Polymarket played it smart by holding off on launching their token during the mindshare peak.
While many expected a pre-election launch to ride the hype wave, they smartly avoided a potential price crash.
Sure, insiders, VCs and airdrop farmers would've been happy, but I salute them for holding-off.
Had they followed the hype, the token might be tanking like PolitiFi’s right now.
Even though Trump won, Trump-related memecoins are down significantly because Trump's mindshare is likely to decrease from here.
Polymarket faces a similar fate.
Mindshare will trend downward, and if the token were live, it would drag the price down with it.
Community would be furious, complaining that "whales got all the tokens".
Now, the beautiful scenario for a token is to build loyal community, polish the product, and launch token when they are ready.
Crypto friendly regulation will surely help.
Launching the token at a much lower FDV than before the election enables new investors to "buy in" and potentially benefit from a long-term upward price trend.
This is awesome as prediction markets increasingly become integral to event forecasting and news.
My tip: continue using Polymarket as you never know what criteria they going to use.
