⚠️ $XPL Price Chart is PURE FEAR & FOMO! Don't Get Caught in the $1.69 Trap! 💥
The $XPL chart is a perfect illustration of post-launch madness. It went from $0.10 to $1.6930 in a massive spike, fueled by the Mainnet launch, Binance listing, and $2 BILLION in stablecoin liquidity inflow. This is not organic growth; this is the Hype Cycle in full effect.
While the fundamentals (zero-fee USDT transfers, Uniswap integration) are strong, look at the volume after the peak: it's a mess of profit-taking and fragile conviction. If you missed the original pump, chasing the price now is playing with fire. The next major downside test is likely the $1.07 level. Early backers already bagged 25x—whose bags do you think they're selling into?
Are you buying the $XPL dip or waiting for a solid consolidation base? Let me know!
#XPL #Plasma #NewListing #PumpAndDump #Volatile