Nuclear Explosion Operation: 500 million emptied in seconds, 1 billion harvesting countdown.

  • First Round Financing Explosion: Launched on June 9, the Sonar platform had a 500 million quota that was snatched up by 1,100 wallets in one minute, with a certain whale staking 50 million USDC (accounting for 20% share), and the median pledge was $35,000.

  • Capital Endorsement: Strategic investment from Peter Thiel's Founders Fund, supported by Bitfinex and Bybit, with a valuation of $5 billion benchmarking against BNB.

  • The Tears of Retail Investors: Last time someone paid $110,000 in Gas fees to grab the quota, this time the 1 billion quota may trigger a three-part disaster: 'head smashing - market crash - running away'.

II. Technical Breakdown: BTC + Ethereum Dual Ecosystem Harvester

  • Bitcoin Cover: UTXO model + BTC pays Gas fees, safety is skyrocketing, state root anchored to Bitcoin's main chain.

  • Ethereum Attracting Fans: EVM compatible, seamless migration of Solidity code, supports dual-channel trading (free + XPL acceleration).

  • Dark Rules: Personal deposit limit of $50 million, lock-up period of 40 days (12 months in the US), liquidity locked.

III. Deadly Traps: Three Major Explosion Warnings

  1. Shareholder Black Curtain: The top 10 addresses control 50% of the quota, with a certain address staking 10.17 million USDC and paying $430,000 in Gas fees.

  2. Token Explosion: XPL total supply of 10 billion, first round financing releases 10%, whale selling pressure may cause it to drop to zero after the lock-up ends.

  3. Regulatory Guillotine: US users are excluded, strict checks in the UK and Japan; if classified as securities, the team may run away.

IV. Controversial Theory: Is Plasma a Wealth Code or a Graveyard for Retail Investors?

  • Bullish Army: 'The Bitcoin + Ethereum dual ecosystem is invincible! 1 billion is just the beginning; a hundredfold script has already been written!'

  • Bearish Army: 'Valuation skyrocketed from 500 million to 5 billion; the bubble is even bigger than LUNA2.0! The lock-up period is a countdown to unloading!'

  • Advice from Veteran Investors: 'The 500 million quota corresponds to 10 billion tokens, with each USDC only exchanging for $0.05 XPL; an annualized 5% cannot outpace inflation!'

V. Life-and-Death Operations: Two Types of People Must Die Strategies

  • Aggressive Dog: All-in with a 50 million quota (institutional channel required); unconditional cutting loss if it falls below $0.04.

  • Conservative Dog: Wait for the lock-up period to end before selling, buying the dip on Arbitrum and zkSync, closely watching Ethena and Aave competitors.

The Final Blow:
'The 1 billion quota of Plasma is not a pie in the sky; it's a slaughterhouse! The smart retail investors have already run away!'

Twelve years in finance, a pioneer in the crypto world’s exclusive secret: Insight into the market, steady progress. Follow the captain to learn how to steadily appreciate value, where risks and opportunities coexist in investment. Blind operations are a major taboo in the crypto space!