PlasmaXPL

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#Plasma #PlasmaXPL #XPL $XPL

FEVER IN THE MARKET!
The XPL Token from Plasma Reaches a Valuation of $4.5 Billion Before Its Official Launch, Driven by Binance's Backing and Massive Speculation

The token #XPL from the blockchain #Plasma is creating a frenzy in the market ahead of its official launch, with a fully diluted valuation that has soared to over $4.5 billion dollars. Just a few months after raising $373 million in a private sale with a valuation of $500 million, the price of the token has skyrocketed 9 times in pre-listing markets like Hyperliquid and Binance, unleashing intense speculation.

The token, which was sold at $0.05, is now trading at $0.45, translating to a valuation of $4.5 billion. The intense speculation has led to long positions in these markets yielding an APY return of around 1,200%.

Support from #Binance : The momentum has been fueled by Binance's aggressive promotions. The exchange offered a "Plasma USDT Locked Product" that filled up quickly, forcing them to raise the subscription limit to $1 billion USDT. A tranche of $250 million USDT was completed in just three minutes, underscoring the enormous demand.

Star Project in Funding: Plasma, a layer 1 blockchain backed by Bitfinex and focused on stablecoins, raised $373 million in its public sale, exceeding its original target by more than seven times.

Ambitious Technical Proposal: The network is designed to provide commission-free USDT transfers and has evolved from its initial plan of combining Bitcoin's architecture with Ethereum's EVM, now opting to operate as an independent L1 with a bridge to Bitcoin.
#PlasmaXPL #CryptoNews
$XPL

plasma new opened 250 million USDT quota sold out in 2 minutes
Is this a bull market?

You are really useless, you can't even get on the bus after pressing your head
#PlasmaXPL #plasma

The pool in Plasma USDT Locked Product has ended, it was fully allocated in just 50 minutes.
I managed to deposit only 1500$ #PlasmaXPL

MADNESS for PLASMA! The 'Stablecoin Blockchain' of #bitcoin ROZA reaches $1,000 MILLION in Deposits in 30 MINUTES

The Fever for Bitcoin Liquidity and Zero Gas is unleashed

#Plasma the innovative blockchain focused on stablecoins that seeks to bring the functionality of stablecoins to Bitcoin through an EVM-compatible sidechain has generated a frenzy of activity once again.

Early Thursday, Plasma increased its deposit limit to $1 billion and reached that figure in just 30 minutes, demonstrating massive appetite for its value proposition.

Deposit Limit Shot Up: Plasma raised its deposit limit to $1 billion (double the previous limit of $500 million, which had already been filled in 5 minutes days before).

Not a Token Sale (Yet): Plasma clarified that the current deposits do not constitute the sale of the token #XPL itself; the funds remain the property of the depositors and will be transferred to the beta of the Plasma mainnet.

Right to Participate in XPL Sale: Participants in the deposits gain the right to participate in the upcoming public sale of XPL (valued at $50 million), proportional to their deposits.

Plasma's Vision: The project aims to offer native stablecoin functionality to Bitcoin through an EVM-compatible sidechain, solving issues like high fees and Ethereum congestion, while anchoring to Bitcoin's security model.

Zero Gas and Initial USDT: Plasma promises a 'zero gas' environment for stablecoin transactions, and USDT will be the first supported asset, with others to come.

Massive Appetite for Stablecoin Infrastructure: The speed at which the deposit limits filled indicates enormous market demand for stablecoin infrastructure.
#PlasmaXPL #XPLToken $BTC
$XRP