been 95%, while the percentage does not drop too much in longer review times.
In both the last 12 hours and the last 30 days, the ratio accuracy of the predictions in Polymarket has been 90%. In other words, during such time frames, most cryptocurrency bets were correct.
This indicates that the platform is not only a speculation site where users seek to maximize their cryptocurrencies if they are correct in their predictions. It has also become a tool that reflects projections that tend to materialize.
“No medium in history has achieved that precision,” they emphasize its enthusiasts on the networks, finding in Polymarket more accurate predictions than traditional tools or surveys.
The calls for predictions on the platform are on various topics. They range from electoral definitions, economic measures, geopolitical movements to other issues such as sports projections and what prices different assets such as bitcoin (BTC) will reach.
Regarding bitcoin, there are, for example, calls on the price it can reach each day, as well as for longer periods such as one on what maximum price it will reach in 2025. According to the latter, the majority foresees that exceeds $130,000 (USD), thus reaching new records.
Although Polymarket does not show the range of accuracy of the predictions in time frames greater than one month, continuing with its current margins would imply a high probability of success of the projections.
However, it is crucial to consider that The bets continually change according to the circumstances of the context.so the predictions seen today may not be the same as when the calls end.
Proof of this have been the facts about which candidate could win the presidential elections last year in the United States. Although Donald Trump largely led the bets then, contrary to what traditional polls said, Kamala Harris came out on top at times.
In this sense, it is crucial to take into account these changes that occur, as well as that there is no guarantee that the predictions will come true although the success rate is still high.