Interest in prediction markets has been growing since the beginning of 2024 in the run-up to the US presidential election. PancakeSwap has introduced its first prediction bot in response to this increasing interest in prediction market products.

The new PancakeSwap prediction Telegram Bot was launched in beta on Sept. 11. It offers mobile users a convenient way to predict the future price of the BNB (BNB) token. The new prediction bot was launched due to a growing interest in prediction markets, the PancakeSwap team told Cointelegraph.

Prediction markets are booming ahead of the 2024 US presidential election, scheduled for Nov. 5. The election's outcome could have significant regulatory implications for the cryptocurrency sector. This has fueled a surge in interest in prediction market products like the new PancakeSwap Telegram bot.

The PancakeSwap prediction Telegram Bot allows users to conveniently predict the future price of BNB, the native token of the Binance Smart Chain. This provides an opportunity for crypto enthusiasts to own a piece of crypto history by participating in this new prediction market offering.

Source: https://cointelegraph.com/news/pancakeswap-launches-prediction-telegram-bot

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