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Polycule Founder Launches Prediction Platform PMX, Related Token Surges Nearly 44%

Summary: According to reports, Polycule founder krish announced the launch of the prediction platform PMX in collaboration with Meteora on the X platform. PMX works by transforming each prediction market into two tokens, YES and NO, which are minted and added to LP pools. Following event outcome confirmation, failed tokens are liquidated to 0 while holders ...

According to reports, Polycule founder krish announced the launch of the prediction platform PMX in collaboration with Meteora on the X platform. PMX works by transforming each prediction market into two tokens, YES and NO, which are minted and added to LP pools. Following event outcome confirmation, failed tokens are liquidated to 0 while holders of winning tokens receive airdrop rewards. In response to this news, the PCULE token (now PMX) surged by 43.97% in 24 hours, with a current market value of $22.8 million. On June 8, Polycule announced receiving a $560,000 investment from Alliance DAO.

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