The crypto market is experiencing a period of respite following two weeks of volatility and bearish price action, with Bitcoin and Ethereum reclaiming crucial levels at $110K and $4K, respectively. The crypto rally has sparked rumors of an upcoming Polymarket airdrop for its new token as investors wonder whether it could be the next 100x crypto play.

Polymarket is the leading prediction market platform, with it posting $1Bn+ monthly volume for 15 months in a row now, and over $10Bn per month since February 2025.

Polymarkets founder, Shayne Coplan, 27, was also just announced by Forbes as the world’s youngest self-made billionaire, bringing even more attention to prediction markets as a result. It comes as no surprise, then, that traders are scrambling to farm the rumored Polymarket airdrop.

Coplan Teased the Polymarket Airdrop with $POLY Ticker Drop on October 8

Less than two weeks ago, the Polymarket founder teased a POLY token by dropping the ticker amongst BTC Bitcoin Bitcoin 3.10% Bitcoin Bitcoin BTC Price $61,659.90 3.10% /24h Volume in 24h $36.48B Price 7d Learn more , ETH, SOL, and BNB, in a reply to an X post highlighting Polymarket’s increased mindshare across social media.

Next to the POLY ticket, Coplan put a thinking emoji, which quickly sparked rumors that the leading prediction market platform will be launching a token in the near future.

It isn’t the first time the Polymarket founder has toyed with the idea of a POLY token. In multiple interviews over the past eighteen months, Coplan has refused outright to dismiss the idea of a Polymarket native token, always keeping the door open for the possibility.

Polymarket has been valued at $9Bn after a $2Bn investment from Intercontinental Exchange (ICE), parent company of the New York Stock Exchange. Being valued at such a high amount has led to analysts and traders speculating that any Polymarket token will likely be launched at a multi-billion-dollar market cap valuation.

While those already using the Polymarket platform and racking up volume will likely be the obvious candidates to receive any upcoming Polymarket airdrop, some clever users have come up with strategies to farm POLY, even for new users.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now 

Around 85% of Polymarket Users Have a Negative PNL: Best Way to Farm POLY and NOT Lose Money

Is the upcoming Polymarket airdrop the next 100x play in crypto or is a 'Mine-2-Earn' presale play the top contender?

(Source: Dune)

A Dune dashboard from user @filarm shows that around 85% of Polymarket users have a negative PNL, meaning even those currently in line to receive a portion of a potential Polymarket airdrop will need to obtain a significant amount to offset their losses.

One airdrop farmer, @FabianoSolana, recommends employing arbitrage tactics to rack up volume on Polymarket while limiting financial losses.

Fabiano breaks down his strategy for farming the POLY airdrop as follows;

“Here’s what I do: I run arbitrage bets between platforms like Limitless, PMX, Stake and Polymarket
From that, I’ve developed two main strategies:

1. Pure Arbitrage Bets (max 5% loss)
I accept a loss of up to 5% per bet if the event is about to end soon.
The focus is on closing price gaps quickly with minimal downside.

Example:
Betting on whether MET will have an FDV above $1B one day after TGE.
Even if the spread is tight, a small loss can be acceptable to maintain volume and consistency on Polymarket

2. Risk-Calculated Arbitrage
Statistics show that outcomes with 10% or lower win probability often perform worse than the odds suggest.
This happens because people tend to gamble on underdogs (hopium)

So, my strategy is to take top candidates (with higher probabilities) in such markets.

Example:
In the Chilean presidential election, I bet on the top three candidates.
Of course, I could still lose 100%, but in the past, this strategy has given me the best results.”

He notes that only a small percentage of Polymarket users (around 15%), have actually placed more than 10 bets, and states his belief that consistency could be key when farming the Polymarket airdrop. Those who place consistent bets, with the option of arbitaging on other platforms to limit losses, will likely be rewarded handsomely in any potential airdrop for the POLY token.

BONUS: Is Pepenode (PEPENODE) the Next 100x Crypto Play as Virtual Mining Catches the Attention of Smart Money

Investors have poured six figures into the Pepenode (PEPENODE) ICO over the past weekend, bringing the total raised to $ 1.8M. With the broader market price action and sentiment improving after weeks of volatility, smart money is choosing to secure its funds in this blue-chip project, which is still in presale and less affected by the volatility of the FOMC.

Pepenode distinguishes itself in the competitive Pepe-themed memecoin market by offering extensive utility that is designed to maximize holders’ passive earning potential.

This utility includes virtual mining, stake, and a rising presale price through a price-stage presale model. Together, these features generate excitement and interest in the PEPENODE token before the project launches on DEXs and CEXs, with rumors that Binance are keeping an eye on the project..

Virtual Mining allows investors to establish virtual nodes and facilities that generate rewards immediately through a simplified dashboard. This feature enables presale investors to compound their investment and earn additional revenue, utilizing a GameFi approach to mining.

Staking further enhances the earning potential for PEPENODE presale investors, with an impressive 680% APY currently available. To date, approximately 1.15Bn PEPENODE tokens have been staked.

Finally, the Pepenode team has adopted a price stage presale model, which sees the PEPENODE price increase incrementally, meaning investors are automatically in profit each time the project reaches its next price stage.

As each funding milestone is met, Pepenode is cementing itself as one of the best candidates, alongside the Polymarket airdrop, for the next 100x crypto play.

The PEPENODE token is currently worth $0.0011094 at this stage of the presale, with just over 24 hours remaining until the timer expires and the price increases again.

Visit PEPENODE Here

EXPLORE: Best Meme Coin ICOs to Invest in 2026

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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