XPL's performance is indeed worth paying attention to. In the current downtrend, shorting this asset is quite challenging, and market participants' confidence remains quite firm. From a fundamental perspective, the Plasma project team is continuously advancing development work, and the project ecosystem is steadily progressing. What's even more interesting is that even during the token unlock period, the market's reaction is more inclined to be positive—this phenomenon is uncommon in the crypto market; usually, unlocks cause selling pressure, but here it has been absorbed by the market as a bullish signal. The overall trend points upward, and the outlook remains bullish.
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Layer2Arbitrageur
· 8h ago
honestly the unlock momentum is mathematically interesting here... usually you're bleeding basis points during vesting but xpl's actually compressing the spread. that's either smart tokenomics design or the market's pricing something we haven't grokked yet. either way, the short squeeze mechanics are brutal rn—delta's moving against you fast if you're bearish on this one
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MissedTheBoat
· 8h ago
Can unlocking still lead to a rise? This time, someone really bought in, unlike some other coins...
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VCsSuckMyLiquidity
· 8h ago
Shorts on XPL are all suffering heavy losses. I saw it coming early; the team has something up their sleeve this time.
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DecentralizedElder
· 8h ago
Can unlocking still lead to a rise? This is the real good project for the bagholders, XPL has something special.
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ShamedApeSeller
· 8h ago
Unlocking without selling pressure and still rising? This is truly a project with confidence; XPL definitely has something special this time.
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MetamaskMechanic
· 8h ago
Can't even short properly, this is true strength. Unlocking can still bring positive news, XPL's hand is quite impressive.
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GasGasGasBro
· 9h ago
Can unlocking still be considered a positive signal? This coin does have some value, unlike those trash coins that dump immediately after launch.
XPL's performance is indeed worth paying attention to. In the current downtrend, shorting this asset is quite challenging, and market participants' confidence remains quite firm. From a fundamental perspective, the Plasma project team is continuously advancing development work, and the project ecosystem is steadily progressing. What's even more interesting is that even during the token unlock period, the market's reaction is more inclined to be positive—this phenomenon is uncommon in the crypto market; usually, unlocks cause selling pressure, but here it has been absorbed by the market as a bullish signal. The overall trend points upward, and the outlook remains bullish.