Prediction markets are increasingly outperforming traditional economic data as tools for price forecasting, according to a new report from Keyrock via AiCoin. Platforms such as Polymarket and Kalshi have experienced a surge in monthly trading volumes, escalating from $100 million to $13 billion since early 2024. Polymarket boasts a 67% accuracy rate, while Kalshi achieves 78%, with traders integrating these platforms with technical indicators. The real-time collective intelligence offered by these markets is becoming a crucial component of professional trading models.
Prediction Markets Surpass Economic Data in Price Forecasting
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
