Many people confuse prediction markets with meme coins, but they are fundamentally different.

What's the difference? Once an event occurs, the positions in prediction markets are dead — you can never turn it around. It's a one-shot deal.

Meme coins are different. They allow reversals. Just look at the example of $PNUT, which rebounded from a low of $30M market cap. This is the real market opportunity. Prediction market gameplay is like playing the lottery: if you win, you win; if you don't, you're done. Meme coins, on the other hand, give retail investors more operational flexibility and psychological expectations.