Who is promoting Plasma (XPL)? Yesterday, the XPL contract surged from around 0.6 to about 1.45. Many people say it’s because the project team has a strong background and is a favored child of Tether. In fact, a significant reason is the generous trading competition rewards announced by the official team. However, which project isn’t hyped when it first comes out? If they don’t create hype, how can they liquidate? Is the project team raising the price just to benefit retail investors? Currently, there are over 60,000 spots left in the trading competition, with a total of over 160,000 participants. The rewards range from 4 to 24 XPL, to be distributed in two weeks. The more people participate now, the fewer rewards will be distributed later; we are currently close to the lower end of 4. There are already many participants, and the estimated reward is around 10 XPL. The price isn't rising in a straight line now; if participation continues poorly, one might get stuck. The price of XPL in two weeks will definitely not be higher than it is now. Is it worth risking getting stuck for a reward of 10 XPL, equivalent to about 10 USD? The Binance Alpha event allows claiming short positions with just 100 points this afternoon, which can be sold for over 200 USD at the current price. This afternoon, there will be another wave of concentrated selling pressure. The current market value is already very high, and the probability of a drop is significant. Everyone should tread carefully! #xpl