The white paper of Plasma states that the XPL plan TGE is on September 1:

✅Brother Sun @Justin Sun孙宇晨 just shouted on Twitter yesterday, "Big things are coming."

Early this morning, the $XPL contract price was reasonably manipulated by someone on Hyperliqiid, short squeezed, and a bunch of hedged short positions were liquidated.

All of this is being counted against Brother Sun.

If Brother Sun didn't do it, he would be wronged to death.

Fortunately, $WLFI is fine.

✅ Today's takeaway:

1. Celebrities shouldn't shout for no reason; otherwise, any bad things that happen within 24 hours will be counted against them, becoming the scapegoat.

2. WLFI and XPL, the two hottest tokens, both went live on CEX exchanges on September 1.

One is the token of the WLFI company, the issuer of the Trump family's stablecoin USD1, and the other is the Plasma public chain token issued by Tether, the issuer of the leading stablecoin USDT, both incredibly strong.

Is liquidity moving left or right?

It's no wonder everyone suspects Brother Sun did the short squeeze on XPL; both coins going live on September 1 resulted in mutual destruction. If one is killed or injured, the other has a chance to monopolize massive liquidity.

3. A leveraged short position hedge can also easily lead to liquidation.

4. The WLFI whale is impressive; the $WLFI contract price on Hyperliquid was also targeted early this morning and didn't rise to an outrageous level, protecting the early public offering users of WLFI who were hedging short positions.

5. Compared to WLFI, the whale behind XPL seems a bit weak. If you had to choose which spot to buy on September 1, which one would you go for?




#WorldLibertyFinancial
#Plasma