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Forget Meme Coins: Here's Why I'm Investing in Prediction Market Contracts Instead

Prediction markets offer crypto investors a way to make money, even in a down market.

Forget Meme Coins: Here's Why I'm Investing in Prediction Market Contracts Instead

Published August 6, 2026 · Category: Finance

Overview

There's been little talk about meme coins in the first half of 2026, and for good reason. Across the board, meme coins have taken a beating as investors find other ways to speculate on crypto.

One place they're headed is online prediction markets, where it's surprisingly easy to make "yes/no" directional bets on popular cryptocurrencies. They offer one way to make money in a down market, and that's exactly why they have become so popular.

Details

Prediction markets are absolutely booming right now. Both Kalshi and Polymarket are seeing surging trading volumes on their platforms, and new participants such as Robinhood Markets (NASDAQ: HOOD) and Coinbase Global (NASDAQ: COIN) are also posting record revenue from prediction markets.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.