$XPL: Is it just a repeated copy of the "graveyard" of VC coins?

3 months of continuous bleeding and a drop exceeding 93%

A repeated scene for coins like $W and $STRK that fell immediately after their listing (TGE) and did not experience a rebound

Why might $XPL survive?

• Heavy support: the project is backed by Tether and Peter Thiel

and not just a "transitory protocol"

• Tokenomics: team and investor shares locked for 3 years, meaning current pressure is from "airdrop" and public offering

• Real value: it is an L1 network aiming for zero fees on USDT, which is a huge market that cannot be ignored

The real question: have we reached the technical bottom or will the "curse" of inflated valuations continue?

$XPL

XPLBSC
XPL
0.2035
+8.18%

#xpl #plasma #elaouzi #USGDPUpdate

@Plasma