Regarding prediction markets, market manipulation risk @Polymarket A major investor purchased stocks worth approximately $200,000 on FDV Polymarket valued at over $50 million and attempted to manipulate the price of $KDK. He started buying at market price $KDK but failed to keep the price above $0.50. Instead, the candlestick chart ultimately closed at $0.4909. He lost about $190,000, finally ending at $0.3 per share.

KDK1,06%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin